US$500 MILLION INVESTED IN MALAWI AGRICULTURE SECTOR IN 2015/16 FY

DCAFS chairperson The Malawi agriculture sector is enjoying a massive investment of about $500 million in the 2015/16 financial year, running from July to June, but the question is whether the sector will get the maximum return from the investment.

The donor contribution to the sector is estimated at $265 million, while the government and non-governmental organisations (NGO) have injected $170 million and $46 million, respectively.

STATUS OF THE CURRENT GROWING SEASON

FLOODSMalawi has from late December 2014 to the second week of January 2015, experienced heavy rainstorms and floods hitting 15 out of the 28 districts in Malawi (Chikwawa, Nsanje, Phalombe, Zomba, Rumphi, Karonga, Thyolo, Machinga, Mangochi, Ntcheu, Chiradzulu, Mulanje, Balaka, Salima and Blantyre).