Irrigated rice and maize operation in the Kilombero Valley of Tanzania, with a dedicated outgrower programme.
AgDevCo has funded the construction of an on-site biomass gasifier plant, powered by rice husks (a by-product of the rice milling process) and enabled the roll-out of the 3,000-ha irrigation scheme. AgDevCo is also promoting the development of KPL’s outgrower programme, facilitating input credit packages and off-take contracts for smallholder farmers, previously trained by the company.
|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|