Nyamane Agro Foods Holdings

The NEF has entered into a joint venture with Nyamane Agro-Foods Holdings (Pty) Ltd to conduct a Bankable Feasibility Study (BFS) into the establishment of a tomato paste manufacturing plant/factory. The project will be a vertically integrated operation that involves the farming of tomatoes to be processed at the factory. The paste will be sold locally to food producers and exported globally. The financial close funding is an estimated R200 million and the project shall create over 100 direct jobs and in excess of 500 indirect jobs.