On 9th November, 2012, Agricultural Commodity
Exchange (ACE) sensitizized farmers from Chiwala Village, T.A.
Chiseka in Lilongwe at Thambo warehouse about 30 km from Lilongwe.
The warehouse was built by Good neighbors International to help
small operators in the area have access to proper storage and to
help them find better markets. The meeting attracted members from
Good neighbors International, representatives from agricultural
ministry, traditional authorities, local chiefs and people from the
area. The objective of the session was for Good Neighbors to
distribute farm inputs to farmers and ACE officials were invited to
sensitize farmers on structured trade systems ACE is implementing
in the market. Among other things, the discussion dwelled on the
Warehouse receipt system (WRS) as a means of accessing better
storage and finance. And also market information system which
enables farmers to receive commodity prices from selected markets
across Malawi on their mobile phones.
ACE official talks to the
Participants Listen attentively as ACE officials
clarify WRS issues
Food security is a problem that is
facing most African nations. In fact, most of the countries have
lived with it for decades due to poor harvest farmers obtain at the
end of each year. Good Neighbors International has established a
system to supply inputs like fertilizer and seed to farmers so that
they pay back after harvest. This is a very welcome development as
Malawi is a land-locked country with most households living in the
rural areas and surviving on $1 per day.
It is in the interest of ACE to
work with other non-governmental partners like Good neighbors to
help small operators improve their livelihoods. ACE plans to reach
out to many farmers as possible to help them alleviate problems
resulting from poor post handling and poor prices.
- 200 Participants (32 Female &
- 10 farmers clubs (20 members in