Zambia invites Nigerian firm to establish cocoa plantation

The Zambian government has invited a Nigerian company, Multi-Trex Investment, to help establish a cocoa plantation in the country, just as the company also said that it has acquired a processing plant with the capacity to process 10,000 metric tons of beans annually.

The managing director of the company, Yusuf Isiaka, said this at a press conference in commemoration of its 10 years of operations held at its headquarters located at Km 29, Lagos-Ibadan Expressway, Warewa, Ogun State.

Mr. Isiaka said the arrangement is at an advanced stage to establish the plantation in Zambia. “We have designed a solid business integration strategy which takes a holistic view of the business.”

He said that the company has expanded its operations from trading in cocoa beans to include processing cocoa beans into semi-finished products such as cocoa liquor, cocoa butter and cocoa cake.

“For Multi-Trex, the dreams keep coming and the drive for steady growth is unending. Multi-Trex is committed to increasing local consumption of other cocoa-based products and indeed break into new markets in other parts of the world,” Mr. Isiaka added.

He said the company will continue to contribute its quota to the industrial development and economic progress of the country, adding that, “we have in our employment over 200 staff with demonstrated local and international expertise”.

He stressed, “we have created jobs and have also impacted our environment positively. We shall not waver in our determination to make our product a global brand.”

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