Cros Agro Allied Ltd To Invest $65m In Nigeria’s Potato Sub-sector

2 Mar

proshareng.com 27 Feb, 2017

Cros Agro Allied, a Nigerian agribusiness company, has  commitment to invest $65 million in the country’s potato sector. In its investment commitment, Cros Agro has outlined plans to expand its existing potato production area to 900 ha, which will supply the company’s potato processing facilities, run by Rosenqvists Food Technologies AB, to increase production of French fries and potato flakes. The company plans to invest primarily in the expansion of its processing capacity through new equipment, and farm machinery to support increased production of potatoes.

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