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Zambia Forestry and Forest Industries Corporation (ZAFFICO)

Objective:

Establishment and maintenance of timber plantation.

Shareholding:

IDC 100%

About

Zambia Forestry and Forest Industries Corporation Limited (ZAFFICO) is a State Owned Enterprise (SOE) and a member of the Industrial Development Corporation (IDC) Group, which was incorporated under the Companies Act CAP 388 of the Laws of Zambia for the purpose of developing and maintaining of pine and eucalyptus plantations and for the harvesting and commercial processing of timber to supply timber to the local and foreign market. The Corporation was incorporated in September 1982 following the commercialisation of the Industrial Plantations Division of the Forestry Department.

The history of industrial plantations goes back to the early 1930s when trial plots of various species, mainly pine and later eucalyptus, were established in many parts of the country, as it was realised that in the long term the indigenous forest resources would not meet the country’s timber requirements because of poor regeneration, slow growth rates, long gestation periods and lower productivity per unit area. Encouraged by the results from the species trials, large-scale planting of pine started at Chichele, near Ndola, and was, in subsequent years, extended to Chati. In addition to the Government’s own funds, two World Bank loans (in 1968 and 1978), supplemented by a grant from the Commonwealth Development Corporation, helped develop plantations of pine and eucalyptus covering an area of over 50,000 hectares spread over the Copperbelt Province in Ndola, Kalulushi, Chingola, Lufwanyama, Mufulira and Kitwe. In order to meet the growing demand for timber, the Corporation has commenced the plantation expansion programme in Kawambwa and Shiwangandu Districts of Luapula and Muchinga Provinces respectively. Currently, ZAFFICO has about 50,000 hectares of pine and eucalyptus plantations located on the Copperbelt, Luapula and Muchinga Provinces.