In recent weeks, we have seen a significant increase in the number of enquiries related to the Agro Processing Support Scheme which offers up to R20m in grant funding to qualifying businesses.
This suggests that there is a lot of interest in the agriculture and agro-processing industries, something which bodes well for a sector which has been in the doldrums for much of the last 5 years.
We are always on the look out for good news stories in the sector and we came across this interesting collaboration between RMB and Afgri which was published on Moneyweb.
RMB partnered with Afgri Group Holdings to create a first-of-its-kind infrastructure asset in the form of a grain storage investment platform. This innovative transaction, achieved in collaboration with leading South African institutional investors, creates a platform for future investment, growth and transformation in the agricultural sector.