The Company’s step-down subsidiary Kawambwa Sugar Ltd (KSL) has been allotted 10,000 hectares of land by Zambian Govt in Luena Farm block, Luapula Province for development of commercial agri projects. We have been working on pilot projects of Sugarcane, Avocado, Marigold, Paprika plantations.

• KSL Avocado Project is addressing the growing worldwide demand for avocados.
• The project covers 1,100 hectares and is one of the largest and most technologically advanced avocado operations developed from scratch.
• A panel of international experts, led by Professor Mary Lu Arpaia, has provided consultation, and confirmed ideal conditions for producing high-quality fruit.
• The project utilizes the latest technology, cultivation practices, and micro-cloned varieties.
• World-class farming practices and processing facilities enable the production of fresh fruit, oil, and other value-added products for international sale.
• KSL plans to have 400,000 trees capable of producing 25,000 MT of fresh avocados and processed products annually.
• The project requires an investment of up to USD 50 million over five years.
• Once in full production, estimated annual revenue is around US$ 60 million, primarily from international sales.
• The project aims to become a well-known brand on the international stage, creating a unique position in global supply windows and market pricing.
• Within the Southern African Development Community (SADC), KSL aims to be the leading avocado producer in terms of sustainable production.

Sustainability

Implement strict environmental and social measures to maximize sustainability and inclusive community development, including carbon sequestration, efficient water usage, and welfare programs.

Project Goals

• Create direct employment for over 600 full-time workers and 600 seasonal workers, with a particular focus on empowering women.
• Provide training, and skill development to boost local employment and business opportunities.
• Offer large-scale outreach opportunities to uplift local farmers.
• Create indirect economic benefit for the local community by increasing the demand for local goods and services.