12 °c
London
Thursday, June 8, 2023
No Result
View All Result
FurtherAfrica
  • Countries
    • Angola
    • Botswana
    • Cape Verde
    • DRC
    • Eswatini
    • Ethiopia
    • Kenya
    • Malawi
    • Mauritius
    • Mozambique
    • Namibia
    • Nigeria
    • Rwanda
    • South Africa
    • Tanzania
    • Uganda
    • Zambia
    • Zimbabwe
  • Interviews
  • Understanding
  • Videos
  • Travel
  • Weekend
  • About
FurtherAfrica
  • Countries
    • Angola
    • Botswana
    • Cape Verde
    • DRC
    • Eswatini
    • Ethiopia
    • Kenya
    • Malawi
    • Mauritius
    • Mozambique
    • Namibia
    • Nigeria
    • Rwanda
    • South Africa
    • Tanzania
    • Uganda
    • Zambia
    • Zimbabwe
  • Interviews
  • Understanding
  • Videos
  • Travel
  • Weekend
  • About
No Result
View All Result
FurtherAfrica
No Result
View All Result
Home Agriculture

Malawi to have largest rice factory in Southern Africa

FurtherAfrica by FurtherAfrica
November 11, 2015
in Agriculture, Economy, FDI, Malawi, Natural Resources
Reading Time: 1 min read
1.2k 12
0
Share via QRWhatsappShare on FacebookShare on TwitterLinkedInPinteresteMail

Malawi is set to have the largest rice factory in southern Africa country in Nkhotakota district as one way of increasing exports from this country.

The multimillion rice factory at Mpamatha in Nkhotakota will ready for its operations soon as the construction at site it is at an advanced stage.

The factory courtesy of Mtalimanja Holdings Limited (MHL) will help 10,000 small scale farmers in Malawi in production of quality rice.

MHL managing director David Kamchacha said the factory will also help to offer employment opportunities to locals around Mpamatha.

“The factory is almost ready,soon will be having tests to our machines and we hope that operations will begin very shortly”

This factory will be the largest in Southern Africa countries and we hope that will be able to help in generation of foreign currency through exports”

“If we can be producing 100,000 metric tonnes of rice and be managing to export 800,000 metric tonnes we can be generating forex amount to 480 million dollars per year” said Kamchacha.

Earlier, Japanese Ambassador Shuichiro Nishioka said Malawi has best quality rice in the world and there is need to produce it in huge quantities because it can easily be exported.

“If I was asked to offer advice on what crop that can do well apart from tobacco, I would say that Malawi rice is very good. What is needed is just to increase production and then markets can be found outside” said Nishioka.

The factory has since assured farmers a chance to get a ready market for their rice and better prices of their product.

Source: Malawi24

Related

Tags: CropfactoryjapanMalawiMHLMpamathaMtalimanja Holdings LimitedNkhotakotariceShuichiro Nishiokaマラウィ投資米
ScanSendShare495Tweet310Share87Pin111Send
FurtherAfrica

FurtherAfrica

Founded in 2015 FurtherAfrica is an online platform centralising news and content focusing on the development and growth story of the African continent.

Related Posts

Economy

Ethiopia and Brazil keen to strengthen bilateral ties

by FurtherAfrica
June 8, 2023
Angola Portugal double taxation
Economy

Portugal announces new credit line for Angola

by FurtherAfrica
June 8, 2023
Energy

Eni bets on agri-business in Africa to expand biofuel production

by FurtherAfrica
June 8, 2023
Economy

Zimbabweans drive stocks up 600% in rush to dodge currency crash

by FurtherAfrica
June 8, 2023
Agriculture

Swiss biological agricultural product manufacturer sets up office in Kenya

by Farmers Review Africa
June 7, 2023
Platform Africa 2023
 
Mozambique eVisa
 
MozParks
 

Translate this page

Read the Latest

Economy

Ethiopia and Brazil keen to strengthen bilateral ties

by FurtherAfrica
June 8, 2023
0

The governments of Ethiopia and Brazil have reaffirmed their commitments to further enhance the longstanding bilateral and diplomatic relations, according...

Read more

Uganda fintech startup Zofi Cash receives US$1M pre-seed

June 8, 2023
Angola Portugal double taxation

Portugal announces new credit line for Angola

June 8, 2023

Eni bets on agri-business in Africa to expand biofuel production

June 8, 2023

Zimbabweans drive stocks up 600% in rush to dodge currency crash

June 8, 2023

FurtherAfrica Partners Network

The Exchange Farmers Review Africa 360 Mozambique
TechGist Africa Energy Capital & Power Club of Mozambique
Taarifa Rwanda Web3Africa See Africa Today
Africa Global Funds Novafrica CrudeMix Africa
Harambee Africa Botswana unplugged Financial Insights Zambia
O Económico Digilogic Africa  

Subscribe to FurtherAfrica

Enter your email address to receive new articles on your email.

Join 107,190 other subscribers.
FurtherAfrica

© 2021 FurtherMarkets

FurtherAfrica is a FurtherMarkets Limited platform

  • Countries
  • Interviews
  • Understanding
  • Videos
  • Travel
  • Weekend
  • About

Follow Us

No Result
View All Result
  • Countries
    • Angola
    • Botswana
    • Cape Verde
    • DRC
    • Eswatini
    • Ethiopia
    • Kenya
    • Malawi
    • Mauritius
    • Mozambique
    • Namibia
    • Nigeria
    • Rwanda
    • South Africa
    • Tanzania
    • Uganda
    • Zambia
    • Zimbabwe
  • Interviews
  • Understanding
  • Videos
  • Travel
  • Weekend
  • About

© 2021 FurtherMarkets

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?