Business specialising in the purchasing and distribution of fresh fruits and vegetables through a strong network of smallholder producers.
AgDevCo’s investment has enabled the purchase of key cold-storage infrastructure, refrigerated delivery vehicles and a central pack house and cold storage facility required for business expansion. The investment is being made on a phased basis and AgDevCo will continue to advise the business on its expansion plans and outgrower engagement, including the promotion of farming best practices and contracting top-performing growers.
| 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 |
| Pee Pee Tanzania Limited (PPTL) | $5,000,000 | Debt / Equity | 2020 |
| Sasumua Holdings Limited | $2,340,000 | Debt / Equity | 2012 |
| Suma Hydro Power Project | $2,505,000 | Debt / Equity | 2016 |