Aggregator and processor of cotton, sesame, sunflower, maize and chilies.
AgDevCo is providing $5,000,000 in working capital to GADC as part of a consortium with other social lenders. Established in 2009, GADC provides inputs, training and marketing access for tens of thousands of local farmers and was one of the first commercial companies to establish operations in northern Uganda following the end of the civil war.
AgDevCo’s SDU team has supported a successful outgrower scheme in the Kitgum area and is now improving farming skills in the West Nile region. The $810k budget is being used to develop a modular training programmme for conventional and organic cotton, sesame and chilies, spanning activities from land preparation to post-harvest handling, with an emphasis on organic farming. The project aims to increase crop yields and quality, link over 30,000 smallholder farmers to reliable markets, and improve access to finance.
| Investment | Total invested | Investment type | Start date |
|---|---|---|---|
| Great Lakes Coffee | $4,000,000 | Debt / Equity | 2018 |
| Gulu Agricultural Development Company (GADC) | $7,000,000 | Debt / Equity & Technical assistance | 2016 |
| Nakifuma Farming Company | $3,140,000 | Debt / Equity | 2019 |