Good Nature Agro, the Zambian company empowering smallholder farmers, has been recognised by the Financial Times (FT) as one of Africa’s fastest growing companies of 2024. This prestigious ranking identifies top performers in Africa’s private sector, placing Good Nature Agro at number 44 and the only Zambian company in the top 50.
The company’s success stems from consistent growth in its legume seed and commodity business, while significantly increasing incomes for over 20,000 smallholder farmers they partner with.
Celebrating their 10th anniversary this year, Good Nature Agro has seen impressive expansion since its founding in 2014 with just 40 farmers. Today, they operate across all Zambian provinces and into Malawi.
“We are honoured to be included on this list,” said Good Nature Agro Co-founder and CEO, Carl Jensen.
“This recognition allows us to showcase the potential of Zambian agriculture and the impact we have on smallholder farmers. The last decade’s achievements wouldn’t be possible without our dedicated farmers, team, investors, and partners.”
Good Nature Agro boasts a robust infrastructure, including processing plants in Lusaka and Chipata, a seed breeding program, a digital platform for farmer engagement, and over 175 employees. They are also constructing a state-of-the-art export facility in Lusaka.
“We are strategically positioned to fulfil grain needs beyond Zambia’s borders,” said Sunday Silungwe, Founder and Director of Communications.
“For the past three years, we’ve been aggregating legume seed and commodity needs across Southern and Central Africa. We currently export high-value beans, soybeans, and groundnuts to food processors in South Africa, Namibia, Zimbabwe, and Botswana, with sights set on Eastern Africa.”
Good Nature Agro joins fellow Zambians, Zamseed (#91) and Zambeef Products (#113), on the FT list. Compiled in collaboration with Statista, the list highlights Africa’s most dynamic businesses driving the global economy.
