Project detail - ZAMBEEF PRODUCTS PLC

ZAMBEEF PRODUCTS PLC

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Who is our client

Zambeef Plc. is a leading integrated agribusiness company in Zambia, involved across the value chains of of beef, chicken, pork, dairy products, edible oils, stock feed, grains, flour and bread. Its activities include production, processing, distribution and retailing.

Funding objective

FMO's loan will be used to further develop the edible oils activities of Zambeef Plc.

Why we fund this project

Zambia is one of the 55 poorest countries in the world. The expansion of Zambeef's operations will facilitate employment generation in a country with relatively high unemployment rates. In addition to this, increased production will provide consumers with better access to affordable food products.

More investments

Date Total FMO financing
12/20/2016 USD 7.50 MLN
Region
Africa
Country
Zambia
Sector
Agribusiness, Food & Water
Signing date
3/5/2013
Total FMO financing
USD 5.00 MLN
Fund
FMO
Risk categorization on environmental and social impacts, A = high risk, B+ = medium high risk, B = medium risk, C = low risk Environmental & Social Category
(A, B+, B or C)
A