12 °c
London
Friday, June 2, 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 Africa

Brazilians to invest in Malawi Greenbelt Initiative

FurtherAfrica by FurtherAfrica
September 28, 2017
in Africa, Agriculture, Commodities, Development, Economy, Farming, FDI, Finance, Malawi, Natural Resources, Trade
Reading Time: 2 mins read
909 68
0
Mozambique and Brazil deepen cooperation by signing several agreements
Share via QRWhatsappShare on FacebookShare on TwitterLinkedInPinteresteMail

Costa Negócios, a Brazilian company working in commercial exporting, agribusiness and industrial building, says it plans to invest in the mining and agriculture sectors in Malawi.

Chief Executive Officer responsible for Africa, Danilo Danelucci said this recently on the sidelines of an audience the company had with President Peter Mutharika in New York, USA.

Danelucci said the company would firstly invest in the agriculture sector with the Greenbelt Initiative as its primary target.

“We met with the president to talk about opportunities in Malawi especially the Greenbelt Initiative. Our company likes to empower small scale farmers and we see the Greenbelt as a potential project to develop agriculture in Malawi especially for small scale farms,” Danelucci said.

The company intends to boost the initiative with financial and technical support.

“We are injecting US$50 million as the first tranche towards the project and this will be done within the next four or six months once all the paper work is done,” he said.

In terms of technical support, Costa Negócios will provide equipment and technical staff, according to Danelucci.

“There is what we call a technology package whereby we will be bringing farm equipment for small scale farmers. As you know, Brazil is very good in producing farm machinery and we want Malawians to benefit from this,” he said.

Costa Negócios works in Brazil, Latin America, Africa and Europe. In Africa, the company is largely operating in Angola with other projects in Mozambique and Equatorial Guinea.

Source: Nyasa Times

Related

Tags: agribusinessCosta NegóciosDanilo Daneluccifarm machineryFarmingGreenbeltMalawiMalawi PresidentPeter Mutharikaマラウィ马拉维
ScanSendShare391Tweet244Share68Pin88Send
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

EBC and MultiChoice to strengthen combat of piracy in Ethiopia

by FurtherAfrica
June 2, 2023
Ethiopia energy access
Energy

South Africa private companies to add 4Gw to grid by end 2024

by FurtherAfrica
June 2, 2023
Guidelines for PanAfrican payments and settlement system in Nigeria
Energy

TotalEnergies renews production license for Nigeria’s deep offshore block

by Energy Capital & Power
June 2, 2023
Venture Capital

South African digital bank Tyme raises US$77.8M

by TechGist Africa
June 2, 2023
Banking

AfDB appoints Richard Kwaku Ofori-Mante acting director of the agricultural finance and rural development dept

by Fabio Scala
June 2, 2023
Platform Africa 2023
 
Mozambique eVisa
 
MozParks
 

Translate this page

Read the Latest

Economy

EBC and MultiChoice to strengthen combat of piracy in Ethiopia

by FurtherAfrica
June 2, 2023
0

MultiChoice Africa Holdings B.V (MAH) and the Ethiopian Broadcasting Corporation (EBC) have announced today a new cooperation agreement in the...

Read more
Ethiopia energy access

South Africa private companies to add 4Gw to grid by end 2024

June 2, 2023
Guidelines for PanAfrican payments and settlement system in Nigeria

TotalEnergies renews production license for Nigeria’s deep offshore block

June 2, 2023

South African digital bank Tyme raises US$77.8M

June 2, 2023

AfDB appoints Richard Kwaku Ofori-Mante acting director of the agricultural finance and rural development dept

June 2, 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 107,193 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?