ENHANCING MARKET-ORIENTED PRODUCTION

Project description

The ‘enhancing market-oriented production’ project is located in Lilongwe District, Central Malawi, with a landholding size of 8 hectares. The project seeks grow on commercial basis crops with high market potential, including, bird eye red chilies and Tommy mangoes, targeting the export market. A legume value chain is expected to be developed in a subsequent phase. The project intends to expand to Northern Malawi where additional 50 hectares has already identified, and a dam will be constructed for irrigation.

The crop production on the farm will utilise a combination of rain-fed and irrigated agriculture, enabling multiple harvests throughout the year. The project will also collaborate with local farmers in the surrounding area to participate in production of the crops, with their yields aggregated and purchased through an anchor farm model. The required farm infrastructure includes:

• Solar-powered irrigation systems
• Greenhouses
• Warehouses
• Processing plants for various commodities

The project is seeking an investment partner to contribute additional capital through equity or loan financing for farm development and construction of an irrigation dam.

The project promoter, Young Eagles Investments, registered in 2016 is dedicated to delivering comprehensive agricultural solutions, including high value crops production through the ‘Mega Farms initiative’, produce trading, and brokering services, while offering expertise and support for local and international trade facilitation. The company strives to add value at every stage of the agricultural supply chain, while promoting sustainability and prosperity for all stakeholders involved. With this project, Young Eagles Investments plans to improve agricultural productivity, to promote value addition to meet the rapidly growing demand for food in the country and the neighbouring countries.

The Mega Farms initiative is a Malawi government-led action aimed at transforming the country's agricultural sector through large-scale farming. Launched in August 2023, the initiative seeks to increase agricultural production, productivity, and commercialization, ultimately contributing to Malawi's economic growth by 2063.

Financial requirements

Total project costs are estimated at EUR 49,671 (USD 55,000)

Proposed investment model

The project proposes a flexible investment structure, accommodating either equity or loan investments. The specific terms and conditions of the investment will be mutually agreed upon by both parties.

Project feasibility

A comprehensive financial feasibility study will be conducted in partnership with the identified potential investor(s) to assess the project's economic viability.

Contact

Young Eagles Investments

P.O. Box 3411

Lilongwe 3

Malawi.

Nyuma Kalua, Managing Director, Kaluanyuma@gmail.com