Australian company United Exports announced a 5-year investment of R1.3 billion ($84million) in South Africa’s agriculture sector.
The money will mainly be put in the company's local supply chain, which includes several blueberries, grapes, pear, pome fruit, and citrus producers.
United Exports says the operation is expected to create 8,400 new jobs, particularly in rural areas, in addition to the 10,000 already supported in production, packaging, and export operations.
South Africa is the largest fruit exporter in southern Africa. The diversity of the country's climate allows it to grow a wide range of fruits, including subtropical fruits (pineapple, mango, avocado), exotic fruits (strawberry, raspberry, blueberry, melon), deciduous fruits (grape, apple, pear, peach, nectarine, kiwi, plum) and citrus fruits (lemon, orange, grapefruit).
Espoir Olodo
Flutterwave secures Nigerian banking license to offer credit and savings License enables direct d...
BCEAO mandates all financial institutions to complete integration Move aims to ensure seamless, i...
EBID aims to allocate nearly 41% of its commitments to environmentally and socially impactful projec...
This week, Africa’s health outlook is shaped by mounting supply chain risks tied to global tensions,...
West African Development Bank allocates $131.8 million to support cotton sectors in Burkina F...
Gisèle Mélanie Houngue appointed CEO of BGFIBank Benin, replacing Alexis Louéké Veteran of the group with over a decade in finance and audit...
World Bank backs industrial policy as a shield against compounding shocks — a landmark shift from the Washington Consensus orthodoxy it championed for...
Africa counts more than 1,000 tech hubs in 2024, up from fewer than 600 in 2019 Leading ecosystems in Kenya, Nigeria and Rwanda attract capital and...
Meridian Port Services receives 16 electric RTG cranes for Tema Port expansion; $1.5 billion upgrade aims to raise capacity to 3 million TEUs...
Sungbo Eredo, located in southwestern Nigeria near the Yoruba town of Ijebu-Ode, stands as one of the most remarkable yet overlooked monuments of...
“Dodji, l’Archet Vodoun” is a documentary about reconnecting with ancestral culture to understand one’s origins, following an initiation ceremony that...