China-Africa Cotton Development Limited
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China-Africa Cotton Development Limited Employees
China-Africa Cotton Development Limited Details
Established in 2009, China-Africa Cotton Development Ltd ("Company") is registered in HK and joint-ventured by China-Africa Development Fund, Qingdao Ruichang Cotton Industrial Co., Ltd and Qingdao Huifu Textile Co., Ltd, with a plan to invest about 64.72 million US dollars, and actual investment of $59.68 million US dollars as of today. As the parent company, China-Africa Cotton invests in many projects in various African countries, including Malawi, Mozambique, Zambia, Zimbabwe, Company focuses on seed researching, plantation, cotton purchasing and processing, cotton seed oil processing and textile making, etc. With "corporation & farmers" model, Company is a Chinese enterprise which directly conducts contracted planting, cotton purchasing and processing in Africa.China-Africa Cotton is committed to invest and develop the African agriculture industry. The company has established 7 ginneries and 2cotton seed oil extracting mills and one special seed plant in Africa. With an annual purchase of 100,000 metric tons of seed cotton, Company utilizes thousands of hectares of land and benefits 200,000 local farmers with direct hire of 1,800 local employees. The company wins high praise from both the Chinese government and host governments, for her contribution to development of cotton industry and creation of employment opportunities in their countries.With great support of China Development Bank, the company managers, together with all employees, will continue to contribute to the development of African agriculture in the coming days.
China-Africa Cotton Development Limited Technologies
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