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Livestock Wealth says it plans to plant one million banana trees in KwaZulu Natal by 2030 and is seeking nearly R1.5 billion from investors.
Livestock Wealth has announced plans to plant one million banana trees in KwaZulu Natal by 2030. The company is seeking nearly R1.5 billion from investors to fund the plan.
Livestock Wealth says the proposed investment costs R1,495 per tree. According to Moneyweb, the company is advertising an annualised return of nearly 12.6% over eight years.
The pitch is structured around individual trees, meaning investors fund a specific number of banana trees rather than buying shares in the company.
The plan highlights how some South African firms are using product-style investment offers to raise capital for agriculture projects. For investors, the headline numbers, including the per-tree cost and projected annualised return, are likely to drive interest and scrutiny.
For the wider ecosystem, this is also a reminder that fintech-style marketing and structured returns are increasingly showing up in sectors outside traditional software, including farming and alternative assets.
Primary Source: Moneyweb
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