Categories: AfricaEconomySelected

Iran Eyes Investment in Zimbabwe Ostrich Breeding

Zimbabwe’s Small to Medium Enterprises and Cooperative Development Minister Sithembiso Nyoni said on Tuesday that Iran has expressed interest in partnering in a project to breed up to 2,000 ostriches in the African country.

“Recently, I was in Iran where I met an investor who’s keen to venture into a partnership to breed ostriches here (Zimbabwe). The investor has indicated that he is prepared to bring in about 2,000 ostriches into the country,” said Nyoni as cited by Chronicle on Tuesday.

It is believed that Zimbabwe is losing about $9 million in potential ostrich exports due to the collapse of the industry over the last decade owing to economic challenges and disease outbreak.

“In the past, Zimbabwean farmers used to produce about 30,000 ostriches per year,” she added.

At present, Zimbabwe’s ostrich population has drastically dwindled with a few birds being kept in private wildlife parks.

 

Emad Askarieh

Emad Askarieh has worked as a journalist since 2002. The main focus of his work is foreign policy and world diplomacy. He started his career at Iran Front Page Media Group, and is currently serving as the World Editor and the Vice-President for Executive Affairs at the Iran Front Page (IFP) news website.

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