Saro Agro Industrial Limited

Company Description

Saro Agro Industrial Limited (Saro) is Zambia’s leading supplier and manufacturer of agricultural equipment and machinery.

The company’s mission is to equip clients with reliable machines for agriculture, irrigation, and livestock while supporting women’s integration in agricultural value chains and promoting local employment and economic growth.

Countries of Operation

Zambia

Ownership of Company

Local Company - 100% Zambian owned

Number of years since incorporated

38

Project Pitch

Saro Agro Industrial Limited supplies equipment and services to a wide range of stakeholders — from smallholder and commercial farms to agro-based processors and utilities.

The company also provides aftersales support, maintenance services, training, and spare parts.

With 14 regional offices and 400 employees, Saro has supplied products to over 1,900 commercial farms and 13,000 smallholder farms across Zambia.

Approximately 40% of turnover comes from locally manufactured or assembled products, many of which are climate-smart technologies co-developed with the Conservation Farming Unit (CFU).

Product portfolio includes:

• Land preparation equipment (tractors, rippers, harrow discs, planters, sprayers)
• Irrigation technology (solar water pumps, drip irrigation, sprinkler systems)
• Harvesting and post-processing machines (harvesters, threshers, shellers, hammer mills, rice mills)
• Livestock equipment (chaff cutters, feed mixers, milking machines, egg incubators)

Saro continues to innovate and expand to meet the growing demand for efficient, sustainable agricultural solutions across Zambia.

Team

The project team is led by Mr. Ashok Oza, Managing Director, who coordinates with key stakeholders including private companies, government institutions, NGOs, and cooperatives to ensure strategic alignment with Saro’s long-term growth objectives.

Mr. Marvellous Choongo, Project Manager, oversees day-to-day operations and ensures timely implementation of project activities and targets.

Supporting team members include:

• Arnold Siame – Technical Lead for Farmers (training and climate-smart practices)
• Calvin Salah – Marketing Manager (marketing campaigns and sales coordination)
• Clever Bikoko – Financial Manager (financial management and reporting)
• Lee Mulenga – Project Financial Assistant (financial support and compliance)

Stage

Established (Mature)

Annual Revenue (in EUR)

EUR 10,000,000 – 100,000,000

Number of employees

101 - 500

Total Project Cost (in EUR)

EUR 2,000,000

Financing needs (in EUR)

EUR

Type of financing needed

Financing

Planned allocation of fundraising capital

Expansion (expanding existing operations and supporting local manufacturing and assembly of agricultural machinery)