EXPANDING AGRICULTURAL PRODUCTION INTO DISADVANTAGED AREAS.
Real lives
EUGENE BEENE, SENIOR MARKETING AND EXTENSION OFFICER , NEW ROTATIONS FARMING ZAMBIA (NRZ), Zambia
AgDevCos investment in NRZ has enabled smallholders to diversify their cropping away from maize on which they are over-reliant. The opportunity has allowed Eugene to apply his skills in an industry he is passionate about. NRZ provides cash payments, returns grain bags to farmers and provides accurate weighing.
"IT IS A GREAT PLEASURE FOR ME INTERACTING WITH SMALLHOLDER FARMERS AND WORKING AT NRZ, A COMPANY DEDICATED TO IMPROVING SMALLHOLDER FARMER LIVELIHOODS. I ENJOY MY WORK."
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Zambia – our social impact
Investment
$19,194,912
COMMITTED INVESTMENTS
Jobs created
385
JOBS CREATED OR SUSTAINED
Livelihood
7,494
FARMERS LINKED TO MARKET
Lift
$138
INCREASE IN INCOME PER SMALLHOLDER FARMER
Rural Zambia

The Challenges

Around 60% of people in Zambia live in rural communities and around 78% of these live in poverty.  Many regions, especially those in the north of the country, have no developed commercial agriculture and there is shortage of key skills. At 10%, Zambia’s agricultural share of GPD is relatively low and it has the highest risk of food insecurity of the countries where AgDevCo is investing.

Our approach

In 2012, we announced our first investments in Zambia and, in the same year, we opened a country office.  We remain focused on expanding, through investment, existing agribusinesses in order to extend their footprint into more marginalised areas of the country.  We also invest in smallholder and emerging SME opportunities and establish product-specific focused routes to market.

Country Facts
  • Population (2014): 15,021,002
  • Poverty incidence (2010) at $1.25/day: 74%
  • Life expectancy at birth (2013): 58 years
  • GDP/Capita (2014): $1,802
  • Agricultural share of GDP (2013): 10.0%
  • % of population living in rural areas (2014): 60.0%
  • % of rural population living in poverty (2010): 78%
  • Food Security Ranking (2015): 102 out of 109

Sources:  World Bank, FAOSTAT, Global Food Security Index

We believe we can deliver more impact by making investments that help responsible agribusinesses grow.
If you believe your business meets our investment criteria, we want to hear from you.
Contact us