Improving processing and standards to revive Malawi's groundnut export industry.
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.
| Investment | Total invested | Investment type | Start date |
|---|---|---|---|
| Afri-Oils | $4,750,000 | Debt / Equity & Technical assistance | 2016 |
| 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 |