GOVERNMENT says it needs over US$100 million to establish a one million hectare forestry project along the Lobito Corridor. The project, which is being developed in partnership with the World Bank, is expected to create jobs, promote local timber production and strengthen value addition in the forestry sector. Ministry of Green Economy and Environment Permanent Secretary Douty Chibamba says government is mobilising resources from different contributors to support the project, with preliminary activities expected to commence in January 2027. Speaking during a visit to ZAFFICO’s operations, where the delegation assessed the company’s forestry and timber-processing capacity, Wednesday, Chibamba said governmnet wanted rural communities along the corridor to directly benefit from the initiative. “So one of the challenges I think ZAFFICO...

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