Kingchick Poultry

Chicken rearing, slaughter and processing facility, supplying the local economy at affordable prices.

Investment information

$255,000
Committed investment
$255,000
Investment made
Primary production with added-value activity
Primary value chain focus
Committed investment
Investment made
Primary value chain focus

Expected impact

30

Jobs created / maintained

$45,000
Total annual income for employees
780T
Annual food for local consumption

Jobs created / maintained

Total annual income for employees
Annual food for local consumption

Our role

AgDevCo has helped this female-owned enterprise to improve the supply of high-quality chicken to the local economy at affordable prices. Through live sales off-take with a major Tanzanian processor, as well as through local networks of agents and outlet stores, Kingchick is boosting the local consumption of poultry meat. AgDevCo's investment has also been used to develop a food safety certified processing facility for poultry slaughtering and dressing.

Smart investment and support
Success breeds success
Consumption of high-quality protein in Tanzania remains significantly below global and African standards. There is a growing local demand for higher-quality poultry meat but prices are often too high owing to lack of supply. Kingchick's success to date is already demonstrating the benefits of broiler chicken rearing to local small-scale farmers, further growing the supply of affordable poultry to the market.

Our investments in Tanzania

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