Green Fuel to construct new ethanol plant in Zambia

Green Fuel is setting up an ethanol project in Zambia, which will see the company build a $500-million facility.

The biodiesel processor supplier entered into a partnership with the Development Trust of Zimbabwe (DTZ) resulting in the creation of a company called Zimbabwe Bio-Energy in 2008.

It is this company that will implement the ethanol project.

The move comes after the company was left frustrated after its plans to build up a second plant in the province's Nuanetsi Ranch in Mwenezi district stalled after the government re-settled victims of the Tokwe-Murkosi dam flooding on land set aside for the sugarcane production.