News

Malawi: New agric project seeks improved food productivity

Last updated on September 11th, 2021 at 03:07 pm

Malawi President Peter Mutharika has launched a $95 million Agriculture Commercialization (AGCOM) project which seeks to improve productivity and diversify both food and export base of the country for a period of six years from 2020 to 2025.Speaking during the launch of a project in the capital Lilongwe on Friday, the president said the program will transform the agricultural smallholder sub sector from currently subsistence to commercial orientation.
“The project is a game changer for our country because it will totally transform a large number of people mainly in the rural areas. Empowering the communities with agriculture commercialization is a major step in the development if this nation,” he said.
He advised communities to begin to industrialize by creating wealth and jobs for themselves using the programs in order to take Malawi from poverty to prosperity.
The president said through the project farmers in organized associations will have access to financing, well structured markets and improved feeder roads.
Minister of Agriculture, Irrigation and Water Development, Kondwani Nankhumwa said the project will increase commercialization of agricultural value chain products of farms and agribusiness.
“Producers under the project will strictly be producing for markets with clear understanding of the market’s quality demands and ready off- takers to absorb what is produced.
The project will build smallholder associations into vibrant cooperatives in order to establish and enforce business mindset, he said.
However, he said, by the end of the project, at least 300 productive alliances will be established and plan to graduate over 600,000 small and medium scale farmers.

Albert Echetah

Recent Posts

Protesters Demand Wealthy NationsPay Fair Share in Climate Finance amidCOP29

This Thursday morning, some fifty protesters gathered at the COP29 venue's gate, calling onrich countries to fulfill their financial pledges…

November 14, 2024

International Day for Tolerance – UAE is “Home for all” and a “beacon of Tolerance”

The United Arab Emirates (UAE) has always been considered an important player in the international business environment. But beyond the…

November 14, 2024

Trump chooses Elon Musk to head government efficiency department

Billionaire tech entrepreneur Musk, who has called for major spending cuts, has been chosen alongside biotech investor Vivek Ramaswamy to…

November 13, 2024

10 Must-Try African Dishes

African cuisine is a delightful combination of flavors, colors, and interlocking textures owing to the variety of cultures and areas.…

November 13, 2024

Somaliland Holds Elections, Reaffirming Self-Declared Independence

Somaliland voters came to the polls on Wednesday to elect a president as the breakaway Somali region seeks international recognition…

November 13, 2024

The 2025 Champions Trophy could be moved to South Africa if Pakistanrejects ICC conditions

The ICC Champions Trophy 2025 could be moved to South Africa if the Pakistan CricketBoard (PCB) rejects the hybrid model,…

November 12, 2024

This website uses cookies.