South Africa is the world’s third-largest producer of pecans, nevertheless it lacks a significant pecan moist cracking facility attributable to traditionally low pecan manufacturing making moist cracking unprofitable.








Dried Fruits & Nuts





Norfund, the Norwegian Investment Fund for Developing Countries, has invested $8 million in Redsun Dried Fruit and Nuts, a raisin processor and distributor based mostly in South Africa. The fairness funding will probably be used to broaden Redsun’s operations with two new state-of-the-art services, which can assist the corporate improve its market share within the wholesome snack market.












Norfund’s progress funding will permit Redsun to double its present capability by establishing the one raisin processing facility in Vredendal, South Africa’s fastest-growing raisin manufacturing frontier.

Due to its location in a distinct consumption area with a novel local weather near Cape Town, one in all Africa’s predominant ports, Vredendal supplies diversification and logistical advantages. Redsun was based in 2009 and relies in Keimoes (Northern Cape), the place 90% of the nation’s raisins are produced.

Meanwhile, the corporate is diversifying its dried fruit and nut providing by establishing a brand new pecan moist cracking facility adjoining to its Keimoes raisin facility, because it seeks to ascertain itself within the Orange River’s fastest-growing crop.

One of the primary moist cracking services within the southern hemisphere will probably be constructed right here. The know-how has been in use within the United States for greater than ten years and produces increased yields than the present dry cracking know-how in use in South Africa.












South Africa is the world’s third-largest producer of pecans, nevertheless it lacks a significant pecan moist cracking facility attributable to traditionally low pecan manufacturing making moist cracking unprofitable.

Pecan manufacturing within the nation, alternatively, greater than doubled from 2014 to 2021, with manufacturing anticipated to triple by 2030. The investments are anticipated to greater than double Redsun’s present workforce of 163 workers, create 200 new jobs, and help over 6,000 oblique jobs.

“By creating jobs and increasing the company’s value, this investment in Redsun satisfies our mandate. It also fits with our plan to create jobs locally by processing agricultural products. “The firm and the area will profit tremendously from the brand new pecan moist cracking and raisin processing services.” “We’re trying ahead to working with an skilled administration workforce and benefiting from 1K1V’s entry to Three-Dimensional Capital,” mission supervisor Andre Kemp stated.












The firm has a aggressive benefit at a essential juncture within the worldwide raisin and pecan business, as manufacturing within the United States is declining whereas demand is rising globally. The manufacturing of raisins in South Africa has elevated dramatically during the last ten years, and this development is predicted to proceed.








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