GIL injects more investment into agriculture

GIL injects more investment into agriculture

Global Industries Limited (GIL) manufacturers and sellers of edible oils, fats, and soaps have invested US$90 million for a new soya bean seed crushing plant in Ndola.

Malolan Sampath, GIL chief executive officer said the plant, able to crush 800 metric tonnes of the soya bean seed per day, is one of the largest in Africa.

The development comes as part of the company’s efforts to help government diversify the economy to agriculture.

 “Currently, we have employed about 400 people in the refinery, soap and packaging divisions.

On the new crushing plant when it is fully operational we will employ another 250 people,” said Sampath adding the plant is completely computerised applying high quality technology.

Meanwhile government has promised to continue supporting the private sector investing in agriculture.

Previous Mozambique increase cashew nuts produce
Next Private sector financed farm in the pipeline for Copperbelt

About author

You might also like

Fresh Produce 0 Comments

SA citrus specialists to visit EU over black spot row…

SOUTH African citrus experts are due to visit several European Union (EU) countries this week regarding the dispute over citrus black spot (CBS), which has threatened the country’s R10bn citrus

Business 0 Comments

Strengthen business in DRC, Zimbabwe, poultry farmers urged

Poultry Association of Zambia (PAZ) says farmers should take advantage and strengthen their export market positions in the Democratic Republic of Congo (DRC) and Zimbabwe, where outbreaks of bird flu

Technology 0 Comments

Microsoft partners with AGRA to support digital transformation in agriculture

The partnership between Microsoft and Alliance for a Green Revolution in Africa (AGRA), enabled through the Microsoft 4Afrika initiative, will enhance AGRA’s digital transformation agenda as it works to improve food