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Company profile
Newgrowco is a Zambian based company in Lusaka, doing agriculture commodity trading, grain
management, storage services and input supply and support services in Zambia and the region.
The company was registered in February 2018 and had grown phonemically under the more
than 60 years combined grain management and trading experience.
Commodities and grain management for Processors, traders and Exporters
NewGrowCo aim to be the best in Zambia for aggregating and managing grains in the rural areas
with transparent market prices to all farmers and guaranteed payment options. We got a pristine
record of paying suppliers and secured procurement operation on behalf of mandate buyers. We
also support the agri value chain with logistics and agro inputs. NewGrowCo also do a weekly
market report to keep our customers informed on market trends and movements for Zambia and
the region.
Operations:
1. Agricultural Commodity trading
Grains
> Maize- – Soya Beans – Wheat – Groundnuts – Sunflower seeds – Edible beans and peas
Farm feeds
> Maize bran – Wheat bran – Soya meal – Cotton seeds and cake – Grass Hay in bales
Fertilizer
> Compound D and other mixed fertilizer – Urea – Lime – Phosphate – Organic fertilizers
2. Mandate Buying, Brokering, Forward contracts and guaranteed tri party contracts
> Grain procurement mandates for mayor companies local and regional on all above
products
> Broking transactions for farmers, suppliers and processors
> Forward contracts between farmers and processors
> Transport bookings and brokering
3. Aggregating, Grain management, Storage and Distribution
Depots and Agents for procurement with storage facilities across the country for 2023 and up to
200 000mt storage capacity in Bulk and bags
> Lusaka (20 000mt storage bags with weighbridge), Chongwe, Kafue, Mumbwa
> Petauke (30 000mt storage bags with weigbridge), Katete, Chipata
> Landless corner, Chibombo, Kabwe (20 000mt storage bags), Kapiri Mposhi, Mkushi (32 000t
Bulk plus 40 000mt bag storage with weighbridge), Masansa, Serenje, Kasama
> Mpongwe (16 000mt bulk and 20 000mt bag storage with weighbridge), Ndola (10 000mt bag
storage and expanding to Bulk storage), Kalulushi (20 000mt bag storage), Solwezi
NewGrowCo for Trading, Storage, Transport, Commodities, Fertilizer, Export & Import, Forwarding & Brokering
> Chikankata, Monze (20 000bag storage with sheds and weighbridge), Choma, Kalomo (20 000
Bag storage) and Livingstone
> Traders support for local aggregators and suppliers
> Buying from commercial farmers
> Buying also from NGO’s, Zambia national service and prisons.
> Newgrowco also distribute Fertilizer, cement, maize meal, flour and seed in some depots
> Newgrowco also do in-house handling and storage for Customer like Tiger animal feeds.
> Sieving of grains in certain depots.
> Fumigation if stock is in our storage
> Collateral management can be done at our certified depots Securing stock under storage and
collateral on behalf of banks
4. Facilitate out grower/contract farming arrangements
> Facilitate input on fertilizer, chemical and insurance for farmers
> Tri party contracts guarantee input suppliers/financiers the offtake of commodities and secured prices and payments.
> Monitor planting and harvesting on farm
5. Fumigation and stock monitoring services
> Third party Fumigation services
> Monitor stock for quality and quantity for third parties
> Managing stock on behalf of customers
6. Laboratory equipment, training and services
> Selling Perten and other agricultural and agriculture business laboratory and Grading equipment
> Repair and Service all laboratory equipment
> Selling and servings bag stitching machines
> Selling twine for stitching machines
> Certified grading courses on Maize soya beans and wheat
7. Imports and exports
> Importing and exporting all above commodities
> Arranging permits and clearing on behalf of customers
> Exporting to 8 countries
> Doing logistics on imports and exports
8. Toll milling and down packing
> Toll Milling maize and wheat for maize meal and bran with various millers
> Toll Crushing soya beans with mayor crushers
> Distribution of basic foods and agriculture inputs
9. Current mayor customer base
> Tiger animal feeds – Handling, storage and trading
> Global Industries Limited – Handling, storage, mandate buying and trading
> Mt Meru – Trading and exporting final products
> Novatek/Zambeef – Trading
> Nutri feeds – Trading
> Simba Milling – Trading
> National Milling Corporation – Trading, storage and logistics
> African Milling – Trading and Imports
> NewGrowCo for Trading, Storage, Transport, Commodities, Fertilizer, Export & Import, Forwarding & Brokering Mpongwe Milling – Trading logistics
Chimanga Changa – Milling Trading Agri options Limited – Trading ETG -Trading and Logistics CP feeds Malawi Ameropa South Africa
PHI Zimbabwe Sondelani Zimbabwe Agrivision – Trading and logistics
South Central Agri – Offtake agreements on third party agreements
Small scale farmers making out 80% of our procurement book
Many other mills, Processors, farmers, WFP, NGO’s and traders on a monthly basis.
10. Employment
> Permanent 46 and growing
> Casual in season up to 430
> Training staff on different skills needed to do their work
> Promoting to senior positions as the company grows
> Do trading to certify our grain graders and inspectors
11. Banking and Insurance
> Zanaco bank Primary
> Zambia Industrial Commercial bank
> Turtle insurance brokers is insuring all our products and in transit stock
> Multi-currency transactions for local and international companies
> Revolving facilities for procurement from Blue chip companies and financial institutions
> Audit management accounts for last 3 years and finalizing on previous years’ audit.
12. Volumes targeted for 2022
> Soya beans 60 000mt
> Maize 50 000mt
> Wheat 50 000mt
> Other products 10 000mt
> Import and exports 24 000mt
> Adding 5 more Depots where needed
> Possible collateral funding for 10 000mt
> Storage for third parties 60 000mt in bulk and bags in our depots
13. Partners
> Joof Pistorius with a BSc. Science in agriculture have more than 30-year experience in
agribusiness and been in grain trading for 25 years dealing in 14 Southern and East
Africa countries. Been working and trading with most of the prominent grain businesses
in the region. He is well known in government, NGO and decision-making bodies as a
valued consultant of Agri-business and regional trade. Trusted by all the Zambian
farmers, and regional businesses. With his strong character he is always willing to help
and improve agri-business and food security for Africa.
> Karthik started with an IT background and worked his way up with various grain trading
companies in logistics, operations and managing grain for more than 10 years and two
and a half year running forty-two fertilizer depots and farmer inputs all over Zambia. He
was also promoted to senior trader at AFGRI. Very well known in the Zambia grain,
logistics and fertilizer industries.