Mozambique: IFAD promises 150 million dollars over five years - AIM
Mozambican Prime Minister Carlos Agostinho do Rosario on Thursday expressed satisfaction at how businesses in the northern province of Nampula are responding to calls for increased production particularly in agriculture and food processing.
Speaking during a visit to a maize processing unit in the Natikire neighbourhood, in Nampula City, Rosario said such businesses “are contributing to the value chain and to the creation of more jobs. You are to be congratulated because you are boosting agriculture, through agro-processing. You are making money, but you are also developing Mozambique”.
This factory, Rajan Export Mocambique Lda., employs 55 workers and can process 100 tonnes of maize a day. However, it is not working at full capacity and currently processes 20 to 30 tonnes a day. It began operating in 2013, with investments of around two million US dollars.
Also on Thursday, Rosario visited the company Mozambique Fresh Eggs (MFE), in Rapale district, an egg production company, with American capital of over 26 million meticais (about 426,000 US dollars, at current exchange rates).
In a brief meeting with some of MFE’s 60 workers, the Prime Minister said “We have to collaborate to attract more investments. If there are any problems, let us solve them peacefully, through dialogue with the employers, so that there can be further investment”.
This company expects to produce about ten million eggs this year, a figure which should rise to 15 million in 2018.
On Friday, Rosario was scheduled to visit Monapo district, where he will continue his visits to productive units.Source: AIM
Export of unprocessed cashew banned