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SUBSIDIARY NAME
AGRICULTURE, LIVESTOCK AND AGRO-INDUSTRY PROJECT
COUNTRY
WAKABANGO I, Luindi, Basile, Wamuzimu and Bakisi CHIEFDOM in Shabunda and Mwenga Territories in South-Kivu Province / Democratic Republic of the Congo
SECTOR/ INDUSTRY
Agricultural
OWNERSHIP %
70% IIB-DG
ACQUISITION DATE
July 28, 2022
ACQUISITION VALUATION
424 MILLION
TOTAL ASSET VALUATION
4.24 BILLION
AGRICULTURE
AGRICULTURE, LIVESTOCK AND AGRO-INDUSTRY PROJECT acquired on July 28, 2022.Contribute to the economic growth of Luindi, Basile, Wamuzimu, Wakabango I and Bakisi in South-Kivu province in DRC.1. To transform 2 million hectares of arable land into agricultural and animal farms. 2. To Build and operate 5 innovatives agro-industrial factories in Luindi, Basile, Wamuzimu, « Wakabango I» and Bakisi chiefdoms. 3. To market the agro-pastoral products processed in the project factories.
