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Zambia Forestry and Forest Industries Corporation (ZAFFICO)

Shareholding:

IDC 62.88%

About

Zambia Forestry and Forest Industries Corporation PLC (ZAFFICO) is the country’s largest exotic forestry company whose main business objective is to establish and manage pine and eucalyptus plantations and to harvest and commercially process timber for supply to the local and foreign markets. It was incorporated in September 1982. Currently, ZAFFICO manages 51,659 hectares of pine, eucalyptus and gmelina plantations located on the Copperbelt, Luapula, Muchinga, Northern and North-Western Provinces.