Dairy giant increases African investment


The announcement comes just after the Clover Group launched its first branch in Zambia - outside South Africa in over 110 years of its survival.

Clover Industries Limited has at first injected US$520, 000 into the Zambia dairy market, where figures show that less than 20 million litres of milk is obsessive in the southern African state.

As businesses across the globe continue to hold back their offshore investment due to the lingering economic depression, South Africa’s largest diary company said it is looking at doubling its investment blueprint across the continent - a time when western based investors are pulling out of Africa.

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