Bonafarm

African Development Bank (AfDB) country director, Freddie Kwesiga, said the co-operating partners look forward to specific interventions to ensure improved land tenure and equitable access to land by partnerships of small, medium and large-scale investors.

A senior government official in Serenje has urged the Zambia Development Agency to quicken the process of facilitating investment inflow in the 155,000-hectare Nansanga farm block in Central Province.

Sable Transport Limited of Zambia and Bonafarm Group of Hungary were the only two companies that submitted their bids for the acquisition of the core venture of 9,350 hectares and three other commercial farms.

The Zambia Development Agency has short-listed 10 local and foreign companies (such as Chayton Capital or Pro Alia Investment) which expressed interest in the development of Nansanga farm block (155 000 ha) in Serenje.

Of the 16 applications received, only six were from Zambia while the rest were from foreign investors from the UK, Egypt, China, Hungary, Mauritius, Switzerland and South Africa.