Malawi poultry sector could generate 539 billion kwacha
By the AFREEQUE newsroom, based on Mwnation
A Mwapata Institute study estimates that investment and reforms in Malawi’s poultry sector could generate $308.3 million, or about 539 billion kwacha, in additional annual growth. Reforms to maize and soya would account for nearly 88% of the gains, according to the study, titled “Unlocking the full economic potential of Malawi’s poultry value chain through targeted investments”, as reported by Mwnation.
Malawi’s poultry sector could generate an additional $308.3 million in gross domestic product annually, or about 539 billion kwacha, if targeted investments and reforms are implemented, the Mwapata Institute estimates in a study reported by Mwnation.
Reforms to maize and soya could account for about 88% of the expected gains, as these crops largely determine animal feed costs and producers’ competitiveness. The study recommends, among other measures, removing VAT on soya meal, stabilising maize markets through predictable rules and facilitating poultry exports to Mozambique.
The report estimates that these measures could reduce production costs, encourage private investment in cereals, oilseeds and animal feed processing, and develop formal exports. Projected revenues would exceed the $282 million, or about 494 billion kwacha, generated this year by tobacco, Malawi’s main source of foreign exchange.
William Chadza, chief executive of the Mwapata Institute, said the institute was working with partners, including Malawi’s National Planning Commission, to support implementation of the recommendations. He noted that findings from previous studies had not always been acted upon.
Summary produced with the help of artificial intelligence tools, under AFREEQUE’s editorial responsibility.
