Africado

Africado is a pioneer of the avocado export industry in Tanzania.

Investment information

-
Committed investment
Primary production with added-value activity
Primary value chain focus
Committed investment
Primary value chain focus

Expected impact

800
Jobs created / maintained
2,215
Smallholder farmers linked to market
$268,000
Total annual income for smallholders
Jobs created / maintained
Smallholder farmers linked to market
Total annual income for smallholders

Our role

AgDevCo’s investment will allow Africado to grow its avocado estate operations, expand the outgrower scheme and increase its pack-shed capacity to accommodate higher production from its own estate and from outgrowers. Thus, strengthening a sustainable business which provides economic benefit to the local community in terms of employment, access to market and income uplift for smallholder farmers and nationally by increasing export earnings.

AgDevCo has supported Africado with TA for the implementation of integrated pest management (IPM) trials to identify ways to sustainably phase out/replace harmful chemicals in line with the business' economic goals and international requirements. Further TA support was provided to the business for capacity building and the development and implementation of good practice aligned Environmental and Social Management System (ESMS) in line with AgDevCo’s Responsible Business Principles (RBPs) to work towards alignment with the IFC Performance Standards.

Our investments in Tanzania

Investment Total invested Start date
Africado - 2019
EFAfrica Group $9,500,0002015
Pee Pee Tanzania Limited (PPTL) $2,500,0002020