The groundnut industry in Zambia has been greatly affected by high aflatoxin levels. Poor quality edible groundnuts and lack of improved seed varieties have made it impossible to enter international markets. Additionally, smallholder farmers have been impacted negatively by low prices and poor access to markets. Crop yields remain poor due to the use of recycled groundnut seed.
Our total committed investment of US$1,600,000 has been used to buy groundnuts from smallholder farmers as well as finance purchase of the necessary equipment to improve processes and quality to tap into the international market. We have also allocated funds for Business Development Services to develop a groundnut training manual and facilitate training and extension services to smallholder groundnut farmers.