MALAWI – Mzuzu Dairy Limited, a milk processing start-up in Malawi has invested K75 million (US$97,200) in new machinery aimed to double its output and increase market access by dairy farmers.
According to reports by The Nation Malawi, the company’s processing capacity will increase to 5,000 litres per day from 2,500 litres.
To this end the facility will need more raw material providing a direct market to over 5,000 dairy farmers a rise from 2,000 farmers.
“Since we started the production in November 2019, the demand for our products has been rising. We have, therefore, embarked on an expansion programme so that we should be able to increase the supply to meet the demand,” said the firm’s Managing Director Denis Chitowe.
Chitowe said apart from increasing output, the company which specializes in fresh milk, yoghurt and traditional Malawian sour milk known as Chambiko, will also introduce other products on the market.
“We were limited on the products that we were offering on the market with the previous machinery, but with the new machinery, we have added on the list of the products that we are offering at the market,” he said.
Meanwhile in Uganda, Anderson Royal Industries an American company owned by global economist David Anderson, also former presidential personnel to former US President Barack Obama, is seeking to invest over US$20 million in agro-processing and value addition of agricultural products in Uganda.
The investment was in response to an invitation by Isaac Kigozi, the Managing Director, East African Partners (EAP), a company that markets Uganda as an investment destination, reports Business Focus.
Meeting with officials at the ministry of Foreign Affairs, Anderson said that his company Anderson Royal Industries, which holds 15 business units with a net worth of US$101 million, would take up investment in a number of sectors in the country.
“We have got a range of businesses dealing in software technology, real estate, commodities trading, logistics, advanced medical technology and virtual education and we would wish to establish the same in Uganda,” Anderson said.
He pledged to start with investment in the agriculture sector by engaging in agro-processing and value addition as well as real estate.
“For the start, we are looking at investing between $10m to $20m for a period of five years,” he said.
Diaspora Affairs head of department in Foreign affairs ministry Dickson Ogwang expressed gratitude to Anderson for returning to his ancestral home to build the country.
Ogwang noted that his office will coordinate the different departments and ministries to ensure that Anderson is granted all the support he needs to establish his company in Uganda.
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