Agwenda Investment Limited
Established in 2012, Agwenda Investment Limited focuses on the production and supply to the end market of quails, and indigenous and dual-purpose breed chickens. Operating in Lilongwe with five employees, the Managing Director is Sungeni Ng’onamo, who has BS in Agribusiness, an MBA in Project Management, and over ten years of experience managing projects.
Facilitating Investment, Aggregation, and Offtaking of Indigenous Poultry Products
The project demonstrated the effectiveness of business development services in helping agri-SMEs attract investment and showcase the viability of smallholder supply chains with agri-SMEs.
Completed in March 2024, this 18-month project focused on preparing Agwenda to attract commercial or impact investment and utilize the funding to expand its business operations by investing in incubators, a hatchery, poultry production houses, and a processing unit. It also supported Agwenda in establishing an outgrower scheme involving 1,666 smallholder farmers, including women and youth, and facilitating access to inputs and offtaking arrangements. At a total cost of £81,840, CASA provided £67,600 through technical assistance and a grant.
Agwenda sought £61,184 from third party investors to acquire and/or install chicken houses, brooding facilities, water supply, greenhouses (for maggot production), warehouse facilities, incubator, hatcher, deep freezer, processing equipment (plucker) and van for transportation of products.
Updated: December 2024