Exclusive: Agri-business firm Abhay Cotex picks minority stake in Afrisian Group's Tanzania project

Abhay Cotex Pvt Ltd (ACPL), a seed processing company located at Jalna, Maharashtra, has taken a minority stake in a greenfield project in Tanzania, to be developed by the Afrisian Group.

The facility, to be based in the port city of Dar-es-salaam, will use ACPL’s technology to process cottonseeds, sunflower seeds and soybeans to produce high quality proteins and edible oils enhanced with biologically active micro-nutrients. It will process about 180,000 tonnes of seeds yearly.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter