By Chimwemwe Mangazi:
The Malawi Investment Trade Centre (MITC) has said it is targeting over 40 firms to directly benefit from the Fund for African Private Sector Assistance (Fapa)-Malawi Nacala Rail and Port Value Addition Project.
The project would help local small and medium enterprises (SMEs) maximise the use of the Nacala corridor.
About 23 firms in the agribusiness sector were selected to benefit from the project.
MITC Chief Executive Officer, Clement Kumbemba, said over 40 other firms in agriculture value chain are also targeted.
He was speaking when opening a capacity-building training workshop for SMEs in Lilongwe.
Kumbemba said quality remains a key challenge stopping local firms from penetrating the regional market.
“We also plan to work with over 40 producer groups because we are looking at the entire value chain.
“The producers can only produce more if they are getting enough raw materials. So, we would be working with producers to make sure that they produce the right quality and quantity,” Kumbemba said.
Dwale Supplies and General Dealers Managing Director, Endrina Maxwell, said the project is important as it will link producers to the farmers to increase access to raw materials.
The government received a grant from the African Development Bank to improve the efficiency and productivity of SMEs and smallholder farmers along the Nacala Corridor in Malawi through the project.
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