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
-
Cameroon’s SNH Tightens Oil Contracts as Market Volatility Reshapes Pricing
04:25
-
Cameroon Plans 28 km Bypass to Ease Congestion on Key Douala-Bangui Corridor
03:59
-
Jet Fuel Spike Highlights Structural Weaknesses in Nigeria’s Air Transport Sector
21:27
-
Zambia Expands Solar Capacity With 50 MW Plant in Luapula Province
21:22
-
Senegal Regains Control of Key Gas Block After Kosmos Exit
21:18
-
PHC Plans Palm Oil Refinery to Capture More Value in Congo Market
21:02
-
Cameroon Opens Public Review of Environmental Impact for Edéa Quarry Project
20:13
-
CEMAC Looks to Its Own Markets to Fund Infrastructure and Reduce Reliance on Foreign Capital
19:23
-
RAINE project enters operational phase with “Mawuse” tunneling machine
19:19
-
National AI Program Positions Algeria for Digital Growth
16:43
Enko Capital acquires Servair’s fast-food unit in Côte d’Ivoire, including the Burger King franchi...
Mediterrania Capital bought Australian Amcor's Moroccan packaging unit Enko Capital took ov...
Central bank to release $1 billion in cash to curb black market demand Move aims to ease inf...
From eastern Chad, where measles and meningitis are spreading through overcrowded refugee camps, to ...
As the Japanese automaker faces global headwinds, it is doubling down on its operations in Egypt, ai...
Government orders talks to set “fair” Jet A1 prices Fuel costs jump nearly 267% in two months, straining airlines Sector warns of flight disruptions...
New 50 MW solar plant aims to improve power supply in rural Luapula Project reflects shift away from hydro dependence after 2024 drought Government...
Petrosen takes full control of Yakaar-Teranga gas project Government hails deal as a strategic recovery with no financial cost Timeline targets first...
PHC targets in-house refining to move up the value chain Project depends on output growth that has slowed in recent years Expansion comes as Congo...
The history of Kerma stretches back several millennia. Located in what is now northern Sudan, the site was inhabited as early as prehistoric times....
CANAL+'s film arm backs a ZAR 300-million feature rooted in South Africa's anti-apartheid music movement. Production kicks off June 29 in Cape Town,...