Greenfuels is investing U$500 million for a sugar-ethanol plant in Zambia, according reports from local press. Some 30,000 hectares for a sugar cane plantation Luapula province has already been acquired. . “Under the programme, the Zimbabweans firm will build a sugar, ethanol and molasses processing plant and the $500 million investment is expected to create about 5,000 jobs,”said Chanda Kasolo the country’s permanent secretary for Luapula province. Details on plant capacity were not supplied. Greenfuel is owned by the Zimbabwean millionaire Billy Rautenbach.… Login to continue

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