AgDevCo

AgDevCo is a specialist impact investor operating exclusively in the African agriculture sector. Their mission is to build successful African agribusinesses through long-term investment and support to deliver positive impact at scale. They invest debt and equity in African agribusinesses to create jobs, improve food security, and boost prosperity. With $340 million assets under management, they have made over 88 investments to date (of which 51 exited). Their investments leverage private capital into socially-responsible farming and agri-processing businesses in Africa, with major benefits for smallholder farmers and local communities.

AgDevCo's investment strategy focuses on providing long-term, risk-tolerant capital to early-stage and more established agribusinesses. They offer flexible, long-term capital, including senior debt, mezzanine debt, equity, and working capital, with ticket sizes ranging from $3 million to $15 million. Their investments span various sectors, including avocado, macadamia, poultry, aquaculture, palm oil, bananas, cashews, and forestry. They also provide technical assistance to support the development of their investee companies.

AgDevCo's approach is to 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, they provide on-the-ground technical support and specialist agricultural advice to management teams. They are committed to promoting a diverse and inclusive workplace and portfolio, aiming to increase the gender and racial diversity of their people across the whole organisation, including on their Board, Investment Committee, and Executive Committee.