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Labrish
Nyuuz
Seed Co posts US$71.2 million revenue as volumes climb 52 percent
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[QUOTE="Munyaradzi Mafaro, post: 49727, member: 636"] Seed Co Limited crushed expectations during 2025 as the African agriculture giant nearly doubled its money to 71.2 million dollars. The company sold 52 percent more seeds compared to last year with maize sales jumping 91 percent and soybean sales climbing 59 percent. Most of their cash comes from US dollar sales and exports rather than government deals. Research experts say the firm sits perfectly positioned to ride Africa's growing food crisis and seed shortages. The company keeps expanding across the continent with new stores and export partnerships. Chief executive Morgan Nzwere told investors the company wants to spread its research labs across Africa instead of keeping everything based at home. The seed maker plans to build new rice and yellow maize breeding stations across West Africa. Teams recently launched several new crop varieties across Malawi, Nigeria and Kenya to meet local farmer demands. The company also rolled out wheat and sunflower seeds for Nigerian and Tanzanian farmers as these markets heat up. Nzwere believes spreading research operations helps create seeds that work better outside Zimbabwe. Weather experts predict good rains ahead after last year's terrible drought damaged crops across southern Africa. The La Nina weather pattern should bring normal rainfall from February through June 2025 according to regional forecasters. Better weather means farmers will buy more seeds for planting season ahead. However, flooding risks and currency problems could still hurt sales across countries like Malawi. Seed Co expects to keep growing as it moves into Ethiopia and Tanzania with drought-resistant seed varieties. [/QUOTE]
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Nyuuz
Seed Co posts US$71.2 million revenue as volumes climb 52 percent
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