Zamgoat Products Limited

Company Description

Zamgoat is a Zambian impact agribusiness transforming the livestock sector through value addition, aggregation, and digital innovation. Operating a processing facility in Lusaka, Zamgoat produces premium goat and beef products under its Afribeef initiative, empowering smallholder farmers and positioning Zambia for regional exports into DRC and Angola.

Team

Zamgoat is led by Paul Nyambe (Founder and CEO), who brings over a decade of experience in impact entrepreneurship and agribusiness development, business strategy, rural development, market systems transformation, and livestock sector innovation.

He is supported by a growing team that includes Choongo Moonde (COO), Willis Mufungo (Finance & Admin), and Kisford Kaoma (Business Tech Lead), who bring diverse expertise in agribusiness management, processing technology, finance, and digital innovation.

The company also draws on a growing ecosystem of partners—including its earliest and long-term investor Africa Eats and other supporters providing advisory support—to maximize impact. Zamgoat’s leadership is driven by the belief that agriculture, when restructured through inclusive value chains, can lift millions out of poverty while feeding the continent and beyond.

Countries of Operation

Zambia, Congo DR

Ownership of Company

Local Company

Number of years since incorporated

10 years

Stage

Early Venture

Annual Revenue (in EUR)

EUR 250,000 - 500,000

Number of employees

11-50

Project Pitch

Zamgoat is a Zambian impact-driven agribusiness transforming the small livestock sector into a modern, inclusive, and export-ready industry. The company integrates over 3,000 smallholder goat farmers into formal value chains through aggregation, value addition, and enhanced market access, unlocking sustainable income opportunities, raising incomes by 20–30%, and enhancing economic and climate resilience while promoting climate-smart livestock production.

Founded in 2012, Zamgoat employs 11 full-time staff and has processed and sold over 200 tons of goat meat products, generating more than USD 900,000 in cumulative revenues. Its product portfolio includes fresh and processed goat meat products such as sausages, smoked, and dried goat meat, with growing demand in Zambia and neighboring countries.

Through its diversification arm Afribeef, Zamgoat is expanding into sustainable beef processing to serve the DRC and Angola markets along the Lobito Corridor. The company is also developing a technology-driven spin-off, Livestock Datafarm, a digital platform providing farmers and other value chain actors with access to data, inputs, veterinary services, and digital markets.

Zamgoat’s business model combines livestock aggregation, processing, logistics, and digital services, generating revenue from product sales, commissions, and partnerships. The company seeks USD 450,000–1 million in investment to expand its processing capacity, logistics, and regional export readiness, driving inclusive growth and rural transformation.

Total Project Cost (in EUR)

EUR 15,000,000

Financing needs (in EUR)

EUR 500,000

Type of financing needed

Dept / Equity / Grant

Planned allocation of fundraising capital

Expansion (expanding an existing activity)