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Home Companies Agriculture

SilverStreet Capital achieves record table grape harvest in Namibia

by editor
January 2, 2025
in Agriculture
7
A A

SilverStreet Capital LLP, through its subsidiary Silverlands Vineyards (SVL), has concluded its largest-ever table grape harvest in Aussenkehr, southern Namibia.

The company packed a record 2.7 million cartons of 4.5 kilograms each, marking a 20% increase compared to the same period last year.

Gary Vaughan-Smith, Chief Investment Officer at SilverStreet Capital, highlighted the scale of the operation, which involved shipping approximately 870 containers of grapes over just seven weeks.

“This averages about 18 containers per day. It was a very intense operation, and full credit goes to the team of 4,000 people on the ground who made this happen,” he said.

The harvested grapes he said ,are transported via trucks to Cape Town for export to European markets.

Silverlands Vineyards, located in the Aussenkehr area along the Orange River, is recognized as one of the world’s premier regions for growing table grapes and date palms due to its advantageous early harvest season.

Silverlands Vineyards manages nearly 700 hectares of planted vineyards and 240 hectares of dates.

The operation is part of SilverStreet Capital’s broader African agricultural investments.

The UK and Africa-based investment advisor manages funds focused on agriculture across the continent.

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Tags: agricultureGary Vaughan-SmithgrapesSilverlands VineyardsSilverStreet Capitaltable grapes
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