Goodwell Investments has merged Chicoa Fish Farms and Lake Harvest to form Mvuvi Holdings, aimed at enhancing food security through sustainable aquaculture in southern Africa.

Target Company Overview

Mvuvi Holdings, previously known as Chicoa Fish Farms, is a pioneering aquaculture company operating in southern Africa. It focuses on sustainable fish farming, primarily tilapia, to combat food insecurity in the region. Founded with the mission to provide affordable, sustainable protein, Mvuvi has made significant strides in improving local livelihoods and strengthening food security since its establishment. In 2024, Mvuvi emerged from a landmark merger with Lake Harvest, creating the largest tilapia production footprint in Africa and allowing for enhanced operational synergies and regional influence.

Industry Overview in Africa

Africa faces a significant food crisis, with projections indicating that over 20% of its population will experience food insecurity by July 2025. The agricultural sector struggles with challenges such as famine, drought, and underdeveloped supply chains. Despite these difficulties, the continent has the potential to develop a resilient agricultural system that can provide for its inhabitants and beyond.

The food and agriculture industry in Africa is undergoing a transformation, necessitated by the growing population and the urgent need for sustainable practices. Investments in the sector are increasingly focusing on methods that