Zambia’s Poultry Sector Secures $10 Million Boost for Expansion
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British impact investor AgDevCo announced today a US$10 million loan to Zambia’s Hybrid Poultry to finance the construction of a modern abattoir and expand processing capacity. The investment is expected to strengthen Zambia’s poultry value chain, improve food safety standards, and create hundreds of jobs.
Hybrid Poultry, one of Zambia’s largest producers, supplies both domestic and regional markets. The new facility will allow the company to process up to 50,000 birds per day, significantly increasing output. Officials said the project will also support smallholder farmers by providing stable markets for maize and soybeans used in poultry feed.
Analysts believe the investment reflects growing confidence in Zambia’s agribusiness sector, which has shown resilience despite regional climate challenges. The move is also expected to reduce reliance on imported poultry products, boosting Zambia’s food security.
