Mozambique's largest bank opens "innovation branch"
The British-owned company Mozbife, based in the central Mozambican province of Manica, plans to begin exporting meat to Europe this year, reports the independent television station STV.
Mozbife breeds cattle and goats. Currently it supplies the Mozambican domestic market and China. Its expansion plans target first the South African market, and then the European Union.
Mozbife supervisor Frederico Rebelo told STV that the exports to China are exclusively of hides. To date the meat has been sold solely within Mozambique, but the company plans to change this with investments in new equipment, and in improving the quality of the final product.
“In the processing and preservation of the meat, we are guaranteeing observation of the recommended temperatures”, said Rebelo. “We prepare various cuts of meat, and other derivatives, such as sausages and hamburgers”.
On average, Mozbife slaughters 250 head of cattle a week, which provides 45 tonnes of meat. Mozbife purchases the cattle on the Mozambican market, mostly from livestock farmers in Manica.Source: AIM