Agri-business Business

3,000 farmers to benefit from Lufwanyama soya scheme

Soya beans farm.

NKWETO MFULA, Chingola
OVER 3,000 small-scale farmers are expected to benefit from the soya bean and sunflower out-grower scheme in Lufwanyama.
Global Plantation, a Greenfield investment which is a subsidiary of Global Industries Limited, manufacturers of edible oils based in Ndola, has set aside about K9 million as a start-up capital to undertake this venture.
Lufwanyama district commissioner Miniver Mtesa said the establishment of the project in Luswishi farm block is expected to boost agricultural activities among stakeholders in the region.
“So far, a lot of small-scale farmers are willing to engage into out-grower schemes to enable the new investor meet its high demand for sunflower and soya beans,” she said in an interview recently.
Ms Mtesa said the creation of a plantation will also enhance job creation for the local people and generate revenue for the district council.
“With this development, it is a blessing which will influence job creation in the district,” she said.
Ms Mtesa commended the edible oil manufacturing company for its intention of engaging farmers through the out-grower scheme.
“Agriculture is yielding ‘fruits’ in Lufwanyama which in turn will contribute positively towards the economic growth of the district,” she said.
Meanwhile, another local company, NWK Agri-Services, has also expressed interest in giving out loans in terms of farm inputs for an out-grower scheme for soya and cotton small-scale farmers in Lufwanyama.
The company is targeting 4,000 farmers in a space of two years starting this farming season.
NWK Agric-Services is already involved in giving out farm inputs as loans to farmers in Mpongwe to grow cotton and soya beans.
Ms Mtesa said, “They will be given loans in form of farming inputs, and all their produce will be bought [by the company].”

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