A regional leader in the production of grain storage bags.
AgDevCo’s long-term debt investment into Pee Pee Tanzania Limited (PPTL) will allow the company to expand its manufacturing capacity, including setting up a new dedicated factory for the production of grain storage bags. The storage bags offer smallholder farmers a simple and low-cost way of storing grain and seed without using chemicals to control insect pests. They are durable and can be stored in family homes.
|Investment||Total invested||Investment type||Start date|
|Africado||-||Debt / Equity & Technical assistance||2019|
|East Africa Fruits Farm & Company Limited||$400,000||Debt / Equity||2015|
|Equity For Tanzania Limited (EFTA)||$5,000,000||Debt / Equity||2015|
|Kingchick Poultry||$255,000||Debt / Equity||2017|
|Lungu Limited||$320,000||Debt / Equity||2013|
|Natural Extracts Industries (NEI) Limited||-||Technical assistance||2019|
|Pee Pee Tanzania Limited (PPTL)||$5,000,000||Debt / Equity||2020|
|Rungwe Avocado Company (RAC)||-||Technical assistance|
|Sasumua Holdings Limited||$2,340,000||Debt / Equity||2012|
|Suma Hydro Power Project||$2,505,000||Debt / Equity||2016|
|Taylor Winch||-||Technical assistance|
|Wakulima Tea Company (WTC)||-||Technical assistance||2016|