A regional leader in the production of grain storage bags.
AgDevCo’s long-term debt investment into Pee Pee Tanzania Limited (PPTL) will allow the company to expand its manufacturing capacity, including setting up a new dedicated factory for the production of grain storage bags. The storage bags offer smallholder farmers a simple and low-cost way of storing grain and seed without using chemicals to control insect pests. They are durable and can be stored in family homes.
| Investment | Total invested | Investment type | Start date |
|---|---|---|---|
| Africado | - | Debt / Equity & Technical assistance | 2019 |
| Equity For Tanzania Limited (EFTA) | $7,600,000 | Debt / Equity | 2015 |
| Pee Pee Tanzania Limited (PPTL) | $5,000,000 | Debt / Equity | 2020 |