Zimbabwe unveils US$1.4 Billion Agricultural Investment Package

Nqobile Bhebhe,Zimpapers Business Hub

ZIMBABWE has unveiled a robust US$1,4 billion agricultural investment package to global financiers, targeting seven high-impact value chains as the country positions itself to meet domestic needs and secure lucrative export markets.

The pitch was made at the Africa Food Systems Forum (AFSF) in Dakar, Senegal, where Permanent Secretary for Lands, Agriculture, Fisheries, Water and Rural Development, Professor Obert Jiri, said the thrust is anchored on the Zimbabwe Agriculture Food Systems and Rural Transformation Strategy (AFSRTS).

The country has identified 42 agricultural value chains but narrowed down its pitch to seven priority areas for targeted impact—blueberries, dairy, beef, maize, sunflowers, soyabeans and poultry.

“We are in Dakar, Senegal, where we are meeting investors in agriculture. As Zimbabwe, we have our investment pitch anchored on the Agriculture Food Systems and Rural Transformation Strategy (AFSRTS).

 

 

“We are saying Zimbabwe is open to develop these value chains to fulfil internal requirements and also for exports. The total package of US$1,4 billion has been pitched to ensure that we develop these value chains,” Prof Jiri said.

According to the Zimbabwe Agriculture Food Systems and Rural Transformation Investment Roadmap (ZAFSRTIR), sector-specific requirements include maize (US$468 million), soyabeans (US$403 million), sunflower (US$251,9 million), blueberry (US$23,7 million), beef (US$45,2 million), dairy (US$71,4 million), eggs (US$15,1 million) and broilers (US$143,3 million).

 

Related Posts

Lionel Messi retires from Argentina duty: 39-year-old bows out after defeat in World Cup final to Spain – just a few weeks after his father passed away

  Lionel Messi has announced his retirement from international football following Argentina’s defeat in the World Cup final to Spain last month. The 39-year-old revealed on Monday afternoon that he…

10 000 returnees receive Red Cross support amid SA migration crisis

  Theseus Mauruki Shambare THE Zimbabwe Red Cross Society has assisted more than 10 000 returnees from South Africa with emergency support following the recent anti-migrant violence, as the humanitarian…

Leave a Reply

Your email address will not be published.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