Greenfield avocado and litchi farm hub that aims to transform Mozambique into a recognised fruit-exporting country.
AgDevCo has partnered with Westfalia South Africa to create a farm hub that will transform Mozambique into a fruit-exporting country. A 25% equity stake was taken by AgDevCo to finance land clearance and avocado orchard planting. A loan was also committed to purchase farming equipment and for working capital purposes. AgDevCo is also playing a pivotal role in the design and implementation of the outgrower scheme.
|Investment||Total invested||Investment type||Start date|
|AC Matama||$500,000||Debt / Equity||2014|
|Citrum||$5,575,000||Debt / Equity||2017|
|ECA||$3,500,000||Debt / Equity||2011|
|Eco Farm||$4,030,000||Debt / Equity||2012|
|RDI Limitada||$890,000||Debt / Equity||2012|
|Westfalia Fruto||$7,870,000||Debt / Equity||2014|