RDI is a litchi and avocado farm in Sussundenga, Manica province that has 20 ha of litchi under commercial management and is used as a benchmark to develop the litchi sector in the region. The first avocado test block demonstrated that avocadoes in Mozambique can be harvested earlier than in South Africa.
AgDevCo is providing the patient capital needed to establish the fruit orchards. It committed $802k in equity and a shareholder loan to finance the commercial operating costs and to develop fully mature orchards. A further $90,000 was provided as a local currency working capital loan.