African agriculture announces multi-year supply agreement with south korea-based holding company dr. kahn

New york, jan. 04, 2024 (globe newswire) -- african agriculture holdings inc. (nasdaq: aagr), (“african agriculture” or “the company”) a pioneering company operating a commercial-scale alfalfa farm in senegal and dedicated to food security for the coming century, today announced a multi-year supply agreement with dr. kahn, a south korea based diversified holding company, for the supply of alfalfa to south korea. under the terms of the agreement, african agriculture will supply up to the entirety of the specific production of the 700 hectares that are currently under development. the supply agreement is expected to contribute to 2024 and 2025 revenue.
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