German company, Amatheon is constructing two dams at a cost of over US$25 million to boost farming activities through irrigation in the Mumbwa area of Zambia. The two dams Abba and Katanga, are expected to be fully operational by 2016/17, respectively.
Amatheon Agri Group founder and chief executive officer Carl Heinrich
Bruhn said the total investment for Abba dam is over US$15.6 million
while Katanga cost is US$10.6 million. Bruhn said Katanga is a joint venture between Amatheon Agri Zambia and
Toyota Tsusho Corporation with intentions to develop 2,700 hectares of
land for cropping of maize, wheat and soya beans while Abba is part of a
farming bloc expansion to develop 10,000 hectares for irrigation
farming as well as cattle ranching and rain-fed cropping.
Amatheon operates projects in Zimbabwe, Zambia and Uganda.
African Agriculture
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August 02, 2015
German agricultural concern invests US$25 million on Zambian dams
Categories agribusiness, investment, irrigation, Zambia
