See also: » 07.01.2011 - Record Zimbabwe debts to Equatorial Guinea » 29.11.2010 - US was against Zim unity govt » 17.11.2010 - Zim diamond certification scandal revealed » 13.10.2010 - Zimbabwe war of appointments » 07.10.2010 - Chiefs, army, farmers "plotting Mugabe victory" » 28.05.2010 - Zimbabwe talks dragging on » 22.04.2010 - Zimbabwe spilt over Iran ties » 15.04.2010 - Laws are made to work, not to be shelved, Mugabe Houlihan's coupons

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afrol News, 16 November - Zimbabwe has made history for hosting Africa's first-ever biofuel factory. The factory, the fifth in the world, was inaugurated in Transload, 15 km North of the capital Harare.

Built by a conglomerate of Zimbabwean and South Korean companies, the biofuel factory is billed to produce 100 million liters of bio-diesel a year. It will extract bio-diesel from processing wheat, soy and sunflower.

A successful operations of the factory will save Zimbabwe to not only forgo fuel importation, but it will also save about US $80 million annually.

The development comes at time Zimbabwe is battling with political and economic crisis caused by international sanctions.

However, the Zimbabwean President Robert Mugabe hailed the inauguration of the factory.

"We have shown that the sanctions imposed against innocent people shall not weaken our resistance and desire to remain standing,” confident Mugabe said. He was optimistic that Zimbabwean "economy shall soon give the fruits of the seeds of progress that we have spread in all sectors of production."

By staff writer

© afrol News

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