AHL courting foreign investors

Evans Matabwa says the company is wooing potential investors from Europe, Asia and the Middle East to partner it in several areas of investments as it eyes expansion.

Over the decades, the company has experienced massive growth through its diversification agenda which has witnessed a shift from being a predominantly tobacco marketing company to a group of diversified companies with strategic business investment portfolios.

Matabwa told Business News last Wednesday that despite challenges this year, the group continues to grow.

He said: “Although the company faced challenges, just like many other companies have due to current economic situation, we continue to attract the attention of international investors seeking partnerships.”

Matabwa hailed AHL staff for being dedicated in the year even when they faced challenges  Formerly Auction Holdings Limited, the group operates tobacco markets in Malawi and wholly owns Malawi Leaf Company Limited, TIL Limited, Agricultural Trading Company (ATC), AHL Chemicals and Steel Limited (ACSL) and AHL Commodities Exchange (AHCX).

AHL Group was established in 1936.n