Published: 2 hours ago

ZIMBABWE has launched a US$1,4 billion agricultural investment package aimed at attracting global financiers to seven high-impact value chains, as the country seeks to meet domestic demand and expand into lucrative export markets.

The announcement 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, presented the investment pitch. He said the initiative is anchored on the Zimbabwe Agriculture Food Systems and Rural Transformation Strategy (AFSRTS).

"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. 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 investment requirements include US$468 million for maize, US$403 million for soybeans, US$251,9 million for sunflower, US$23,7 million for blueberries, US$45,2 million for beef, US$71,4 million for dairy, US$15,1 million for eggs, and US$143,3 million for broilers.

The strategy reflects Zimbabwe's commitment to modernising its agricultural sector, boosting food security, and creating opportunities for export-led growth.
- The Chronicle

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