Rungwe Avocado Company (RAC) is an avocado producer and exporter, linking a large number of smallholder avocado producers to export markets in Europe. The business supports over 4,100 outgrowers, providing inputs and services as well as purchasing through guaranteed off-take agreements. Additional financing was required to develop irrigation on the commercial farm and support the on-going development of its supply chain and outgrower production base.
AgDevCo’s investment of $1,500,000 has funded the installation of 100 ha of micro-jet irrigation on the commercial farm and the continued support of the outgrower scheme. The funding has also enabled further development of the cold storage supply chain and distribution channels to facilitate access to export markets.