Mozambique: Investors are reviving the rice cultivation chain in the Limpopo Irrigation Scheme

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Mozambique: Investors are reviving the rice cultivation chain in the Limpopo Irrigation Scheme

10:11 CAT | 16 Apr 2024

File Photo: Celso Ismael Correia on Facebook

The influx of more investors into the rice value chain is bringing new dynamics to the production of this cereal in the Limpopo Irrigation Scheme, in the Gaza province.

Indeed, competition for Limpopo rice is also boosting prices, which tend to appreciate to the satisfaction of producers, who in previous campaigns incurred losses due to a lack of market.

In the 2022/2023 agricultural campaign, more than six thousand tons remained stored in the producers’ warehouses in Chókwè, at risk of deteriorating due to a lack of commercial agreements.

Following an agreement reached between producers, processors, and the Regadio do Baixo Limpopo company, this campaign rice is being sold at 17.5 meticais per kilogram, in Xai-Xai and Chókwè. In the Chókwè district, marketing will be ensured, starting this year, by the Jampur Group, a Saudi capital investor, which is operationalizing the Chókwè Agro-Industrial Complex (CAIC), intervening in the production chain of cereals, vegetables, poultry, as well as footwear and field uniforms.

Source: Noticias