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Zambia's eMsika to expand e-poultry solution to four new markets

Daba Finance/Zambia's eMsika to expand e-poultry solution to four new markets
STARTUP VENTURE CAPITALJune 14, 2024 at 10:48 PM UTC

TLDR

  • eMsika, Zambian agri-tech startup, founded by Gilbert Mwale and Elton Chirwa in 2016, expanding into 4 new markets.
  • Offers digital platform and physical store for poultry and livestock farmers, providing access to farm inputs and support through FarmHouse app.
  • Raised $150,000 through equity investment, grants, and partnerships, seeking $50,000 to enhance marketing, technology, and key hiring efforts.

Zambian startup eMsika, an innovative agri-tech company founded in 2016 by Gilbert Mwale and Elton Chirwa, is set to expand into four new markets (Tanzania, Nigeria, Egypt, and Zimbabwe) following a reported strong uptake of its services.

eMsika offers a digital platform and physical store tailored to poultry and livestock farmers. It provides convenient access to farm inputs such as chicks, feed, vaccines, and on-farm visit support through its FarmHouse app.

Funded by equity investment, grants, and strategic partnerships, eMsika has raised $150,000 and is seeking an additional $50,000 to boost marketing, and technology growth, and make a key hire.

Key Takeaways

Agriculture in Africa is undergoing a significant transformation driven by a burgeoning interest in innovation among farmers and stakeholders. This shift is marked by the adopting of precision agriculture practices, facilitated by greater access to technology and digital solutions. Consequently, agritech has seen rapid growth, spurred by the increasing demand for food and limited agricultural resources. The continent is also witnessing a rise in public-private partnerships and investments in agritech startups, fostering an ecosystem ripe for growth and innovation. Emphasizing sustainability and resilience, technology is pivotal in mitigating the effects of climate change and boosting productivity, heralding a new era for African agriculture.

eMsika
Zambia
Expansion
Startups
Venture Capital
Agriculture
Agritech
Innovation

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