AreaZimbabwe

Commodity GroupOilseeds, oils and meals

CommodityOilseeds, soybeans

Date01/07/2017

Policy CategoryProduction

Policy InstrumentSector development measures

DescriptionConsidered launching, jointly with the private sector, a loan facility to support local oilseed farmers, with a view to stimulate domestic production, especially of soy.

NotesAccording to media reports, the Government of Zimbabwe is planning to launch – with support from the private sector – a loan facility to support the country’s oilseed farmers in a bid to stimulate domestic production, especially of soy. Funding would be directed primarily to irrigation infrastructure and farmer purchases of seeds, fertilizers and pesticides. Reportedly, the country’s oilseed producers’ association already identified farmers willing to sow a total of 60 000 hectares in the forthcoming season.