Moz-Agri is a goat/cattle/sheep producer and processor established in 2009 that operates in Barue, in the Manica province. It aims to provide a reliable and fair market for smallholder farmers to sell their goats and cattle, and to fulfil the growing demand for high quality packaged meat. The company started by buying goats on a large scale in Manica and Tete and plans to expand this to address the unmet demand across Mozambique. The company started in 2009 on virgin land and under extremely difficult conditions.
AgDevCo, on the behalf of the BAGC, has made an equity investment and also provided shareholder loans worth $582,407 to fund, amongst others, the construction of an abattoir and working capital. Prior to this, the original Directors and shareholders invested $582,407 in capital and operation costs over a period of two years. This foundation laid by the original shareholders together with AgDevCo´s involvement has attracted other investors, such as Banco Terra, GAIN and FINAGRO to help the business expand.