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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".


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

  2. Is Zambia Africa's next breadbasket?:

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


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