LUNGU LIMITED

Our social impact
livelihood
IMPROVED LIVELIHOODS

In 2017, the farm employed 11 full-time and 3 part-time employees.
Lift in income
UPLIFT IN INCOME
Selling improved animals to local livestock keepers improves the quality of local cattle and facilitates more resilient and profitable farmers.
Food security
FOOD SECURITY
Helps meet the local demand for high quality beef.
Community
IMPROVED COMMUNITIES
Improved quality of cattle within the local supply chain.
Overview
The Challenges

Meat production is an important part of the Tanzanian agricultural sector and a key contributor of protein to the nation’s diet. With a growing middle class in Tanzania, there is a significant increase in demand for both the quantity and quality of meat produced. Lungu Limited, an extensive ranching operation in the Southern Highlands of Tanzania, required investment to improve its on-farm infrastructure and operational efficiency enabling expansion of its beef herd to supply the local market.

Our Approach

AgDevCo’s investment financed the purchase of equipment for a new, more modern handling facility on the farm, and the purchase of cows and bulls to allow for the faster expansion of the herd, as well as improve the overall herd genetics, leading to higher quality beef production.

Our Impact
  • Improvement of the local beef cattle value chain.
  • Engagement with and selling of improved cattle to local livestock keepers.
  • Average income uplift of $700 per employee in 2017.
investment
$320,000
Committed Investment
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