twitter RSS Feed linkedin acp contact

Mozambique set for huge rise in macadamia exports

Macadamia nuts producer Valley of Macs is seeking to increase its production in the next three to four years in Mozambique

Macadamia nuts Africa1Valley of Macs currently produces 120 tonnes of macadamia nuts in Mozambique annually. (Image source: Ton Rulkens)

The company, who is controlled by Dutch, British, US and Mozambican capital, currently produces 120 tonnes of nuts a year in Serra Choa, in Mozambique's Barue district.

According to Valley of Macs manager, Antonio Gera, current annual production is an estimated 120 tonnes, however Gera aims to fill fifty containers a year by 2016/2017 to reach a production output of 1,000 tonnes.

An estimated US$6.5mn has been invested the production process out of a planned eight million, Valley of Macs said. 

“Right now, we are doing everything we can to comply with our production plan,” stated Gera.

The company expects its annual revenue to reach US$3.7 mn, when exports of the nut are sent to countries such as China, Hong Kong and Vietnam. 

Valley of Macs started operations in Serra Choa back in 2006 and the company’s plantation covers 600ha, of which 224ha has been used to grow a total of 70,000 plants, the company said.


LATEST NEWS IN Agriculture

African Development Fund approves US$6.4mn grant to increase financial access for agricultural value chain entrepreneurs

African Development Fund approves US$6.4…

The Board of Directors of the African Development Fund, the African Development Bank Group’s (AfDB’s) concessional lending window, has approved a grant US$6.4mn to Gambia to implement the Incentive-Based Risk-Sharing...

Esri partners with Microsoft to support sustainable agriculture development in Africa

Esri partners with Microsoft to support …

To help support government and non-profit organisations on the continent address climate change, water supply and food security challenges, Esri, the global leader in location intelligence, has collaborated with Microsoft...

USAID and NASA renew partnership to address development and humanitarian challenges

USAID and NASA renew partnership to addr…

On 4 November, Administrator Samantha Power signed a Memorandum of Understanding (MoU) between the U.S. Agency for International Development (USAID) and the National Aeronautics and Space Administration (NASA) to renew...

Norway promises top-up contribution of urgently needed climate finance

Norway promises top-up contribution of u…

On 9 November 2022, Norway, as part of a commitment to triple its support to climate adaptation by 2026, has pledged an additional US$9.5mn contribution of urgently needed climate finance...

CotonChad and IDH sign partnership with Better Cotton

CotonChad and IDH sign partnership with …

Better Cotton recently signed a multi-stakeholder Letter of Intent to participate in the landscape approach, developed with local stakeholders in Chad in conjunction with IDH, intending to work towards improving...

NFU president Minette Batters appointed as ambassador of Farm Africa

NFU president Minette Batters appointed …

Farm Africa, a charity that promotes sustainable agricultural practices, strengthens markets and protects the environment in rural eastern Africa, has announced the appointment of NFU president Minette Batters as an...

Prev Next

OTHER RELATED ARTICLES - Agriculture

Portugal expresses Zambia maize interest

Portugal expresses Zambia maize interest

Portugal has expressed interest to make a trade deal with Zambia for maize imports

The ABC Fund provides loan to three West African agri-businesses

The ABC Fund provides loan to three West…

The Agri-Business Capital (ABC Fund) has provided loans to three agri-businesses to support their working capital needs and their expansion, enabling higher rural employment and securing market access for farmers...

An Asian solution for African coffee disease

An Asian solution for African coffee dis…

The onward march of coffee leaf rust and coffee berry disease (CBD), which have been devastating coffee plantations throughout Africa and Southeast Asia for decades, may be coming to a...

AfDB to train 250,000 ‘Agripreneurs’ in Nigeria

AfDB to train 250,000 ‘Agripreneurs’ in …

Africa Development Bank (AfDB) president Akinwumi Adeshina has announced that the bank has earmarked US$12.5bn for the training of the next generation of agriculture entrepreneurs (agripreneurs) in Nigeria and 24...

AfDB to spend US$63 million on African food security

AfDB to spend US$63 million on African f…

The African Development Bank (AfDB) has launched a US$63mn agricultural initiative which aims to reduce the need for food imports and boost crop production across 20 African countries

Spotlight on Ethiopia’s tree-planting programme

Spotlight on Ethiopia’s tree-planting pr…

Ethiopia has embarked on an ambitious tree-planting programme and planted more than 350 million trees in a day

Climate-resilient wild coffee populations discovered in Uganda

Climate-resilient wild coffee population…

A team of Ugandan, Dutch and French scientists has discovered populations of potentially drought-resistant, high-quality wild coffees in Uganda

Nigeria targets cashew nuts export worth US$2bn by 2017

Nigeria targets cashew nuts export worth…

Nigeria is looking at exporting cashew nuts worth US$2bn in next two years as part of its measures to diversify the economy and move away from over-dependency on oil, according...

‘Free trade can prevent hunger caused by future shifts in climate patterns’

‘Free trade can prevent hunger caused by…

International trade can compensate for regional reductions in agricultural production and reduce hunger when protectionist measures and other barriers to trade are eliminated, according to a study published in Nature...

Zambia Agricultural Commodities Exchange to reopen

Zambia Agricultural Commodities Exchange…

The Zambia Agricultural Commodities Exchange (Zamace) plans to resume trading in May, ending a nine-month suspension

FAGRO seeks to strengthen partnership with smallholder farmers

FAGRO seeks to strengthen partnership wi…

The National Food and Agriculture Show (FAGRO) plans to work alongside Africa’s smallholder farmers, with its aim being to transform the agriculture sector

Nigeria to see hybrid tomatoes production boost

Nigeria to see hybrid tomatoes productio…

The World Bank Group, UK-based Department for International Development (DFID) and Nigeria’s Dangote Group have formed a partnership to start the production of hybrid tomatoes in Nigeria’s Kano state

Prev Next