African Honey and Foods Products (AHFP) is a Malawian company involved in apiculture i.e., honey production, processing, and distribution under the “Fredricks Honey” brand. The business also imports and supplies modern and innovative beehives, equipment, and accessories.
With MAIIC’s help the company has had the following impact:
Pictured: The African Honey Products packaged Honey
A fertilizer company located in Liwonde needed a solar power plant to ensure reliable and consistent fertiliser production.
MAIIC was able to provide finance for the solar power plant which is expected to realise savings from lower electricity bills and fuels from the use of generators thus reducing the companies carbon footprint while increasing fertiliser output.
The impact of the financing for the Solar Power Plant is as follows:
Pictured: The Solar power plant in Liwonde
A bio-recycling company, distributes and installs small, medium, and large Biowaste Bin systems that convert waste (agriculture or household waste) into biogas energy and fertilizer. The company recruits and trains youths to work as Community Sales Agents that find customers, install biogas products, and provide after-sales services for a commission. This provides a source of income for women and youth and empowers them to advocate for the use of renewable biogas energy, biowaste recycling, and climate smart agriculture in their communities.
EcoGen has installed more than 30 of the 80 biogas systems sold to date to dairy farmers and there is a huge potential in this space for biogas systems.
The Impact is as follows:
Pictured: The Bio-Gas digesters.
A Milk powder start-up business produces affordable powdered milk that would substitute imports. The business acquired a piece of land in Mpemba, along the new road being constructed, connecting Mpemba and Chigumula.
MAIIC financed the purchase of milk production equipment. The equipment being bought includes a milk powder production plant, a packing machine, a fresh milk cooler and a motor vehicle tanker. Included in the cost of machinery is an installation cost and technical training for use of the machinery as well as repairs and maintenance.
The Milk Company has entered into agreements with Milk Bulking Groups to ensure sustainable supply of milk for continuous production.
Pictured: The Powdered Milk Company
A crocodile farm, located in Mangochi, produces high quality product skins for the international fashion industry, crocodile meat for luxury restaurants and turns crocodile carcass into fish feed production. The farm also uses the surplus water to irrigate local farms in the community.
The farm accessed a loan from MAIIC to build a slaughterhouse, butchery, salt room, grading room, cold room and single crocodile pens plus equipment for these rooms and the cold room equipment.
The development of the farm also led to the building of drainable fish ponds and a provision of catfish fingerlings that now produce an income of K600,000 – K800,000 per pond, per 8 month cycle.The farm has 60 ponds.
This investment has had the following impact:
Pictured: Crocodile Farm in Mangochi