• Home
  • Advertisement
  • Contact Us
  • English
  • Português
Wednesday, March 22, 2023
Mozambique Agri
  • News
    • All
    • Crops
    • Diary
    • Fresh Produce
    • Game & Wildlife
    • Livestock

    Лига Ставок Спорт-экспресс

    Мостбет Зеркало Рабочее Сегодня И Сейчас Вход Казань Вкалендаре

    Paratus Data Centers Unequalled in Africa

    Paratus Data Centers Unequalled in Africa

    Zoetis secures $15.3 million grant to advance sustainable livestock production and improve livelihoods in Sub-Saharan Africa

    Zoetis secures $15.3 million grant to advance sustainable livestock production and improve livelihoods in Sub-Saharan Africa

    Diversified urban agriculture can help cities address the twin challenges of food security and climate change-Researcher

    Diversified urban agriculture can help cities address the twin challenges of food security and climate change-Researcher

    At least 3 kg of food grown in Mozambique’s fields is lost due to inefficient processing, transportation, and storage-World Bank

    A change to hotter conditions is a looming challenge in the agricultural sector in the Southern African region

  • Africa
    Diversified urban agriculture can help cities address the twin challenges of food security and climate change-Researcher

    Diversified urban agriculture can help cities address the twin challenges of food security and climate change-Researcher

    AfDB commits $10 billion to fight food insecurity

    AfDB commits $10 billion to fight food insecurity

    Africa’s Vast Arable Land Underutilised for Cash and Food Crops

    Africa’s Vast Arable Land Underutilised for Cash and Food Crops

    Africa’s new agriculture pledge on the cards

    Africa’s new agriculture pledge on the cards

    Agricultural machinery: High demand on the world market

    Agricultural machinery: High demand on the world market

    EIMA International 2022, a Global Event Returns

    EIMA International 2022, a Global Event Returns

  • Company
    Norway pledges to build resilience of small aquaculture farmers in East and Southern Africa

    Norway pledges to build resilience of small aquaculture farmers in East and Southern Africa

    Tropical Cyclone Ana: WFP ready to provide food and logistics support for rescue and relief operations

    Tropical Cyclone Ana: WFP ready to provide food and logistics support for rescue and relief operations

    Mozambique authorities seek to combat biodiversity devastation by clamping on illicit fishing

    Mozambique authorities seek to combat biodiversity devastation by clamping on illicit fishing

    World Bank, UN launch programme to help Mozambique improve forestry management

    World Bank, UN launch programme to help Mozambique improve forestry management

    Basis of the Nampula economy calls for a re-orientation of efforts towards the most profitable cash crops, Says Nyusi

    Basis of the Nampula economy calls for a re-orientation of efforts towards the most profitable cash crops, Says Nyusi

    Sporadic rains worry Zambezi farmers

    UN announces US$1.2mln animal health programme for Mozambique

  • International
    Macfrut 2023,Turkey to participate in International Blueberry Days

    Macfrut 2023,Turkey to participate in International Blueberry Days

    First Special Agriculture Industrial Zone launched in Mozambique

    EIMA 2022: Unlocking the growth potential of Africa’s Agribusiness

    Agricultural machinery: High demand on the world market

    Agricultural machinery: High demand on the world market

    Italian industry Growing Turnover despite the Economic Situation

    Italian industry Growing Turnover despite the Economic Situation

    EIMA International 2022, a Global Event Returns

    EIMA International 2022, a Global Event Returns

    African women playing a critical role in local economic development

    Lusophone countries benefit from Africa Investment Forum

  • Markets
    It is through collective efforts and pursuit of mutual agreements and regional approaches and strategies that SADC can fully address national and intercountry investments on agriculture

    It is through collective efforts and pursuit of mutual agreements and regional approaches and strategies that SADC can fully address national and intercountry investments on agriculture

    Africa’s local ownership drive must balance foreign investment

    President Nyusi reminds investors of the agricultural opportunities available in Mocuba District

    Russia-Ukraine war poses upsides risks on African agriculture: Economist

    Russia-Ukraine war poses upsides risks on African agriculture: Economist

    Mozambique Fisheries on high vigilance following outbreak of fish disease in Malawi

    Mozambique Fisheries on high vigilance following outbreak of fish disease in Malawi

