SAISE FARMING ENTERPRISES LTD

Our social impact
livelihood
IMPROVED LIVELIHOODS

The project is expected to produce enough small-sized seed for 104 smallholders and it will create 80 FTE jobs (50% women).
Lift in income
UPLIFT IN INCOME
Farmers will be able to grow potatoes using affordable seed. This will lead to an income uplift of c.$316 per farmer per annum. Employees will receive an income uplift of c.$1,060.
Food security
FOOD SECURITY
Currently seed potatoes in Zambia are 100% imported. Local production will enable a more reliable local supply (50% import substitution). Wheat and soybeans are also to be grown, improving local food security.
Community
IMPROVED COMMUNITIES
Employment in an area where there is currently little formal employment. Farm is expected to act as catalyst for establishment of fertiliser, agrochemical and technical expertise in the area.
Overview
The Challenges

Zambia currently imports close to 100% of its seed potato requirements. This project will allow for import substitution as well as export opportunities. The farm is also intended to kick-start investment in an area where there is currently little formal agricultural investment. Power outages, potato pests and diseases as well as droughts provide a challenging environment for growing seed potatoes, hence a reliable power supply and irrigation are paramount for the successful cultivation of this crop.

Our Approach

AgDevCo’s initial investment of $3.9m was used to establish irrigation (250ha) and power. In addition, farm equipment, sheds, cold stores and machinery were purchased, enabling crops to be grown under irrigation and ensuring security against droughts. Potatoes are also grown in the winter, the period of lowest disease pressure, and are to be stored in climate-controlled warehouses for the following year’s distribution to farmers. In 2017, based on the highly positive reviews of the 2016 crop (Saise seed being preferred by most commercial farmers to imports), and higher than expected customer interest in the 2017 crop AgDevCo approved a $2.3m follow on investment into Saise Farm for additional cold stores. Katito Farms has been contracted to grow on behalf of Saise Farm.

Our Impact
  • The farm will grow c50ha of seed potatoes annually at steady state.

  • Export enquiries received for c.500t of seed equating to 30% of annual production.

  • First two years’ of produce successfully harvested and marketed.

  • 55ha of irrigation to be established annually leading up to a final 217ha of irrigated production.

     



     

     

investment
$ 5,586,884
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