Established in 2005, Goldenlay has a fully automated layer production facility and includes backward integration into irrigated and dryland cropping. AgDevCo’s investment provides a long-term financing solution which allows the business to better finance current operations and deliver on expansion and value addition projects.
Goldenlay drives impact at both ends of the supply chain, buying maize and soya from smallholder farmers and selling affordable protein to millions of Zambian consumers, with a focus on distribution to low-income households through informal markets.
| Investment | Total invested | Investment type | Start date |
|---|---|---|---|
| Goldenlay | - | Debt / Equity | 2019 |
| Katito Farming Enterprises Ltd | $9,200,000 | Debt / Equity & Technical assistance | 2017 |
| Saise Farming Enterprises Ltd (SFEL) | $5,715,000 | Debt / Equity & Technical assistance | 2016 |