Zambeef
According to its website, Zambeef is the largest beef producer in Zambia.[1] The company also provides feedlot services, and manufactures milk, chicken, eggs, leather and shoes. The company operates a fast food restaurant chain and a trucking company, including a fleet of refrigerated trucks. Zambeef grows crops, including wheat, maize, lucerne and soybeans, produces feed, and operates feed processing plants.[2] Its subsidiaries include Master Meats Production Company, of Nigeria.[3] The company's export business is active, especially throughout southern Africa.
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Zambeef also has a concessionary agreement with Shoprite to run all their butcheries.
'Zambeef claims to have a good Corporate social responsibility programme, since 2007 it has supported the African football social enterprise Alive & Kicking, giving it space on its Zamleather site as well as start up contributions.[4]
Zambeef is listed on the Lusaka Stock Exchange with a market capitalisation of over US$70 million.[5]
In July 2022, Zambeef signed a ZMW 570.0 million (US$35.0 million) debt facility with the International Finance Corporation (“IFC”) to partially fund its Mpongwe Farm expansion of US$ 100.0 million that the company announced in June 2022.[6]