Firm set to invest K37bn in agriculture – The Nation Online: Pyxus Agriculture Limite, a non-tobacco crops dealer, has announced that it will invest $50 million (about K37 billion) in the country’s agriculture sector in the next five years.
The firm, which started its operations in April this year, is a subsidiary of United Kingdom-based company Pyxus Agriculture Holding Limited, and it focuses on groundnuts and sunflower value addition ventures.
Speaking during a press conference in Lilongwe on Tuesday, Pyxus managing director Ronald Ngwira said the initial asset base investment was $11 million (K8 billion).
The firm, which started its operations in April this year, is a subsidiary of United Kingdom-based company Pyxus Agriculture Holding Limited, and it focuses on groundnuts and sunflower value addition ventures.
Speaking during a press conference in Lilongwe on Tuesday, Pyxus managing director Ronald Ngwira said the initial asset base investment was $11 million (K8 billion).
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