Locations
Tanzania · Uganda · Dar es Salaam, Tanzania
industry
Renewables & Environment · Sustainability
Size
51-200 employees
Stage
Other
founded in
1995
Green Resources (GR) is Africa’s largest forestation company and a leader in East African wood manufacturing. The company has 45,000 ha of standing forest in Mozambique, Tanzania, and Uganda, established through its own planting activities. It operates East Africa’s largest sawmill in Tanzania and electricity pole and charcoal plants in Mozambique, Tanzania, and Uganda. It is also one of the first companies globally to receive carbon revenue from its plantation forests. GR was established in 1995 and is a private Norwegian company with 80 shareholders. It employs 3,500 people as well as engaging numerous contractors and suppliers. The companies making up GR have invested close to USD 300 million of equity in its African operations. GR aims to serve the growing regional and global demand for wood products. Its strategy is based on growing wood for both traditional uses and the growing bio-chemical and energy sectors. GR is a leader in carbon finance with four validated reforestation projects.
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