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AgDevCo #3117
Created at
2014-01-14
Last update
2024-09-13
0 Parents (Involvements as child)
19 Children (Involvements as parent)
ID
Name
Sao Hill Agriculture (SHA) Limited
Country of registration/origin
Tanzania
Classification
Private company
Relationship
Subsidiary company
Ownership share
50.00 %
ID
Name
Katito Farming Enterprises Ltd
Country of registration/origin
Zambia
Relationship
Subsidiary company
Investment type
Shares/Equity
ID
Name
Kigali Farms
Country of registration/origin
Rwanda
Classification
Private company
Relationship
Subsidiary company
ID
Name
Africado Ltd
Country of registration/origin
Tanzania
Relationship
Subsidiary company
Investment type
Shares/Equity
ID
Name
AC Matama
Country of registration/origin
Mozambique
Classification
Private company
Relationship
Beneficiary company
Investment type
Debt financing
Loan amount
500 000
Loan date
2014
Comment
AgDevCo is supporting AC Matama through a $500,000 long-term loan that finances the development of an irrigation scheme.
ID
Name
Rei do Agro Limitada
Country of registration/origin
Mozambique
Classification
Private company
Relationship
Beneficiary company
Investment type
Debt financing
Comment
The company's 2013/14 farming activities were financed by AgDevCo.
ID
Name
Westfalia Fruto Mocambique Ltda
Country of registration/origin
Mozambique
Classification
Private company
Relationship
Subsidiary company
Investment type
Shares/Equity
Ownership share
25.00 %
Loan amount
7 870 000
Loan date
2014
Comment
Committed loan amount: US$7,870,000. US$2.69 million investment made.
ID
Name
Tropha Estates Ltd
Country of registration/origin
Malawi
Classification
Private company
Relationship
Beneficiary company
Investment type
Debt financing
Loan amount
3 700 000
Comment
US$3.7 million loans. AgDevCo also has $US2 million equity in Tropha's parent company Jacoma Estates
ID
Name
Jacoma Estates Ltd
Country of registration/origin
United Kingdom of Great Britain and Northern Ireland
Classification
Private company
Relationship
Beneficiary company
Investment type
Shares/Equity
Comment
US$2.0m equity investment
ID
Name
Saise Farming Enterprises Ltd (SFEL)
Country of registration/origin
Zambia
Relationship
Subsidiary company
Investment type
Shares/Equity, Debt financing
Loan amount
1 600 000
Comment
AgDevCo is the majority shareholder and has invested US$6,135,000. AgDevCo has invested $1.7M in equity, $1.6M in long-term debt, as well as working capital loans.
ID
Name
Phata Sugarcane Outgrowers Cooperative
Country of registration/origin
Malawi
Classification
Other
Relationship
Beneficiary company
Investment type
Debt financing
Loan amount
1 600 000
Loan date
2016
ID
Name
Citrinos do Umbelúzi (Citrum)
Country of registration/origin
Mozambique
Relationship
Subsidiary company
Investment type
Shares/Equity
Comment
AgDevCo investment $1,520,000 in 2017 gives AgDevCo a significant minority stake . It has committed to a US$5,575,000 investment.
AgDevCo’s current portfolio has $149m of committed funds into 46 companies.
ID
Name
Sasumua Holdings Limited
Country of registration/origin
Tanzania
Classification
Private company
Relationship
Beneficiary company
Investment type
Shares/Equity
Comment
US$2,340,000 committed investment. US$1,680,000 investment made.
ID
Name
EcoFarm Moçambique Lda
Country of registration/origin
Mozambique
Relationship
Subsidiary company
ID
Name
Rungwe Avocado Company Ltd
Country of registration/origin
Tanzania
Classification
Private company
Relationship
Subsidiary company
Investment type
Shares/Equity, Debt financing
Ownership share
26.21 %
Loan amount
2 130 288
Comment
Agdevco has provided $2,130,288 investment: debt and equity
ID
Name
Wakulima Tea Company Limited
Country of registration/origin
Tanzania
Classification
Private company
Relationship
Beneficiary company
Investment type
Debt financing
Loan amount
228 384
Comment
US$329,440 committed budget. US$228,384 budget disbursed. AgDevCo Smallholder Development Unit provides technical assistance.
ID
Name
Kilombero Plantations Ltd.
Country of registration/origin
Tanzania
Classification
Private company
Relationship
Beneficiary company
Investment type
Debt financing
Loan amount
8 900 000
Comment
US$9,370,000 committed investment. US$8,900,000 investment made.
AgDevCo has funded the construction of an on-site biomass gasifier plant, powered by rice husks (a by-product of the rice milling process) and enabled the roll-out of the 3,000-ha irrigation scheme. AgDevCo is also promoting the development of KPL’s outgrower programme, facilitating input credit packages and off-take contracts for smallholder farmers, previously trained by the company.
ID
Name
Dekel Agri-Vision plc
Country of registration/origin
Cyprus
Classification
Stock-exchange listed company
Relationship
Beneficiary company
Investment type
Shares/Equity, Debt financing
Ownership share
9.72 %
Loan amount
7 200 000
Loan date
2019-07
Comment
€7.2million 10-year senior secured loan facility with 4-year capital repayment holiday. €6.2 million of the AgDevCo loan facility replaced an existing NSIA Bank loan while €1.0 million will support the Company's ESG activities and general working capital purposes. The ESG activities include an enhanced traceability programme and finalisation of the RSPO certification process that is currently underway at the Company's palm oil operations at Ayenouan. (https://dekelagrivision.com/ul/2019%20Final%20Results.pdf)