Around 69% of people in Tanzania live in rural areas (2014), with one third living in poverty. Greenfield investments in Tanzania are high cost and high risk, as the country lacks basic infrastructure, such as power and water. It is also extremely difficult to access quality and affordable inputs, such as new seed varieties. As in other countries, a scarcity of management expertise, together with complex land rights and red tape, makes for a challenging operating environment.
AgDevCo first invested in Tanzania in 2012 and opened an office in the following year. Investments are made across a diverse portfolio of businesses within the agricultural sector, supporting emergent and smallholder farmers and developing greenfield sites.
Sources: World Bank, FAOSTAT, Global Food Security Index
A business specialising in the purchasing and distribution of fresh fruits and vegetables through a strong network of smallholder producers.
A 5,000 ha irrigated rice and maize operation in the Kilombero Valley of Tanzania, with a dedicated outgrower programme.
Kingchick aims to supply those part of the local economy that need quality meat but at an affordable price.
450 ha mixed farm, including horticulture, producing specialty grains and mushrooms supplied to Dar es Salaam. This investment was exited in 2016.
Dairy farm focused on the supply of fresh milk to underserved local and regional markets.
A 6,125 ha commercial farm, specialising in irrigated horticulture, principally bananas, as well as dryland pineapples and beef, and one of the area’s only formal employers.