RATIN

Malawi: Entrepreneur unlocks agribusiness opportunities

Posted on January, 20, 2025 at 07:32 am


The founders of Ziweto Enterprises have capitalised on opportunities in Malawi’s agriculture industry to build a rapidly growing business. Starting with a chain of agrovet stores – essentially pharmacies for livestock – the company has expanded into animal feed production and is now planning to enter the poultry sector by producing day-old chicks and chicken for both local and regional markets. In late 2024, Ziweto became the first Malawian company to list on the Stock Exchange of Mauritius.

How we made it in Africa editor-in-chief Jaco Maritz spoke with Victor Chambayika Mhango, co-founder and CEO of Ziweto, about the journey of building the business.

Topics discussed during the interview include:

  • Growing from $30,000 in first-year sales to about $1.5 million today
  • The deal that changed Ziweto’s trajectory
  • How the company financed its expansion
  • Becoming a manufacturer of animal feed
  • Untapped business opportunities in Malawi

Source: How Made it in Africa