Malaysian glove maker Top Glove has included Africa as a new growth frontier and is scouting for rubber plantations in a number of countries there.
The proposed move to establish a rubber plantation in Africa is seen as a long term effort by the company to realise its potential on the continent, which offers a big market for rubber gloves and large tracts of rubber plantation land at attractive prices.
Top Glove already exports to most African countries has identified several promising markets there to expand its customer base. The list includes South Africa, Nigeria, Zambia and Kenya.(RJA)