Tue, 16 May 2017 10:25:32 +0000 ZDA ready to fund agro-processors By SHEILA SAKUPWANYA THE Zambia Export Development Fund (ZEDEF) has appealed to non-traditional exporters in the country to venture into product development projects so that they can benefit from the US$1.5 million funding. ZEDEF is a department under Zambia Development Agency (ZDA) mandated to lend funds to non-traditional exporters in agro-business processing who could not access funding from the banks to grow their businesses. Speaking in an interview with the Daily Nation, ZEDEF fund manager Albert Halwampa disclosed that the US$1.5 million fund was available and that the application letters were ready for the non-traditional exporters throughout the country. “We have already disbursed US1.5 million and we are remaining with US$1.5 million funding to lend to the non-traditional exporters. The highest we lend is US $100,000 while the lowest is US$10,000 and application forms are available at ZDA,” he said. He said the money […]
