Updated Nov 23, 2017

AgDevCo

Offered by Department for International Development as part of AgDevCo

We invest in agribusinesses which are capable of delivering a financial return and scalable social impact. Our mission – to reduce poverty and improve food security – is underpinned by our belief that the best route out of poverty for the majority of Africa's rural poor is the development of profitable agriculture with strong links to markets.

We invest in socially-responsible businesses, operating across the supply chain, which have the potential to make a major positive social impact in their communities. In addition to direct investment, we provide on-the-ground technical support and specialist agricultural advice to management teams.
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Loan, EquityType
Open Year RoundDeadline
From $250,000Amount
UnavailableDuration(Months)

Mandatory Requirements

StageStage 3: Proof of Concept and Stage 4: Transition to Scale
Implemented in:
RegionN/A
CountryGhana, Malawi, Rwanda, Mozambique, Uganda, Zambia, Tanzania and Sierra Leone
Focus AreasAgriculture
We are willing to support early-stage businesses (e.g. with less than five years’ operating history) if there is a proven business model and a strong management team.

Other Requirements

Target BeneficiariesWe are able to make direct investments in any of the eight countries in which AgDevCo currently operates (Ghana, Malawi, Mozambique, Rwanda, Sierra Leone, Tanzania, Uganda and Zambia). We can consider investment outside of these countries in partnership with established businesses that have a regional presence and a proven capability to operate on the ground.
Planned Usage of Funds

Our range of activities ensure that agribusinesses are supported with all their investment needs. We can support businesses through:

Long term, concessional finance for early stage agribusinesses

Working capital, which is provided throughLAFCoour sister company

Technical support and grant funding for smallholder schemes, through ourSmallholder Development Unit
Management TeamWe require all potential investees to be compliant with all applicable local and international laws, and to demonstrate a willingness to adopt the highest environmental, social and governance standards.
Financial StatementsWe do not consider investments below $250,000 unless there is potential for rapid growth. For larger investments, we require a full business plan and complete financial operating history.

Application Directions

Contact us here.
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