Malawi: Going nuts over export possibilities
Malawi is one of the world’s top producers of macademia nuts, but the crop does not make it into the top five of the country’s exports in terms of revenue generated. Topping the bill currently are tobacco, sugar, tea and cotton.
The country faces a currency shortage at present and is putting into place plans to take advantage of its position as a producer of macademias, ranking alongside Australia and South Africa.
Industry and Trade Minister, John Bande said that the government wants to capitalise on macademia production to turn the country’s economic fortunes. “This is in view of the contribution the crop can make to import-substitution as well as generation of foreign exchange.
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