Malawi’s economy depends on Agri-business – HORVES C.E.O says – Capital Radio Malawi
17 July, 2024

Malawi’s economy depends on Agri-business – HORVES C.E.O says

Deputy CEO of Horizon Ventures (HORVES) Limited, Ruth Msungambeu has urged young people to embark on their entrepreneurial journey in Agri-business, stressing their pivotal role in shaping the future of Malawi.

Msungambeu was speaking at Lilongwe University of Agriculture & Natural Resources (LUANAR)-Natural Resources College (NRC) campus on Saturday during the Agri-business Ceremony themed: “Harnessing Agri-business for Malawi resilience in the face of climate change towards Malawi Vision 2063”.

She reiterated that there is a need for young people to learn about modern farming techniques, business management, and marketing for them to contribute to Malawi’s economic growth and food security in the long run.

Msungambeu was answering a question about the future of Malawi in a context of Agri-business.

She said the answer lies in the rich soil, the vibrant culture, and entrepreneurial spirit, saying

Malawi is an agricultural powerhouse, with fertile land, abundant water, and a favourable climate.

She emphasised that there’s more to agriculture than just growing crops, highlighting the importance of establishing value chains, building industries, and driving economic growth.

Later, Msungambeu shared more insights on the imperative of sustainability and market-driven innovations in agri-business.

With a focus on practices like vertical farming, hydroponics, and organic farming, she underscored the importance of resource efficiency, and environmental stewardship.

A student at LUANAR, Aubrey Lumwila expressed his appreciation to Msungambeu for the role she played at the ceremony in providing students with essential knowledge about Agri-business.

Lumwila, who is majoring Agri-business programme at the college, has since encouraged other students,  that it is possible to manage both school and business at the same time.

Mental Health commentator Amos Chibwana, Seales Manager at Aramex Courier Jack Lweya also gave their remarks during the ceremony.

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