The ‘hub farm’ of the Northern Zambia Agricultural Hub (NZAH), producing commercial and seed maize, and seed potatoes.
AgDevCo is the lead investor and developer of Katito Farm, partnering with two other shareholders. Katito produces mainly seed maize and seed potatoes. Seed potatoes are produced under irrigation both as an outgrower for Saise Farm as well as direct production. Approval has been given to establish seed potato handling and cold storage infrastructure on Katito.
|Investment||Total invested||Investment type||Start date|
|Goldenlay||-||Debt / Equity||2019|
|Ilobezi Limited||$1,200,000||Debt / Equity||2016|
|Katito Farming Enterprises Ltd||$9,200,000||Debt / Equity||2017|
|Saise Farming Enterprises Ltd (SFEL)||$5,715,000||Debt / Equity||2016|