Firm empowers 10,000 farmers
By Emmanuel Simpokolwe:
Pyxus Agriculture Limited (Malawi), an agriculture production firm working with smallholder farmers in the country said it is targeting about 10,000 farmers this season in enhancing groundnuts, sunflower and beans production.
Pyxus Managing Director, Ronald Ngwira told the press in Lilongwe on Tuesday that the company has so far invested about $11 million in the initiative for this season.
The firm is aiming at investing $50 million in processing and production initiatives in the next five years.
“We would want to achieve our vision of transforming people’s lives by utilising our agricultural expertise by among other things strengthening relationship with contracted farmers and continue to pursue quality production,” Ngwira said.
Ngwira said the firm is targeting about 50,000 metric tons of groundnuts from its contracted smallholder farmers to be processed for international markets.
“ We are looking at diversification and yield improvements of various legume crops especially groundnuts, sunflower and beans among others which at the end of the day should give better profits to our contracted farmers,” said Ngwira.
Ngwira said the company will link farmers with financial institutions for financing as well as providing extension and processing services to the farmers.
At present, Pyxus Agriculture Limited has five business areas and these are direct farming, smallholder production, groundnuts production, crop service and biomass. It is also involved in reforestation programmes.
The company’s crop service delivery provides in-field support from planning to production and delivery to market of compliant tobacco and other crops.
Pyxus Agriculture Ltd started operation in the country this year and is a subsidiary of Pyxus Agriculture Holding limited, a UK-based company responsible for the value added agricultural product division.
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