INCREASING RURAL INCOMES BY UNTAPPING HIGH-POTENTIAL LAND.
Real lives
Isabel Vilanculo, WESTFALIA FRUTO, Mozambique
Together with partner, Westfalia South Africa, AgDevCo’s support has helped Mrs Vilanculos to be amongst the first Mozambican exporters to sell into the EU market. Earnings from litchi exports have been invested in irrigation, which she expects will double revenue this year and represents a first step towards transforming Mozambique into a fruit exporting country.
"My business aspirations have been transformed and so has my family’s livelihood."
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Mozambique – our social impact
Investment
$19,230,129
COMMITTED INVESTMENTS*
Jobs created
1,036
JOBS CREATED OR SUSTAINED
Livelihood
48,691
FARMERS LINKED TO MARKET
Lift
$155
INCREASE IN INCOME PER SMALLHOLDER FARMER
Rural Mozambique

The Challenges

68% of people in Mozambique live in rural areas (2014), with 57% of the rural population living in poverty (2009) and almost entirely reliant on subsistence and rain-fed agriculture. Poverty is increasing in the central region as a result of low agricultural productivity, limited access to improved seed and fertilisers and a risk of drought. The most vulnerable farmers are women, who face restrictions to land and credit owing to existing gender relations in rural communities.


Our approach

AgDevCo has been investing in Mozambique since 2009, made possible through support from the Norwegian government.  Initial funds were invested on behalf of the BAGC Catalytic Fund and are focused geographically in the Beira corridor – a large area with huge and, as yet, untapped agricultural potential. Funds were boosted in 2011 by a grant from Small Foundation which enabled us to expand our activities and strengthen our operational capability in Mozambique.


Country Facts
  • Population (2014): 26,472,977
  • Poverty incidence (2010) at $1.25/day: 82%
  • Life expectancy at birth (2013): 55 years
  • GDP/Capita (2014): $619
  • Agricultural share of GDP (2011): 29.0%
  • % of population living in rural areas (2014): 68.0%
  • % of rural population living in poverty (2009): 57%
  • Food Security Ranking (2015): 103 out of 109

Sources: World Bank, FAOSTAT, Global Food Security Index

We believe we can make more impact by looking for new ways to tackle poverty in the regions where we work.
If you believe your business meets our investment criteria, we want to hear from you.
Contact us

Our Mozambique Investments
INCLUDING THOSE MADE ON BEHALF OF THE BAGC CATALYTIC FUND