{"id":19695,"date":"2022-04-03T18:52:08","date_gmt":"2022-04-03T18:52:08","guid":{"rendered":"https:\/\/www.africa-press.net\/malawi\/all-news\/pyxus-processing-plant-to-boost-malawis-economic-exports"},"modified":"2022-04-03T19:16:39","modified_gmt":"2022-04-03T19:16:39","slug":"pyxus-processing-plant-to-boost-malawis-economic-exports","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/malawi\/all-news\/pyxus-processing-plant-to-boost-malawis-economic-exports","title":{"rendered":"Pyxus processing plant to boost Malawi\u2019s economic exports"},"content":{"rendered":"

Africa-Press – Malawi. <\/strong><\/span>Pyxus Agriculture Limited says its newly opened groundnut processing factory based at Kanengo Industrial area in Lilongwe has the full potential of boosting the country\u2019s agricultural exports and in the process benefits both government and local smallholder farmers.<\/p>\n

Pyxus Agriculture Limited Managing Director Ronald Ngwira made the remarks on Thursday during an open day tour where delegates from different diplomatic missions, international as well as local developmental organizations were invited to visit the company\u2019s factory and its Mpale commercial farm in Madisi, Dowa.<\/p>\n

According to Ngwira, his company\u2019s factory has the capacity of processing about 50,000 tonnes of groundnuts within 24 hours and it\u2019s the biggest processing factory of groundnuts outside South Africa.<\/p>\n

\u201cOur aim is to is to do value addition and export the final products as well as the polished groundnuts to international markets as well as sell it locally which in the process will boost the country\u2019s export earnings and at the same time boost our local smallholder farmers economically as their produce now have a ready market,\u201d said Ngwira.<\/p>\n

He disclosed that currently about 7,000 smallholder farmers are in a contractual agreement with the company. According to Ngwira, these smallholder growers are now cultivating a number of modern varieties of groundnuts which upon harvest they sell to the company at a better price comparing to the minimum buying price usually set by government prior to the selling season of crops in the country.<\/p>\n

\u201cLast year the minimum selling price of groundnuts that was set by government was around K330 per kilogram, but as Pyxus the minimum purchasing price from our contracted farmers was K440 per kilogram. Such is the case because our target is to make sure that the local smallholder farmers should also benefit economically and in the process boost the country\u2019s economic exports at international level,\u201d he said.<\/p>\n

According to Ngwira, apart from providing extension services to all the 7,000 contracted smallholder farmers of which majority of them are based in central and northern regions districts of the country, his company also provide these growers with farm inputs such as fertilizer and seed in form of loans which enable them to get high yields and in the process maximize their profits.<\/p>\n

\u201cSo far we have about 7,000 smallholder farmers who are cultivating groundnuts under the contractual agreement with us and we are aiming at reaching to about 30,000 farmers in the next three years. Our aim is to make sure that as we grow economically, our smallholder farmers too should also benefit,\u201d said Ngwira.<\/p>\n

In her remarks, Director of sustainable and economic growth at USAID\u2019s Malawi office Anna Tones said she was particularly impressed with Pyxus\u2019s investment both in the groundnut processing factory as well as at its commercial farms. According to Tones, the company\u2019s investment in the two areas has the huge potential of reducing the gap of groundnuts products globally.<\/p>\n

Tones disclosed that the demand of groundnuts and its products is so huge at the international market hence Pyxus should utilize that demand by exporting more groundnuts value-added products which will in the process improve the social economic aspect of smallholder farmers across the country.<\/p>\n

\u201cIt\u2019s high time Malawian farmers diversify their agriculture through cultivation of other crops other than maize and tobacco. I therefore, would like to urge all smallholder farmers in the country to support Pyxus\u2019s initiative by making sure that they are growing modern varieties of groundnuts which produces high yields and can be easily exported to international markets,\u201d said Tones.<\/p>\n

Currently, Malawi produces about 400,000 metric tonnes of groundnuts and Pyxus is striving to double that quantity through the introduction of new varieties that can produce more yields per hectare. The company is currently working with a number of agricultural based research institutions in-order to come up with modern high yielding varieties of groundnuts.<\/p>\n

For More News And Analysis About Malawi<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Malawi. Pyxus Agriculture Limited says its newly opened groundnut processing factory based at Kanengo Industrial area in Lilongwe has the full potential of boosting the country\u2019s agricultural exports and in the process benefits both government and local smallholder farmers. Pyxus Agriculture Limited Managing Director Ronald Ngwira made the remarks on Thursday during an […]<\/p>\n","protected":false},"author":84,"featured_media":19694,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,8,9],"tags":[233,371,234],"class_list":["post-19695","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-homepage-english","category-miscellaneous","tag-africa-press","tag-africa-press-malawi","tag-malawi"],"yoast_head":"\nPyxus processing plant to boost Malawi\u2019s economic exports - Malawi<\/title>\n<meta name=\"description\" content=\"Pyxus Agriculture Limited says its newly opened groundnut processing factory based at Kanengo Industrial area in Lilongw ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/malawi\/all-news\/pyxus-processing-plant-to-boost-malawis-economic-exports\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Pyxus processing plant to boost Malawi\u2019s economic exports\" \/>\n<meta property=\"og:description\" content=\"Pyxus Agriculture Limited says its newly opened groundnut processing factory based at Kanengo Industrial area in Lilongw ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/malawi\/all-news\/pyxus-processing-plant-to-boost-malawis-economic-exports\" \/>\n<meta property=\"og:site_name\" content=\"Malawi\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2022-04-03T18:52:08+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-04-03T19:16:39+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/malawi\/sites\/36\/2022\/04\/img-6249f277c89e6.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1401\" \/>\n\t<meta property=\"og:image:height\" content=\"1050\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/malawi\/all-news\/pyxus-processing-plant-to-boost-malawis-economic-exports#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/malawi\/all-news\/pyxus-processing-plant-to-boost-malawis-economic-exports\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/malawi\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Pyxus processing plant to boost Malawi\u2019s economic exports\",\"datePublished\":\"2022-04-03T18:52:08+00:00\",\"dateModified\":\"2022-04-03T19:16:39+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/malawi\/all-news\/pyxus-processing-plant-to-boost-malawis-economic-exports\"},\"wordCount\":661,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/malawi\/all-news\/pyxus-processing-plant-to-boost-malawis-economic-exports#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/malawi\/sites\/36\/2022\/04\/img-6249f277c89e6.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Malawi\",\"Malawi\"],\"articleSection\":[\"all news\",\"homepage-english\",\"miscellaneous\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/malawi\/all-news\/pyxus-processing-plant-to-boost-malawis-economic-exports#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/malawi\/all-news\/pyxus-processing-plant-to-boost-malawis-economic-exports\",\"url\":\"https:\/\/www.africa-press.net\/malawi\/all-news\/pyxus-processing-plant-to-boost-malawis-economic-exports\",\"name\":\"Pyxus processing plant to boost Malawi\u2019s economic exports - 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