During 2010 CBH decided to enter the animal-feed business in Zambia and a Nutri Feeds mill was built just outside Lusaka. This mill would go on to supply the breeding and broiler operations in that country as well as outside customers.
In 2011 CBH finalised a convertible loan with the International Finance Corporation (IFC) to enable further upgrades to some of its existing operations in Africa, as well as to fund new ventures. In 2014 Black River Food Fund (now Proterra Investments) became a shareholder and development partner, and CBH delisted from the JSE. This paved the way for continued growth into Africa, and confidence in CBH’s potential was recognised by the IFC who went on to convert their loan into CBH shares the following year.
During 2010 CBH decided to enter the animal-feed business in Zambia and a Nutri Feeds mill was built just outside Lusaka. This mill would go on to supply the breeding and broiler operations in that country as well as outside customers.
In 2011 CBH finalised a convertible loan with the International Finance Corporation (IFC) to enable further upgrades to some of its existing operations in Africa, as well as to fund new ventures. In 2014 Black River Food Fund (now Proterra Investments) became a shareholder and development partner, and CBH delisted from the JSE. This paved the way for continued growth into Africa, and confidence in CBH’s potential was recognised by the IFC who went on to convert their loan into CBH shares the following year.
With strong support from the Mozambican government, CBH and business partners acquired a local flour and maize mill, which was then refurbished and commissioned during 2015. This operation is known as Escolha Do Povo. In the same year, CBH set its sights on Nigeria and acquired a majority stake in a small operation in Kwara State known as Valentine Chickens. After CBH invested in upgrades, the facilities now include a state-of-the-art hatchery, new broiler and breeder houses, and a refurbished abattoir. CBH has come a long way over the past 20 years and continues to grow, going from strength to strength.
Our achievements demonstrate a strong understanding of the sector, intuition, tenacity, and sustained effort based on solid strategy.
With strong support from the Mozambican government, CBH and business partners acquired a local flour and maize mill, which was then refurbished and commissioned during 2015. This operation is known as Escolha Do Povo. In the same year, CBH set its sights on Nigeria and acquired a majority stake in a small operation in Kwara State known as Valentine Chickens. After CBH invested in upgrades, the facilities now include a state-of-the-art hatchery, new broiler and breeder houses, and a refurbished abattoir. CBH has come a long way over the past 20 years and continues to grow, going from strength to strength.
Our achievements demonstrate a strong understanding of the sector, intuition, tenacity, and sustained effort based on solid strategy.
Our future vision is about expansion into the rest of the continent, and our presence in six African countries to date bears testimony to a strategy in motion. We have a consumer-centric approach in South Africa, where we aim to target the right market segments and customers with the right product, to achieve sustainable and consistent demand via strong brands.
As amplified in our vision, CBH aspires to be the best poultry and animal-feed company in Africa. Key to this goal is a focused investment in assets, systems, financial controls, total quality and most importantly, in people, whom we nurture, develop, and see as our biggest asset.