wCap Limited has invested in Luano Food Company, supporting its innovative agro-processing initiatives in Zambia, particularly in honey and avocado processing, while promoting sustainable practices and community empowerment.

Target Information

wCap Limited is pleased to announce its investment in Luano Food Company, an innovative agro-processing enterprise based in Zambia, focusing on honey and avocado processing. This investment represents a pivotal opportunity for Luano Food Company as it seeks to positively impact the agricultural sector through sustainable practices and innovative product offerings.

Luano Food Company is renowned for its high-quality honey and a range of processed agricultural products. The organization is now expanding its product line to include avocado processing, positioning itself for considerable growth. Known for its innovation within the agro-processing industry, Luano Food Company has a significant impact on local ecosystems by supporting small and medium-sized enterprises (SMEs) and various out-grower schemes led by women and youth through cooperatives nationwide. This engagement empowers small-scale farmers and enhances the livelihoods of a community where over 50% are women and youth. Leveraging state-of-the-art technologies, the company is well-equipped to execute its diversification strategy for substantial development.

Industry Overview in Zambia

The agricultural sector in Zambia is a crucial part of the nation’s economy, contributing significantly to both GDP and employment. Agriculture employs a large portion of the population and acts