Zambia marked a major industrial milestone this morning with the commissioning of Trade Kings Group’s first-ever glucose and starch manufacturing plant in Lusaka’s Multi-Facility Economic Zone (MFEZ). The USD 110 million facility positions Zambia as the third producer of glucose and starch in Africa, following Egypt and South Africa.
The plant is set to create over 1,000 direct jobs for Zambian citizens, strengthening local employment and skills development. It also promises significant opportunities for farmers, as it will source approximately 126,000 tons of maize grain annually from local producers. This supports value addition in the agribusiness sector and encourages sustainable farming practices.
President Hakainde Hichilema emphasized the government’s commitment to improving the business operating environment to attract further investment and generate more jobs. He noted that additional projects are planned across the country, signaling continued growth in industrial and economic development.
The Trade Kings Group facility is expected to boost Zambia’s industrial capacity, strengthen the agricultural value chain, and enhance the country’s position in the regional market for glucose and starch products.