Afri-Oils

Improving processing and standards to revive Malawi's groundnut export industry.

Investment information

$4,750,000
Committed investment
Processing
Primary value chain focus
Committed investment
Primary value chain focus

Expected impact

3,000
Smallholder farmers linked to market
50%

Female smallholders linked to market

$150,000

Total annual income for smallholders

Smallholder farmers linked to market

Female smallholders linked to market

Total annual income for smallholders

Our role

AgDevCo’s investment, alongside a Dutch grant, is financing a new factory and equipment to improve the processing and handing of locally-grown groundnuts. Afri-Oils will also establish links with farmers and deliver training on aflatoxin control to improve groundnut quality and pricing. Through these initiatives, Afri-Oils aims to demonstrate that Malawi can meet international standards and potentially revive its groundnut export industry, with significant income uplift potential for smallholders.

Our investments in Malawi

Investment Total invested Investment type Start date
Afri-Oils $4,750,000 Debt / Equity & Technical assistance 2016
Farmers World Limited (FWL) - Technical assistance 2019
Jacoma – Tropha $6,900,000 Debt / Equity & Technical assistance 2014
Kapani $2,070,000 Debt / Equity 2017
Kasinthula $4,000,000 Debt / Equity 2019
Phata Sugar Cooperative $1,200,000 Debt / Equity 2016