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|
|East Africa Fruits Farm & Company Limited||$400,000||Debt / Equity||2015|
|Equity For Tanzania Limited (EFTA)||$5,000,000||Debt / Equity||2015|
|Kilombero Plantations Limited (KPL)||$9,370,000||Debt / Equity||2014|
|Kingchick Poultry||$255,000||Debt / Equity||2017|
|Lungu Limited||$320,000||Debt / Equity||2013|
|Ndoto Farms Limited||$90,000||Debt / Equity||2013|
|Rungwe Avocado Company (RAC)||$2,130,000||Debt / Equity & Technical assistance||2014|
|Sasumua Holdings Limited||$2,340,000||Debt / Equity||2012|
|Suma Hydro Power Project||$2,505,000||Debt / Equity||2016|
|Wakulima Tea Company (WTC)||-||Technical assistance||2016|