Massive agroforest project in Mpumalanga bets on appeal of green investment | Business

  • 📰 News24
  • ⏱ Reading Time:
  • 51 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 24%
  • Publisher: 80%

Business News News

Business Business Latest News,Business Business Headlines

A London-headquartered private organisation has launched an ambitious agroforest project in South Africa with the aim of creating social, environmental, and economic benefits for local communities while generating healthy returns for patient investors.

An agroforest project in Mpumalanga could create over 50 000 jobs.

A London-headquartered private organisation, TERRAGRN, has launched an ambitious agroforest project in South Africa with the aim of creating social, environmental, and economic benefits for local communities while generating healthy returns for patient investors. The project – TERRAGRN's first – broke ground last month. Work is now well under way to plant bamboo, fruit trees, fire-breakers and integrated pest management plants on a 220-hectare plot. The project hopes to plant 93 000 plants and trees by April.

The group plans to grow the agroforest located in the coal heartland of Mpumalanga from small beginning to some 200 000 hectares by 2030, making significantly larger than the City of Johannesburg. Regenerated soils will support sustainable harvests of food crops and other plant species.Get 14 days free to read all our investigative and in-depth journalism. Thereafter you will be billed R75 per month. You can cancel anytime and if you cancel within 14 days you won't be billed.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

How much money will they be taking out of South Africa 🇿🇦?

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 4. in BUSİNESS

Business Business Latest News, Business Business Headlines