THE private sector plays a crucial role in our aspiration to become a regional economic hub and this is yet another positive development worth applauding, President Edgar Lungu has said. And Reuters reports that Zambia’s African Green Resources (AGR) has launched a US $81 million financing programme under which the company and its partners will provide farm supplies and technology to farmers in exchange for grain.The international media further says as part of broader plans by AGR to invest US $150 million in Zambia for projects including a 50 megawatt solar farm and irrigation dam, AGR will target 120 commercial farmers and 250,000 small and middle farmers with the new programme to boost food security in Zambia and the surrounding region, the media house said, quoting company chairman, Zuneid Yousuf.The programme will cover 60,000 tonnes of fertiliser for wheat and soya farming – worth $55 million – and $26 million for projects such as the […]
Lungu hails AGR’s US $81 million projects financing
