Africa > East Africa > Mozambique > Agriculture

Agriculture in Mozambique

  • Africa's Economic Future Depends on Its Farms

    BOTSWANA, 2017/10/16 At the same time as the economies of Nigeria and South Africa recently rebounded, it wasn't oil or minerals that did the trick. It was agriculture. Faster and additional sustainable agricultural increase is crucial not only to the continent's economy, but as well to its ability to feed and employ its surging people. Agriculture still accounts for a quarter of gross domestic product and as much as two-thirds of employment in sub-Saharan Africa. In fact, agricultural increase has the biggest impact on non-farm gain and reducing poverty.
  • Portugal’s Portucel increases investment in pulp project in Mozambique

    PORTUGAL, 2016/01/26 Portuguese pulp and paper company Portucel plans to increase investment in Mozambique from US$2.3 to US$3 billion, the company’s director in Mozambique, Pedro Moura, said. Moura, in an interview with Reuters, said the increase in investment was the result of “technological developments of equipment producers” and would increase pulp production capacity. Portucel’s forestry and industrial project for the production of paper pulp and energy in Mozambique is expected to create 7,500 direct jobs and export worth US$1 billion per year.
  • Mozambique will have the biggest eucalyptus nursery in Africa

    MOZAMBIQUE, 2015/07/21 Portuguese pulp and paper group Portucel Soporcel is due next September in Mozambique to start setting up the biggest eucalyptus nursery in Africa, the group’s CEO said Friday in Setúbal, Portugal. Diogo da Silveira told the President of Mozambique, Filipe Nyusi, during a visit to the group’s industrial complex in Setúbal, that the nursery will have an initial capacity of 12 million plants/year, which may double by 2016. Portucel Mozambique, the group’s subsidiary set up in 2009, will invest in the a transversal and integrated forestry project in Mozambique, inclunding forest plantations, and pulp and paper and energy production from biomass.
  • Mozambique’s president inaugurates silo complex in Sofala province

    MOZAMBIQUE, 2015/05/14 A complex of silos in the town of Nhamatanda in Sofala province was ceremoniously opened on Tuesday by Mozambican President Filipe Jacinto Nyusi, the Mozambique Commodities Exchange (BMM) reports in a statement. The complex has capacity to store 8,000 tons of maize, beans, soy, sesame and other agricultural products. It cost US$3 million and will be used by producers, associations, unions and farmer cooperatives, and as well by merchants, agricultural processing companies and exchange operators, the document indicates.
  • Government Justifies Purchase of Tuna Fishing Fleet

    MOZAMBIQUE, 2013/11/28 Mozambican Prime Minister Alberto Vaquina on Wednesday justified the purchase of a tuna fishing fleet by the company EMATUM (Mozambique Tuna Company) as part of “a development strategy based on the integrated and balanced exploitation of our natural resources”. He was speaking in the county' parliament, the Assembly of the Republic, in response to demands from both opposition parties, Renamo and the Mozambique Democratic Movement (MDM), that he explain the purchase and why the government has guaranteed it. In theory, EMATUM is a private company, but its shareholders are national bodies. The major shareholder is the Institute for the Management of National Holdings (IGEPE), with 34 %.
  • Re-launching tea sector in Mozambique

    MAPUTO CITY, 2013/06/21 The Mozambican government has given the Cashew Institute (Incaju) the task of breathing new life into the country’s tea sector and raise production to the levels seen in the 1980s, Mozambican newspaper Notícias reported. Noting that current production, of 5,000 tons, is a sixth of that completed in the 80s, the newspaper said that Incaju’s statutes would be altered in the next two months to allow it to take on responsibility for the tea sector. Tea production in Mozambique is mainly focused on Zambézia province, essentially in the districts of Gurué and Ile, and Manica province, where in the 1980 there were over 27,000 workers at tea plantations, which have since been abandoned.
  • Agricultural investments of US$3.8 billion

    MOZAMBIQUE, 2013/05/25 Mozambique’s economic increase, which is by presently high due to new coal mining and natural gas projects, may be given further impetus over the next few years through agricultural investments of US$3.8 billion. Under the terms of the recently announced G8 initiative, New Alliance for Food Safety and Nutrition (2009-2012), international donors have pledged to provide US$380 million to help develop agricultural in Mozambique, which is added to US$500 million in private investment .
  • Mozambique chosen as business base for Portuguese firm Rioforte

    PORTUGAL, 2013/04/22 Rioforte, a holding of the Portuguese Espírito Santo group which specialises in the government of non-financial assets, has decided to make Mozambique its operational base for developing business and investments in southern Africa, the company’s president said. Manuel Fernando Espírito Santo told the Maputo-based daily Notícias that the company will instantly focus efforts on development of the Mozambique Agricultural Corporation (Mozaco), established in partnership with the Mozambican group João Ferreira dos Santos and particularly active in the agricultural sector.
  • Africa: Can Africa Satisfy Its Hunger?

    BOTSWANA, 2013/04/02 Africa frequently experiences food shortages, although its 900 million farmers could feed the continent, inclunding supplying other parts of the world. But for this to happen they need the support of politicians.
  • Mozambican farmers to benefit from funding from African Development Bank

    MOZAMBIQUE, 2013/02/07 The African Development Bank (ADB) has granted Mozambique funding of US$21.4 million to be used for the Sustainable Land and Water Resources Management Project, following a credit agreement signed Wednesday in Maputo. The project is intended to support four districts of Gaza province that are affected by changes in weather and that are cyclically affected by droughts and flooding. It is estimated that the project will benefit 20,000 farmers, half of which are women.