NAIROBI, Kenya — Africa Mega Agri Corp PLC (NSE: AMAC) has announced a strategic shift into healthcare, energy, and trade infrastructure, completing a transformation from an agriculture-focused firm into a diversified, technology-enabled platform.
The Nairobi Securities Exchange-listed company said it will now operate through four integrated platforms—AMAC Commodities Exchange (AMAC ComEx), AMAC Health, AMAC Green, and AMAC Oil & Gas—linking agriculture, healthcare, energy, and trade infrastructure.
The restructuring comes amid rising investor interest. The firm said its share price climbed by about 246 per cent between October 2024 and July 2025, with current market capitalisation standing at approximately Sh1.2 billion.
As part of the reorganisation, Raphael Pundo has taken over as Chief Executive Officer.
The leadership team also includes Abraham Ng’etch as VP for AMAC ComEx, Hope Lornah Kasuvu as acting VP for AMAC Health, Edward Odindo heading AMAC Green, and James Kamau leading AMAC Oil & Gas.
The company said the new structure is designed to create integrated marketplaces connecting producers, traders, hospitals, and energy businesses across Africa.
Under AMAC ComEx, the firm plans to expand into structured commodities trading by combining certified warehousing, logistics, digital trading infrastructure, and collateralised trade finance.
The platform aims to connect African producers to regional and global markets while improving price discovery and access to financing.
AMAC Health will focus on digitising healthcare delivery through technology linking patients, providers, and supply chains.
The platform includes a Health Information Management System, outsourced Social Health Authority claims management, invoice discounting for providers, a pharmaceutical procurement marketplace, and insurance premium financing.
The AMAC Green platform will deliver clean energy solutions, including rooftop solar systems, battery storage, sustainable cooking technologies, electric mobility financing, solar water pumping, and embedded financing models to support adoption.
Meanwhile, AMAC Oil & Gas will offer a technology-driven ecosystem for fuel stations and LPG retailers, including forecourt management systems, inventory monitoring, payment integration, and dealer financing. The platform will also support emerging electric mobility infrastructure.
To support expansion, the company said it has entered a strategic partnership with Saudi Export-Import Bank and KCB Group to create a trade-finance corridor linking Gulf markets with African producers.
The initiative aims to facilitate cross-border trade in commodities, medical supplies, and energy products.
AMAC is also building digital trade infrastructure through platforms including Dukabuy, a B2B marketplace, and Trevex, a digital trading rail supporting KYC verification and multi-currency settlement.
Additional innovations such as E-Jumla will focus on asset financing models for emerging sectors, including electric mobility.
Ng’etch said the company’s strategy is designed to build an integrated ecosystem around agriculture rather than abandon it.
“We are not abandoning agriculture. We are building around it. Agriculture connects to energy, logistics, financing, and trade infrastructure,” he said.
He added that Africa’s long-term growth will depend on integrated platforms linking industries, financing, and technology, rather than isolated investments across sectors.
