Code of Conduct

1. Our Shared Values

AgDevCo Limited is an impact investor and project developer with a mission to build successful African agri-businesses through long-term investment and support to deliver positive impact at scale. This mission brings with it considerable responsibility to funders (including in particular the UK Government), staff, consultants, investees and their workers, and the wider groups AgDevCo interacts with.

Acting with professional and personal integrity at all times:

  • we are honest and trustworthy in our activities and relationships;
  • we are committed to fair and ethical business practices;
  • we always treat colleagues and others with respect;
  • we follow AgDevCo’s policies and procedures;
  • we abide by applicable laws; and
  • we report integrity concerns.

2. Whom does this Code of Conduct apply to?

This Code of Conduct applies to all AgDevCo Representatives, being:

  • AgDevCo Limited and its group of companies (AgDevCo);
  • AgDevCo’s directors and officers; and
  • AgDevCo’s employees and consultants and other workers (including agents, contractors, trainees, seconded staff, homeworkers, casual workers, agency staff, volunteers, and interns.

3. Core Principles

Business Integrity

AgDevCo is committed to complying with all applicable laws and regulations. AgDevCo Representatives are expected to observe the highest standards of business integrity in their dealings with each other and third parties, and to act fairly and honestly, with personal and professional integrity in a manner befitting AgDevCo’s mission and source of funding, and be accountable for their actions.

AgDevCo has a zero tolerance policy regarding bribery and corruption, money laundering and tax evasion.

Download our Business Integrity Policy

Conflicts of Interest

AgDevCo Representatives must avoid conflicts of interest by ensuring their decisions, transactions and/or relationships do not place personal interests ahead of those of their business, investees and colleagues. Any ethical, financial, legal or other conflicts of interest should be disclosed.

Download our Conflicts of Interest Policy


Environmental Social and Governance

All AgDevCo’s investee businesses are subject to a comprehensive ESG screening and all investees are required to adopt AgDevCo’s Responsible Business Principles.

AgDevCo’s gender policy also incorporates gender considerations as an integral part of the ESG programme, with an aim to improve gender equality and women’s economic empowerment amongst AgDevCo’s investees.

Download our Responsible Business Principles


Health and Safety

AgDevCo is committed to the health and safety and welfare of all AgDevCo Representatives and those affected by AgDevCo’s work.



All AgDevCo Representatives are expected to avoid all forms of discrimination and harassment. Reports of any forms of discrimination or harassment shall be treated very seriously.



AgDevCo is committed to complying with privacy and data protection laws in the jurisdictions in which it operates and will respect people’s privacy, confidentiality of information and the cultural contexts in which it operates.

Download our Investee Privacy Notice here. 


Use good judgement. Take a moment to ask yourself, am I doing the right thing and would I and AgDevCo be comfortable if my actions were publicised (to colleagues, our funders, friends and family)? If you are unsure, ask for guidance.


4. Zero Tolerance and Speaking Up

AgDevCo has a zero-tolerance policy for all illegal activities (including but not limited to bribery and corruption, money laundering and tax evasion (or facilitation of tax evasion)) and for any forms of sexual, physical or psychological harassment, abuse or exploitation or breaches of this code of conduct. Any AgDevCo Representative or third party who has cause for concern regarding the propriety or legality of any action should report these either to a line or senior manager or else in accordance with AgDevCo’s whistleblowing policy, with the assurance that those who report unlawful or inappropriate behaviour in good faith will be protected from retaliation. At the same time, anyone who may become the subject of a complaint will be treated fairly and with respect whilst the outcome of the complaint is being determined.

Download our Whistleblowing Policy