Phatisa and partners acquire Malawian agricultural solutions provider

MALAWI – Phatisa Food Fund 2 (PFF 2) and a group of co-investors, Norfund, Mbuyu Capital and DEG have acquired Southern African integrated agricultural solutions provider, Farming and Engineering Services Limited (FES). FES, established in Malawi in 1967, caters for a broad customer base of commercial and emerging farmers. The investment will support FES’s long term growth strategy, assisting the company to expand its successful business model to neighbouring countries. Mike Aldworth, Group Managing Director of FES, commenting on the acquisition stated, “This transaction is a vote of confidence in…

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Malawi partners global investment firm to develop SADC’s largest greenhouse facility

MALAWI – Malawi is set to develop the largest greenhouse vegetable farm in the Southern Africa Development Community (SADC) region at Kamuzu International Airport in Lilongwe. The project is a joint venture between the government agency, Green Belt Authority and global investment company, Inosselia Agro. The vegetable farm will comprise of 16 green houses, each covering 1 hectare, set up on a 30 hectares of land that has been leased out on long-term by Airport Development Limited (ADL). It will provide a wide range of high quality vegetables to Malawi…

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Chibuku demands US$21m from National Breweries over infringement of trademark rights

MALAWI – Chibuku Products Limited Malawi (CPL) is demanding US$21 million (about K15.5 billion) from Zambia’s leading brewer National Breweries plc (NB) for breach of trademark rights and loss of business on its bottled opaque beer, Chibuku Super. Through their lawyer Ritz Attorneys, CPL, brewers of the country’s popular commercial sorghum beer opaque beer, Chibuku Shake Shake, is demanding the aggravated sum from the Zambian company for allegedly allowing the distribution and sale of its Chibuku Super in Malawi. Both CPL and NB produce, distribute and sell Chibuku Super but…

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Malawi launches US$95m Agriculture Commercialization Project

MALAWI – The President of Malawi has officially launched the Agriculture Commercialization Project (AGCOM) worth US$95 million with financing from the World Bank. The project which is set to run for six years nation-wide, will be implemented by the Ministry of Agriculture, Irrigation and Water. President Peter Mutharika said AGCOM is aimed to transform the agricultural smallholder sub-sector from subsistence to commercial orientation. Through the project, farmers will be organized in associations that will enable them to have access to financing, well-structured markets and improved feeder roads. “Malawi is now…

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Kenyan agri-tech startup Farmshine to expand to Malawi after successfully raising funding

KENYA – Kenyan agri-tech startup Farmshine expects to begin a partnership with a large development project in Malawi as it starts to expand in the wake of securing funding, reports Disrupt Africa. Farmshine operates a global agriculture platform where farmers, buyers and service providers can trade on mutually beneficial terms. Its agriculture operating system enables smallholder farmers to aggregate and sell their harvests directly to large commodity companies. Combined with on-the-ground support from Farmshine’s field officers, the mobile app ensures that farmers are offered clear, fair and reliable contracts from…

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Malawi Agricultural and Industrial Investment Corporation launched

MALAWI – The newly established Malawi Agricultural and Industrial Investment Corporation (MAIIC) is now in full force to drive private sector led economic development in the country. MAIIC chief executive officer, Taziona Chaponda said during the event that robust private sector is vital for the development of any country. He said the institution, operating under a Public Private Partnership (PPP) model, will work closely with businesses to build their capacity to better articulate their business plans and work with the commercial banks in ensuring economic gains. “The establishment of MAIIC…

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Castel Malawi relaunches Sobo Squash following lift of ban on use of tartrazine

MALAWI – Castel Malawi Group, a leading producer and distributor of alcoholic and non-alcoholic beverages in Malawi has relaunched Sobo Orange Squash drink into the market. Castel Malawi Managing Director Horve Milhade said he is delighted that the product is finally back on the market, “I have to assume that our obsession every single day is to bring happiness to our customers.” The relaunch follows the lift of ban of use of food additive tartrazine in production of beverages by Malawi Bureau of Standards (MBS) last month. The ban on…

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Malawi launches four-year strategic plan to transform agricultural sector

MALAWI – The Malawi Civil Society Agriculture Network (CISANET) launched a new agriculture strategic plan 2019 – 2023 under the theme “Together for a vibrant agriculture.” The plan aims to transform and assist farmers on access to markets, livestock development, nutrition friendly and resilient agriculture sector working towards evidence based, result focused, accountable and impactful network. According to CISANET National Director, Pamela Kuwali, “The strategic plan will guide the definition of the theme, areas of focus and allocation of financial, human and leadership sources.” “The development of strategic plans applies…

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Malawi receives US$4.4m boost from Norway to strengthen agricultural research

MALAWI – The Norwegian Government acting through the Ministry of Foreign Affairs has injected an additional US$4.4 million (about K3.2 billion) towards the Malawi Second Agriculture Sector Wide Approach Support Project (ASWAp SP II). The funds administered by the World Bank Multi-Donor Trust Fund is aimed to strengthen extension and research services of Malawi’s Agriculture sector. Norwegian Ambassador to Malawi, Steinar Hagen said, “It is Important to strengthen the government system, including sectors related to policy, extension and research, and at the same time, reach out to the small-scale farmers…

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Malawi Bureau of Standards lifts ban on the use of tartrazine as a food additive

MALAWI – Malawi Bureau of Standards (MBS) has lifted the ban on the use of food additive tartrazine that was being used in production of beverages such as squashes, cordials and other flavoured drinks. The ban on the use of the food additive was effected last year 2018 when the standard body took a note of some companies using it following raised concerns by consumers. This led to laboratory tests conducted on the products and in turn the production companies were forced to halt operations and withdraw their products from…

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