Ovos D’Ouro is an egg farm located in Morrumbene district, in Inhambane province.
Comercio Azul is a retailer business also located in Inhambane province
AgDevCo invested USD$300k in equity and USD$850k in debt into Transurban Africa. AgDevCo’s investment intends to partially address some of the imminent economic obstacles in Mozambique: high dependency on imports and lack of access to good quality and affordable protein. These funds were used to finance two operations namely Ovos D’Ouro and Comercio Azul, both owned by Transurban Africa.
Ovos D’Ouro is an egg farm located in Morrumbene district, in Inhambane province. Our investment will enable the expansion of the existing operations to become a 50,000 bird operation. The main market is Inhambane province, which now has access to affordable sources of protein.
Comercio Azul is a retail company also located in Inhambane province. It supplies low, middle, and high income earners with affordable quality products. They stock a range of products including frozen and dry goods, eggs, phone credit and drinks. Comercio Azul ensures that a substantial part of his products are procured locally, benefitting local entrepreneurs. AgDevCo’s investment will enable the increase of these retail outlets into new districts of Inhambane Province.
| Investment | Total invested | Investment type | Start date |
|---|---|---|---|
| Dawson | - | Debt / Equity | 2022 |
| ECA | $3,330,000 | Debt / Equity & Technical assistance | 2011 |
| Quinta da Bela Vista Limitada (QBV) | $4,500,000 | Debt / Equity | 2021 |
| Transurban | $4,150,000 | Debt / Equity & Technical assistance | 2018 |
| Westfalia Fruto | $6,615,000 | Debt / Equity & Technical assistance | 2014 |