AGRF Deal Room 2021: Making the case for investing in smallholders – Poultry and aquaculture agribusinesses for accelerated growth and enhanced food systems in Malawi
CASA’s Investor Summit at AGRF’s Deal Room 2021
The objective was to stimulate behavioural change of investors, policy makers and other stakeholders on agricultural investments by demonstrating the commercial and development potential of smallholder sourcing models.
|(4’)||Frank Tembo||Session Introduction and Delivery Format by CASA Team|
|(10’)||Pilira Kafakamoyo, Acting Director of Investment promotion and facilitation (Malawi Investment and Trade Centre)||Case for Malawi as a destination for agricultural investment finance by MITC|
|(8’)||Nyaluwanga Poultry Farm, established in December 2014, specialises in producing high quality poultry and poultry products. Nyaluwanga works with other aspiring small-scale poultry farmers, helping them start their own poultry business by providing advice and planning. Pitch by Cecelia Mseteka.||Investment opportunities in poultry and aquaculture in Malawi|
|(8’)||Viphya Chambo, the biggest fish farm in northern Malawi. The farm produces and supplies Tilapia (Chambo) and Catfish. It has 3.5 hectares of fishponds. A greenhouse structure installed ensures continued reproduction during winter Viphya Chambo is the largest private fingerling producer in Malawi. Pitch by Falesi Mwangonde.|
|(8’)||Lenziemill Milling Ltd, established in 2017, is primarily focused on Livestock feed milling, agro processing and contract farming. They currently produce both commercial layer and broiler feed. Pitch by Maya Khonje-Stewart|
|(10’)||Frank Tembo and audience||Questions from the audience and panel discussion|
|(2’)||Frank Tembo||Closing remarks|
CASA Malawi presented three pitches by African women CEOs. Each effectively demonstrated the commercial and development potential of small-scale sourcing models in poultry and/or aquaculture. The proposed investments reduce Malawi’s dependence on imports feed products
Lenziemill Milling Ltd, established in 2017, is primarily focused on Livestock feed milling, agro processing and contract farming. They currently produce both commercial layer and broiler feed. The pitch by Maya Khonje-Stewart sought $3m to develop fingerling and feed production facilities in poultry, aquaculture and areas including petfood.
Viphya Chambo is the biggest fish farm in northern Malawi. The farm produces and supplies Tilapia (Chambo).It has 3.5 hectares of fishponds. Installing a greenhouse structure ensures continued reproduction of fingerlings during winter Viphya Chambo. ensures continued production of fingerlings during winter by Viphya Chambo. The pitch by Florence Falesi Mwangonde sought $678,000 to install in-door hatchery, a small-scale feed mill, and refrigerated van.
Nyaluwanga Poultry Farm, established in December 2014, specialises in producing high quality poultry and poultry products. Nyaluwanga works with aspiring small-scale poultry farmers, helping them start their own poultry business by providing advice and planning. The pitch by Cecelia Mseteka sought $175,000.
These 3 businesses are a selection of the 20 poultry and aquaculture businesses supported CASA Malawi team to be investment ready. Finally, Pilira Kafakamoyo, from the Malawi Investment and Trade Centre (MITC) reminded investors that the agricultural and agri-processing sectors are priority sectors. She also set out the support available to investors MITC.
Pilira Kafakamoyo is the Acting Director of Investment Promotion & Facilitation. She holds a Master’s degree in Strategic Management from University of Derby and has a Bachelor’s degree in International Business from University of Salford. She has been working in the field of investment promotion and facilitation for the past 18 years. Her job involves promoting Malawi as the investment destination, facilitating investors through the investment process and providing aftercare services to established investors. On the other hand, she works closely with Key stakeholders involved in the investment process identifying areas government need to work on to improve the investment environment.
Moderator. As Country Manager for CASA Malawi, Frank provides strategic oversight of the CASA Programme, both representing it and liaising with government, agribusinesses, agriculture investors, and other stakeholders. Frank is an agricultural economist with over 18 years’ experience implementing; technical backstopping; and managing resilience and livelihoods programmes in Malawi and globally. Over the years, he has piloted and scaled-up inclusive models including market systems development, graduation approaches, climate smart agriculture; and integrating the very poor into profitable value chains.
Frank will share how CASA is showcasing successful models for businesses that source produce from smallholders and; initiatives to attract more investment into the sector, boosting economic growth and raising demand for smallholder produce. In addition, Frank will highlight nature of CASA’s support. This will include CASA Malawi’s packages offered to partners such as: Technical assistance through short term third-party consultants’ support to partners (SMEs, producer organisations etc.).
Cecilia Mseteka is a passionate entrepreneur. In 2002 Cecilia bought into the UNIGLOBE International Franchise, a travel management company. This franchise was sold in July 2013 to concentrate on the setting up running of Nyaluwanga Farms Limited in Mzuzu, Northern Malawi. Cecilia is the Managing Director.
Falesi Mwangonde is managing director of Viphya Chambo, an integrated aquaculture production and selling firm located in Mzuzu. Falesi established Viphya Chambo as a hobby with her husband, in 2011. The business has grown from one 0.3ha pond to13 ponds covering an area of 3.5 hectares. The farm produces 6 tonnes of table-sized fish and about 3.5 million fingerlings per annum. In a bid to further expand the business, Falesi has now steered the company to pilot a fish aggregation and off-taking model from smallholder producers. This has not previously been attempted in Malawi.
Maya Khonje-Stewart is the managing director at Lenziemill. She co-founded the company with her husband to exploit the business opportunity in production and supply of animal feeds. Maya is a dynamic entrepreneur who develops new and innovative product solutions within the company. One such innovative product line that Maya has developed is the Egg Hub, a concept that is designed to improve availability of fresh and locally produced eggs to communities by supporting smallholder farmers with high quality inputs, training, loans and access to markets. Maya has over ten years experience in the private sector and with NGOs in Malawi. She is skilled in business development, proposal writing, excellent investor relations, sales and organisation, project management, budgeting, and negotiation. She is also a member of the Private Sector Mechanism Committee for Food Security in Malawi, championing access to markets for smallholder farmers.
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