EIB approves US$35.7m loan for clean water supply in Malawi

MALAWI – The European Investment Bank (EIB) has approved $35.7 million loan to extend the drinking water network in southern Malawi. The project is to be implemented by the state-owned Southern Region Water Board (SRWB). The soft loan is to be repaid over 20 years with a grace period of 5 years. The EIB funding is for the extension of the drinking water network in the southern region of Malawi, particularly in Balaka and Liwonde. According to the SRWB, part of the funding will be used for the development of…

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Castle Malawi debuts new beer brand Doppel Munich

MALAWI– Castel Malawi, leading producer and distributor of alcoholic and non-alcoholic beverages in the South African country has launched a new brand of beer on the market known as Doppel Munich. Castel Malawi Managing Director Herve Milhade described the new beer as very tasty, very strong and very unique, introduced in the market to address consumer needs. “This new beer on the market will surely provide a great experience to our consumers,” he said The company’s manager for alcoholic beverages Stanley Chiyola said they have introduced Doppel to bring variety…

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ITFC, OCP Africa partner to build Côte d’Ivoire’s rice value chain, Malawi government plans US$40m rice scheme

CÔTE D’IVOIRE – The International Islamic Trade Finance Corporation (ITFC) has partnered with OCP Africa to support 20,000 rice farmers in Côte d’Ivoire’s agriculture value chain, to boost local agricultural production, minimize exposure to imports and advance food security in the country. The initiative will be undertaken trough OCP Africa’s Agribooster Program with participation from the Arab Africa Trade Bridges (AATB) Program, a multi-partner program led by ITFC. The agreement was signed by Dr. Mohamed Anouar Jamali, Chief Executive Officer of OCP Africa, a subsidiary of OCP Group, and Eng.…

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Malawi’s agriculture sector prevailed COVID-19 headwinds registering 6.6% growth

MALAWI – The agriculture sector of Malawi has reported a 6.6% jump in the fourth quarter of 2020, a rise from 4.3% achieved in 2019. According to the latest report by Reserve Bank of Malawi (RBM), the rise is attributed to high maize, rice and cotton output following favourable weather conditions and increased input uptake. Explaining the sector growth, agriculture policy development analyst Tamani Nkhono-Mvula said agriculture is seasonal and is predominantly subsistence with little linkage to the international market except for a few value chains such as tea. “As…

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Government of Ireland supports WFP in establishment of National Nutrition Centre of Excellence in Malawi

MALAWI – The government of Ireland has joined the United Nations World Food Programme (WFP) in fight against malnutrition in Malawi, contributing EUR 550,000 (US$600,000). The contribution, according to WFP will be used to promote access to quality nutrition and health services targeting 30,000 malnourished children, adolescents, and women. Its focus will be on maternal, infant and child nutrition to reduce stunting and micronutrient deficiencies. The backing will also be used to provide technical support to the Government of Malawi in establishing a National Nutrition Centre of Excellence. The centre…

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Malawian dairy processing start-up Mzuzu Dairy doubles out-put with new machinery

MALAWI – Mzuzu Dairy Limited, a milk processing start-up in Malawi has invested K75 million (US$97,200) in new machinery aimed to double its output and increase market access by dairy farmers. According to reports by The Nation Malawi, the company’s processing capacity will increase to 5,000 litres per day from 2,500 litres. To this end the facility will need more raw material providing a direct market to over 5,000 dairy farmers a rise from 2,000 farmers. “Since we started the production in November 2019, the demand for our products has…

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The OPEC Fund boosts sustainable agriculture in Malawi with US$20m development loan

MALAWI – The OPEC Fund for International Development (the OPEC Fund) has signed a US$20 million development loan agreement with Malawi to improve the livelihoods of around 1.3 million people living in rural areas. The financing will support the ‘Transforming Agriculture through Diversification and Entrepreneurship’ program, aligning with Sustainable Development Goal 2 on food security, improved nutrition, and sustainable agriculture. The objective of the program is to strengthen value chains and improve the resilience and capacity of Malawi’s smallholder farmers and rural organizations. The program will provide better infrastructure, including…

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USAID, TechnoServe, Partners in Food Solutions launch food processing program in Malawi

MALAWI – Partners in Food Solutions, comprised of a consortium of world-class food industry companies has collaborated with non-profit organization, TechnoServe and the U.S. Agency for International Development to introduce the Alliance for Inclusive and Nutritious Food Processing (AINFP) in Malawi. The program, according to TechnoServe has a backing of US$1 million and is aimed to provide tailored technical advice, sector-wide training, and improved access to finance for Malawian food processing firms. It is a three-year project aimed to help food processors to weather the COVID-19 crisis, improve the quality…

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Malawi to start supply of high-value vegetables from SADC’s largest greenhouse facility

MALAWI – Malawi is set to commence supply of horticultural produce to both local and export markets from its newly established green-house project. The project is a joint venture between the government agency, Green Belt Authority and global Israeli investment company, Inosselia Agro, under the Public Private Partnership (PPP). According to the project design, the vegetable farm will comprise of 16 green houses, each covering 1 hectare, on land that has been leased out on long-term basis by Airport Development Limited (ADL). So far, tonnes of produce of tomatoes, cucumbers,…

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Castle Malawi partners with UK based firm Jacobs and Wells to export its iconic gin to Europe

MALAWI – Castel Malawi, leading producer and distributor of alcoholic and non-alcoholic beverages in Malawi has entered into a partnership agreement with a United Kingdom based firm Jacobs and Wells to enable the company export some of its products to Europe. Under the deal, the main product to be marketed is its Malawi Gin. According to reports by The Nation Malawi, this will create more market for the company’s other products such as Malawi vodka and Premier brandy having the potential to compete fairly with other international brands across Africa…

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