Investor hails Zim’s agric potential

Kudakwashe Mugari    

Deputy National Editor

THE co-founder of South African empowerment organisation U Can Company, Mr Steve Carver, has described Zimbabwe as the premier investment destination for agricultural transformation in Africa.

He cited high levels of farmer enthusiasm and a robust extension officer network as key competitive advantages, with plans for national expansion linked to international fundraising of up to US$1 billion from institutional investors.

Speaking after a one-week extensive assessment of the country’s farming landscape, Mr Carver expressed confidence in the success of the US$15 million Zimbabwe National Livelihood Graduation Programme, which aims to transition over 100 000 smallholder farmers from aid dependency to bankable, commercial livelihoods.

Zimbabwean entrepreneur Mr David Munowenyu, in partnership with UCAN, structured an agricultural investment programme targeting smallholder farmers, in a move expected to boost productivity and expand the sector.

During his visit, Mr Carver said the visible productivity in farming hubs like Beatrice, where young farmers are leading the charge in high-value chains.

Related Posts

Zimbabwe crowned Region 5 darts champions

Daniel Chigunwe Herald Correspondent ZIMBABWE has been crowned champions of the AUSC Region 5 Darts Championship after putting up a dominant performance at the regional tournament in Gaborone, Botswana, last…

City clarifies ownership of branded vehicles

Ivan Zhakata  Herald Correspondent THE City of Harare has clarified that vehicles bearing its coat of arms or logo are not necessarily council assets, adding that ownership is determined by…

Leave a Reply

Your email address will not be published. Required fields are marked *