Tilapia producer Yalelo Ltd has entered into a Memorandum of Understanding with Famsun Co Ltd to supply a turn-key dedicated aquafeed mill in Zambia. The total project investment of USD $6.0 million is expected to create over 75 high quality new jobs.
The facility will have an initial capacity of 25,000 tonnes per annum, that can be expanded to 50,000 tonnes per annum, to meet Yalelo’s own feed requirements along with those of the growing Zambian aquaculture sector. At the center of the mill will be the Famsun MY120 twin-screw extruder with a capacity of 7.5 tonnes per hour and the new 3000 Series Famsun dryer.
Yalelo anticipates delivery of the equipment early in 2016 for completion of commissioning in late 2016.
Mr. Taylor, Yalelo Chairman, commented: “This investment builds on our goal of supporting the Zambian aquaculture value-chain. Reliable supply of high quality aquafeed is necessary for a sustainable sector, including both smallholders and commercial farms. Through the ultra-fine pulverization of raw materials, PLC automated micro-dosing and vacuum liquid coating, this mill should produce the highest quality floating aquafeed in Africa, including the only sub-1.0mm pellets. Combined with Zambia’s increasing volumes of non-GMO soy production the finished product should provide exceptional value to the farmer and ultimately to the end-consumer.”