Ugandan poultry company, aiming to reach a production capacity of 8-10 million chicks per annum.
AgDevCo’s debt investment into Uzima Uganda provides the funding required for the expansion of operations in Uganda including production of day-old chicks for local smallholder farmers. To achieve this, Uzima is investing in setting and stocking up a new farm at Buruli, expanding its hatchery capacity and increasing its feed production volume. This is expected to expand Uzima’s production capacity to 8-10 million birds a year over a 5-year period.
| Investment | Total invested | Investment type | Start date |
|---|---|---|---|
| Nakifuma Farming Company | $3,140,000 | Debt / Equity | 2019 |
| New Forests Company | $10,000,000 | Debt / Equity & Technical assistance | 2022 |
| Uzima Chicken (Uganda) | $5,000,000 | Debt / Equity & Technical assistance | 2022 |