Malonda company invests in bean processing unit in Mozambique

18 February 2015

Sociedade Malonda, the economic arm of the Malonda Foundation, is investing US$400,000 on purchasing equipment for butter bean processing in Niassa province in northern Mozambique, said the managing director of the company.

Online news site Faísca cited chief executive Augusto Kuntuela as saying that the initiative aims to capitalise on the product in Niassa and make it more competitive in domestic and international markets.

The project came about after the Malonda Foundation, an institution focused on the development of Niassa province that since 2005 had received support from Sweden, lost this financial support and decided to move ahead, initially, with selling agricultural products, particularly butter beans.

With this project, the CEO said, “we intend to buy directly from the producer, package and market the locally produced beans on the national and international market.”

The equipment was purchased in Japan and China and, “in a few months a technician is due to arrive to assemble it and train staff that will work in the factory,” said Kuntuela.

Initially, the processing unit will have a capacity to process 1,000 tons of butter beans, with a planned gradual increase up to 3,000 tons.

Augusto Kuntuela had previously said that the beans being processed in the factory would be sent to Portugal and Spain, after the Malonda Company reached an agreement with importers from those countries who participated in the Maputo International Fair 2014. (macauhub/MZ/PT)