Namibia’s private sector is being encouraged to tap into a government-run green agribusiness programme.

Agribusdev green schemes currently under development are open to private-sector participation, according to the Namibian.

Participants are encouraged to lease, operate and grow the projects on behalf of Agribusdev. At a later stage, they will be able to recoup their investment before returning the scheme to the organisation.

Namibian Agriculture Ministry executive director Percy Misika describes the plan as a build-operate-transfer model, that aims to develop the schemes while reducing the parastatal’s operational costs.

9 April 2019
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