Zambeef Products PLC - Zambia-focused cold chain foods and retail business - Enters into ZMW570 million debt facility, around $35 million, with the International Finance Corp to part finance its $100 million investment strategy. IFC is a global development institution that supports economic development via the private sector of developing countries. If additional funding is secured, Zambeef expects to double row cropping capacity at Mpongwe Farm, and boost production effiency and capacity through downstream food value chains.

Current stock price: 8.74 pence, down 5.5% on Monday

12-month change: down 4.3%

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