Home
FacebookTwitterSearchMenu
  • Subscribe
  • Subscribe
  • News
  • Features
  • Knowledge Library
  • Columns
  • Customs
  • Jobs
  • Directory
  • FX Rates
  • Categories
    • Categories
    • Africa
    • Air Freight
    • BEE
    • Border Beat
    • COVID-19
    • Crime
    • Customs
    • Domestic
    • Duty Calls
    • Economy
    • Employment
    • Energy/Fuel
    • Events
    • Freight & Trading Weekly
    • Imports and Exports
    • Infrastructure
    • International
    • Logistics
    • Other
    • People
    • Road/Rail Freight
    • Sea Freight
    • Skills & Training
    • Social Development
    • Sustainability
    • Technology
    • Trade/Investment
    • Webinars
  • Contact us
    • Contact us
    • About Us
    • Advertise
    • Send us news
    • Editorial Guidelines
Africa

Food milestone for Africa

29 Mar 2022 - by Staff reporter
0 Comments

Share

  • Facebook
  • Twitter
  • Google+
  • LinkedIn
  • E-mail
  • Print

Last Saturday saw the launch by African Development Bank head Akinwumi Adesina and President of the Republic of Mozambique, Filipe Jacinto Nyusi, of the “milestone” Pemba-Lichinga Integrated Development Corridor in Mozambique’s northern Niassa province.

The Board of Directors of the African Development Fund approved a $47.09-million grant for the first phase of the Development Corridor Group in December 2021.

This forms part of the AfDB’s Special Agro-Industrial Processing Zones initiative. These zones are designed to create cost-efficient agro-processing hubs in areas of high agricultural potential. The initiative is in line with Mozambique’s National Development Strategy, which seeks to improve living conditions through structural reforms and economic diversification.

Nyusi said the project was part of a commitment outlined in the country’s five-year programme to boost economic growth, productivity and job creation. Agriculture and industry were the “catalysing base” that would transform the economy and elevate it to middle-income status, Nyusi added. “These sectors have reaffirmed their primacy in the mosaic of the country’s economic priorities despite security challenges, the Covid-19 pandemic, and the global economic recession.”

The project will directly contribute to the implementation of the National Program to Industrialize Mozambique (PRONAI). It will build on a long list of AfDB interventions in northern Mozambique for the provision of infrastructure and will unlock, beginning with Niassa province, the agricultural potential of the Nacala corridor.

“It is the first of many Special Agro-Industrial Processing Zones to be set up across our continent to transform what we have in abundance into massive wealth-generating opportunities. Here in Mozambique and in other parts of Africa, Special Agro-Industrial Processing Zones lie at the core of our ambition and strategy to turn Africa from a net importer into a net exporter of food. If there was ever a time that we needed to raise food production drastically, that time is now,” Adesina said.

Sign up to our mailing list and get daily news headlines and weekly features directly to your inbox free.
Subscribe to receive print copies of Freight News Features to your door.

KZN emerges as promising hub for mining and logistics

Domestic
Economy
Logistics

TIKZN executive said lithium was being mined and beneficiated at Dube TradePort

05 Jun 2025
0 Comments

Transnet to mark international level crossing day

Events
Logistics
Road/Rail Freight

The event is to raise awareness of the consequences of not obeying the rules of the railway.

05 Jun 2025
0 Comments

South Africa’s logistics sector still male dominated – Teta exec

Logistics

As for the employment of disabled people, it’s even worse, numbering 1.4%.

04 Jun 2025
0 Comments

Tough times ahead because of trade barriers, airlines warn

Air Freight

Executives criticised “unacceptable” delays in aircraft deliveries.

04 Jun 2025
0 Comments

Grindrod invests $80 million in Matola Coal Terminal

International
Logistics

The expansion will boost the facility’s cargo-handling capacity by 50% once fully operational.

04 Jun 2025
0 Comments

Fuel price drops despite fuel levy hike

Logistics
Road/Rail Freight

The average crude oil price declined to US$63.95 a barrel driven by lower demand amidst global trade tensions.

04 Jun 2025
0 Comments

Port of Durban’s Bayhead Road upgrade gets under way

Logistics
Road/Rail Freight

The six-month overhaul of the route aims to enhance operational efficiency in the port precinct.

04 Jun 2025
0 Comments

Airlines trim 2025 profit forecast amid trade tensions

Air Freight

The 2025 profit forecast remains higher than the $32.4 billion posted in 2024.

04 Jun 2025
0 Comments

New service offering for OEMs in SSA automotive market

Logistics

The Emirati enterprise said it had been made possible through its end-to-end support platform.

04 Jun 2025
0 Comments

US doubles steel tariffs as Trump seeks trade concessions

Imports and Exports

The increased levy – from 25% to 50% – was confirmed in an executive proclamation signed by Trump late on Tuesday.

04 Jun 2025
0 Comments

Passengers still missing after Cabo Delgado shipwreck

Sea Freight

The vessels were to deliver food intended for people fleeing Islamist insurgency up north.

04 Jun 2025
0 Comments

Logistical progress needs to be speeded up – economist

Logistics

“It is taking too long from when we identify the problem until we solve the problem, and the gap is costing us valuable growth.”

03 Jun 2025
0 Comments
  • More

FeatureClick to view

Road & Rail 27 June 2025

Border Beat

Forum tightens net against border corruption
25 Jun 2025
Police clamp down on cross-border crime
17 Jun 2025
Zim's anti-smuggling measures delay legitimate freight operations
06 Jun 2025
More

Poll

Has South Africa's ports turned the corner?

Featured Jobs

Multi-Modal Controller

Tiger Recruitment
JHB North
27 Jun
More Jobs
  • © Now Media
  • Privacy Policy
  • Freight News RSS
  • About Us
  • Advertise
  • Send us news
  • Contact us