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News18•01-10-2026, 18:15
SEA Partners with Mozambique's Nampula Province to Develop Oilseed Corridor
  • •The Solvent Extractors’ Association of India (SEA) signed an agreement with the government of Nampula province in northern Mozambique to explore a sustainable oilseed and vegetable oil corridor.
  • •The agreement was signed by Nampula Governor Eduardo Mariamo Abdul and SEA President Angshu Mallick on the sidelines of Globoil India in Mumbai.
  • •India seeks new supply partners as its edible oil imports are heavily reliant on a few countries, with national demand projected to reach 46.5 million tonnes by 2047.
  • •Nampula province is a leading agricultural region in Mozambique, already cultivating groundnut, soyabean, sesame, and oil palm, and offers a shorter sea voyage to India's west coast via the Nacala Development Corridor.
  • •The three-year exploratory phase will study crop potential, supply capacity, and investment needs, with future commercial decisions and investments to follow separate agreements under Mozambican law.

Key Questions Answered

The Solvent Extractors' Association of India signed a statement of interest with Nampula's government to explore a sustainable oilseed and vegetable oil corridor between the two nations.

The exploratory phase is set to run for three years, during which partners will jointly study the opportunity before making any commercial decisions.

Nampula is a leading farm province growing various oilseeds and sits on the Nacala Development Corridor, providing road and rail links to a deepwater port with a shorter sea voyage to India than South America.