Malawi has potential to realize over K61 billion from maize exports, translating into increased net wealth by one percent of the gross domestic product (GDP), agricultural and commodity exchange experts have said.
Teddie Nakhumwa: Participated
Manyenje: Malawi is losing over K370 billion annually to unregulated exportation of legume crops.
The experts made the sentiments on Thursday evening during a panel discussion the National Planning Commission (NPC) organization with technical support from the African Institute for Development Policy (AFIDEP) and the Copenhagen Consensus Centre (CCC).
The discussion drew high level participants such as the Principal Secretary for Trade, Christina Chatima, Chairperson of the Parliamentary Committee on Trade, Simplex Chithyola Banda, Agricultural Commercialization Project Ted Nankhumwa, Agriculture Commodity Exchange (ACE) Chief Executive Officer for Africa, Kristian Moller, Head of Operations at the AHL Group plc, Davis Manyenje, and Pyxus Ag