Australian United Exports to pump $84mln into the South African agriculture sector over the next 5 years
Tuesday, 10 November 2020 16:53
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
Additional Info
- communiques: Non
- couleur: N/A
Live News
-
Robotics: Micropolis-AfricAI deal to deploy autonomous ground vehicles in Africa
20:56
-
Cameroon: Kribi Industrial Zone expected to create 150,000 jobs over 15 years
20:41
-
Nigeria moves 2027 presidential election to Jan. 16 amid Ramadan overlap concerns
20:38
-
Algeria Adopts 2025-2029 National Cybersecurity Strategy
20:14
-
African Visual Art Gains Global Traction as Women Lead Auction Surge
18:56
-
Deon Nobrega Targets Employee Debt With Tech-Driven Wage Access Model
17:53
-
Michael Louis Targets AI Scaling Bottlenecks With Cerebrium
17:50
-
Malawi Turns to Ghana to Accelerate Digital Transformation
17:49
-
Cameroon Among Four Nations Hit by UK Student Visa Ban as Britain Cites £4bn Asylum Burden
15:46
-
Afriland First Bank RDC Faces Mounting Losses and Possible Exit of Its Main Shareholder
11:35
Senegal launches 200 billion CFA bond in UEMOA Proceeds to fund 2026 budget, transformation agend...
Amazon begins talks with Kenya on low-Earth orbit satellite broadband Kenya’s digital market ...
Algeria’s NESDA and the Algerian‑Saudi Investment Company sign cooperation deal focused on researc...
DRC seeks ITC support for local battery value chains Musompo SEZ targets $2 billion private ...
Military escalation between Iran, Israel, and the United States has raised the risk of disruptions...
Micropolis Robotics signs $9.3 million robotics deployment deal with AfricAI Unmanned vehicles planned for security, agriculture and border...
Kribi Port Industrial Zone could boost Cameroon growth by up to 8% Project aims to create about 150,000 jobs over 15 years Development of...
Nigeria moves 2027 presidential election to Jan. 16, 2027 Change avoids overlap with Ramadan after Senate and community concerns State governor...
Rand Merchant Bank and the Development Bank of Southern Africa are preparing a five-year $122 million green bond. The bond will finance...
African-born artists generated $77.2 million in auction sales in 2024, down 31.9% year-on-year. Women artists accounted for about $22...
In April 2026, the Amani Festival will change venues. Forced to leave Goma for Lubumbashi due to growing insecurity, the event turns displacement into an...