Amesect Named One of Bloomberg’s Top 25 Companies to Watch in Africa

STELLENBOSCH, South Africa — Amesect (Pty) Ltd, a South African insect biotechnology company developing scalable organic waste bioconversion through its proprietary MAGIC³ system, has been named one of Bloomberg’s Top 25 Companies to Watch in Africa. The recognition places Amesect among an elite group of African businesses identified by Bloomberg as driving innovation and impact across the continent — and one of only four South African companies to receive the honour.

At the heart of Amesect’s work is the MAGIC³ (Mobile Automated Grow-Insect Climate Control Chamber), a proprietary Black Soldier Fly (BSF) larval bioconversion system that transforms organic waste streams — including food waste, brewers’ spent grain, and agricultural by-products — into valuable biomass. The company is currently demonstrating commercial bioconversion operations with select clients, including a live deployment at Grootbos Private Nature Reserve in the Western Cape, processing kitchen organic waste through a Micro MAGIC³ unit.

Micro Magic3 for optimised, onsite, energy optimised growth of black soldier fllies for waste valorisation
A Micro MAGIC³

Amesect’s approach represents a deliberate departure from the centralised, capital-intensive factory farming model that has characterised much of the global BSF industry to date — and which has struggled to deliver viable returns at scale. Rather than concentrating production in large, costly facilities, Amesect deploys modular, distributed MAGIC³ units that can be placed at the point of waste generation, dramatically reducing logistics costs and capital requirements. This decentralised model is inherently more scalable, more resilient, and more accessible — allowing the economics of insect bioconversion to work at a fraction of the capital outlay required by conventional approaches.

Beyond its core bioconversion operations, Amesect has demonstrated at laboratory scale the potential to extract high-value bio-based products from BSF biomass, including insect-derived protein, insect oils, and chitosan — a compound with applications in pharmaceuticals, cosmetics and nutraceuticals. The company’s strategic roadmap includes the development of these high-value outputs at commercial scale as part of its Phase 2 growth strategy.

"This Bloomberg recognition affirms what we believe deeply: that insect biotechnology is one of Africa’s most powerful circular economy tools. The industry has learned hard lessons from the centralised factory model. Our decentralised approach is not just a business strategy — it is a fundamentally different philosophy about how this technology should work and for whom. We want communities across Africa to be producers and beneficiaries of this industry, not bystanders to it."

— Dr. Elsje Pieterse, Co-founder & R&D Director, Amesect

A defining element of Amesect’s vision is the democratisation of insect biotechnology across Africa. The continent already has a deep, informal history of Black Soldier Fly production — a foundation that Amesect sees as a strategic asset rather than competition. The company’s hub-and-spoke model is specifically designed to allow trained community-based operators to participate in the insect bioeconomy as micro-franchise producers, with Amesect providing the technology, production protocols, and offtake infrastructure. This structure has the potential to deliver meaningful job creation, enterprise development, and economic inclusion alongside its environmental impact.

Amesect is actively engaging with Noliqua Legacy NPC and the Philippi Economic Development Initiative (PEDI) to develop and pilot this concept in a South African community context. These engagements are exploring how the MAGIC³ system can be deployed within enterprise and supplier development frameworks, creating pathways to business ownership for community operators while diverting organic waste from landfill and generating measurable environmental impact.

The Bloomberg Top 25 recognition comes at a pivotal moment for the global BSF industry — one in which the limitations of the large-scale centralised model are becoming clear, and in which decentralised, capital-light approaches are gaining recognition as the more credible path to scale. For Africa, with its vast organic waste resource base, its informal BSF knowledge, and its urgent need for inclusive economic development, Amesect’s model offers a compelling template.

About Amesect

Amesect (Pty) Ltd is a South African insect biotechnology company headquartered in Stellenbosch, Western Cape. The company’s proprietary MAGIC³ technology enables scalable, automated Black Soldier Fly larval bioconversion of organic waste into high value products. Amesect operates a hub-and-spoke model targeting the animal feed, pet food, aquaculture, veterinary and functional food markets, with a strong ESG and circular economy value proposition. For more information, visit www.amesect.co.za.

Dave Stewart

Head of Strategy & Business Development

Amesect (Pty) Ltd  |  14 Coligny Road, Stellenbosch

E: dave@amesect.co.za  |  T: +27 73 552 1613

W: www.amesect.co.za

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