New Rotations Farming Zambia (NRZ)

Groundnut sorter, processor and marketer in Zambia.

Investment information

$1,800,000
Committed investment
$1,600,000
Investment made
Storage, distribution and trading
Primary value chain focus
Committed investment
Investment made
Primary value chain focus

Expected impact

$40,000
Total annual income for employees
5,000
Smallholder farmers linked to market
$360,000

Total annual income for smallholders

Total annual income for employees
Smallholder farmers linked to market

Total annual income for smallholders

Our role

AgDevCo's investment is being used to buy groundnuts from smallholder farmers, and finance the purchase of equipment to improve processes and quality to enable NRZ to tap into the international market. AgDevCo has also allocated funds for Business Development Services to develop a groundnut training manual and facilitate training and extension services to smallholder groundnut farmers.

Smart investment and support
Mitigating supply risk
AgDevCo's investment in NRZ has enabled smallholders to diversify cropping away from maize – effectively reducing the risks of relying on a traditional crop. NRZ's activities are also securing the continuity of local supply through improved trading conditions. By paying in cash, returning grain bags to the farmers and guaranteeing accurate weighing, NRZ is mitigating its own risks as well as those in its community.

Our investments in Zambia

Investment Total invested Investment type Start date
CHC Commodities - Technical assistance 2017
Ilobezi Limited $1,200,000 Debt / Equity 2016
Katito Farming Enterprises Ltd $7,000,000 Debt / Equity 2017
New Rotations Farming Zambia (NRZ) $1,800,000 Debt / Equity 2014
NWK Grain Handlers Limited (NGHL) $720,000 Debt / Equity 2015
Saise Farming Enterprises Ltd (SFEL) $6,135,000 Debt / Equity 2016
Silverlands Ranching Ltd (SRL) - Technical assistance 2018