    Govt’s initiative to boost cotton and cashew income

    Govt’s initiative to boost cotton and cashew income

    Maize planter calibration to improve your profitability

    Maize planter calibration to improve your profitability

  • Equipment
    IMPROVING WATER QUALITY TO ENSURE SUCCESS OF BROILER BUSINESS

    IMPROVING WATER QUALITY TO ENSURE SUCCESS OF BROILER BUSINESS

    AWARD targets to improve African smallholders’ livelihoods

    AWARD targets to improve African smallholders’ livelihoods

    Agricultural machinery: High demand on the world market

    Agricultural machinery: High demand on the world market

    African women playing a critical role in local economic development

    Lusophone countries benefit from Africa Investment Forum

    President Nyusi excited about the prospects the new vegetable oil factory brings

    President Nyusi excited about the prospects the new vegetable oil factory brings

    Russian company to make a humanitarian fertilisers shipment to Africa

    Russian company to make a humanitarian fertilisers shipment to Africa

No Result
View All Result
  • News
    • All
    • Crops
    • Diary
    • Fresh Produce
    • Game & Wildlife
    • Livestock

    Лига Ставок Спорт-экспресс

    Мостбет Зеркало Рабочее Сегодня И Сейчас Вход Казань Вкалендаре

    Paratus Data Centers Unequalled in Africa

    Paratus Data Centers Unequalled in Africa

    Zoetis secures $15.3 million grant to advance sustainable livestock production and improve livelihoods in Sub-Saharan Africa

    Zoetis secures $15.3 million grant to advance sustainable livestock production and improve livelihoods in Sub-Saharan Africa

    Diversified urban agriculture can help cities address the twin challenges of food security and climate change-Researcher

    Diversified urban agriculture can help cities address the twin challenges of food security and climate change-Researcher

    At least 3 kg of food grown in Mozambique’s fields is lost due to inefficient processing, transportation, and storage-World Bank

    A change to hotter conditions is a looming challenge in the agricultural sector in the Southern African region

  • Africa
    Diversified urban agriculture can help cities address the twin challenges of food security and climate change-Researcher

    Diversified urban agriculture can help cities address the twin challenges of food security and climate change-Researcher

    AfDB commits $10 billion to fight food insecurity

    AfDB commits $10 billion to fight food insecurity

    Africa’s Vast Arable Land Underutilised for Cash and Food Crops

    Africa’s Vast Arable Land Underutilised for Cash and Food Crops

    Africa’s new agriculture pledge on the cards

    Africa’s new agriculture pledge on the cards

    Agricultural machinery: High demand on the world market

    Agricultural machinery: High demand on the world market

    EIMA International 2022, a Global Event Returns

    EIMA International 2022, a Global Event Returns

  • Company
    Norway pledges to build resilience of small aquaculture farmers in East and Southern Africa

    Norway pledges to build resilience of small aquaculture farmers in East and Southern Africa

    Tropical Cyclone Ana: WFP ready to provide food and logistics support for rescue and relief operations

    Tropical Cyclone Ana: WFP ready to provide food and logistics support for rescue and relief operations

    Mozambique authorities seek to combat biodiversity devastation by clamping on illicit fishing

    Mozambique authorities seek to combat biodiversity devastation by clamping on illicit fishing

    World Bank, UN launch programme to help Mozambique improve forestry management

    World Bank, UN launch programme to help Mozambique improve forestry management

    Basis of the Nampula economy calls for a re-orientation of efforts towards the most profitable cash crops, Says Nyusi

    Basis of the Nampula economy calls for a re-orientation of efforts towards the most profitable cash crops, Says Nyusi

    Sporadic rains worry Zambezi farmers

    UN announces US$1.2mln animal health programme for Mozambique

  • International
    Macfrut 2023,Turkey to participate in International Blueberry Days

    Macfrut 2023,Turkey to participate in International Blueberry Days

    First Special Agriculture Industrial Zone launched in Mozambique

    EIMA 2022: Unlocking the growth potential of Africa’s Agribusiness

    Agricultural machinery: High demand on the world market

    Agricultural machinery: High demand on the world market

    Italian industry Growing Turnover despite the Economic Situation

    Italian industry Growing Turnover despite the Economic Situation

    EIMA International 2022, a Global Event Returns

    EIMA International 2022, a Global Event Returns

    African women playing a critical role in local economic development

    Lusophone countries benefit from Africa Investment Forum

  • Markets
    It is through collective efforts and pursuit of mutual agreements and regional approaches and strategies that SADC can fully address national and intercountry investments on agriculture

    It is through collective efforts and pursuit of mutual agreements and regional approaches and strategies that SADC can fully address national and intercountry investments on agriculture

    Africa’s local ownership drive must balance foreign investment

    President Nyusi reminds investors of the agricultural opportunities available in Mocuba District

    Russia-Ukraine war poses upsides risks on African agriculture: Economist

    Russia-Ukraine war poses upsides risks on African agriculture: Economist

    Mozambique Fisheries on high vigilance following outbreak of fish disease in Malawi

    Mozambique Fisheries on high vigilance following outbreak of fish disease in Malawi

