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Saturday, 19 June 2010

Investment Watch (Farming)

South Africa's Astral Foods Ltd has opened a new farm starting with a $10 million chicken hatchery, as a first move in plans to expand across southern Africa. According Roedolf Steenkamp, Astral managing director, "The development is another step in Astral's business plan to strategically focus expansion in a responsible and cautious manner outside the borders of South Africa....The hatchery and breeder farm have been established to produce and hatch up to 1 million day-old chicks per week as demand for broilers in the region increases".

3 comments:

  1. African farms lure overseas investment,
    Funds seek assurances on land ownership:

    http://www.busrep.co.za/index.php?fArticleId=5627527&fSectionId=561&fSetId=662

    ReplyDelete
  2. Is Zambia Africa's next breadbasket?:

    http://www.mg.co.za/article/2010-10-01-is-zambia-africas-next-breadbasket

    ReplyDelete
  3. Indian firms find Africa fertile ground for contract farming:

    http://www.livemint.com/2010/10/18213106/Indian-firms-find-Africa-ferti.html?atype=tp

    ReplyDelete

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