    Govt’s initiative to boost cotton and cashew income

    Govt’s initiative to boost cotton and cashew income

    Maize planter calibration to improve your profitability

    Maize planter calibration to improve your profitability

  • Equipment
    IMPROVING WATER QUALITY TO ENSURE SUCCESS OF BROILER BUSINESS

    IMPROVING WATER QUALITY TO ENSURE SUCCESS OF BROILER BUSINESS

    AWARD targets to improve African smallholders’ livelihoods

    AWARD targets to improve African smallholders’ livelihoods

    Agricultural machinery: High demand on the world market

    Agricultural machinery: High demand on the world market

    African women playing a critical role in local economic development

    Lusophone countries benefit from Africa Investment Forum

    President Nyusi excited about the prospects the new vegetable oil factory brings

    President Nyusi excited about the prospects the new vegetable oil factory brings

    Russian company to make a humanitarian fertilisers shipment to Africa

    Russian company to make a humanitarian fertilisers shipment to Africa

No Result
View All Result
Mozambique Agri
No Result
View All Result
Home News Crops

Cabo Delgado security concerns driving investment out

Ian by Ian
July 6, 2022
in Crops, News
0
New Water tariffs will ensure quality service provision, says Minister
0
SHARES
481
VIEWS
Share on FacebookShare on Twitter

According to the independent news source “Carta de Mocambique,” the British business Plexus, which had agreed to buy cotton from 50,000 small-scale farmers in the province of Cabo Delgado in northern Mozambique, has abruptly stated that it is withdrawing, citing security concerns.

According to Nick Earlham, the chief executive officer of Plexus, “Our intelligence suggests that the problems in Cabo Delgado will continue to worsen” and “No bank will advance money to Plexus to buy cotton because of the security situation,” were statements he made on Tuesday during a speech in London.

He added that 50,000 farmers are expecting Plexus to buy their cotton and, if this does not happen “they will be furious”.

Earlham said that the energy sector in Cabo Delgado (that is, the natural gas projects) “should become a partner of agriculture to win the confidence of local farmers and bring peace”.

These statements are less than honest. First, most of the cotton in Cabo Delgado is in the province’s southern districts (Montepuez, Balama, Namuno and Chiure), which are those least affected by Islamist terrorism. And second, Plexus is in serious financial difficulties, which have nothing to do with security.

Plexus is the only company which has the concession to buy cotton from Cabo Delgado farmers. But in 2020, it proved unable to pay the farmers for the cotton it bought. It was 1.5 million dollars in debt. Even its own 100-strong workforce went on strike, protesting that they had not been paid for four months.

In February 2020, Agriculture Minister Celso Correia promised to find a solution. And he did. According to “Carta de Mocambique”, Correia found two million dollars, which the government gave to Plexus so that it could pay its debts to the peasant producers.

Now this government has turned its back on the government and on the Cabo Delgado peasants. It made the announcement that it intends to pull out in London – but, according to the paper, it has not yet informed the government.

In 2020, Plexus said it needed ten million dollars to overcome a financial crisis blamed on mismanagement. The two million dollars from the Mozambican government was clearly not enough to fill the gap.

The Plexus website says it buys from 165,000 farmers which would make it the largest cotton company in Mozambique.

It is not yet clear whether any other company can be persuaded to take over from Plexus and buy the Cabo Delgado cotton.

Previous Post

Mozambique solicit Vietnamese agriculture, mining investment

Next Post

UN supporting farming as a means to peace-building in Mozambique

Next Post
Majority of bananas on South African markets come from Mozambique and Eswatini

UN supporting farming as a means to peace-building in Mozambique

April – June 2022

Recent News

Лига Ставок Спорт-экспресс

March 20, 2023

Мостбет Зеркало Рабочее Сегодня И Сейчас Вход Казань Вкалендаре

March 20, 2023
Paratus Data Centers Unequalled in Africa

Paratus Data Centers Unequalled in Africa

March 7, 2023

A change to hotter conditions is a looming challenge in the agricultural sector in the Southern African region

Africa’s Vast Arable Land Underutilised for Cash and Food Crops

2022-2023 cashew marketing campaign expected to earn cashew producers US$ 87 million

New Amarex

New Amarex
Mozambique Agri

Moz-Agri Magazine is a source of news worthy information in the Mozambican agricultural sector with a nationwide distribution boasting of a decent print run of 9,350 copies per edition.

  • Advertisement
  • Contact Us

© 2022 Moz-Agri Magazine | Website by NES Africa Group.

No Result
View All Result
  • Home
  • News
  • Advertisement
  • Contact Us

© 2022 Moz-Agri Magazine | Website by NES Africa Group.