AgDevCo inks third Africa agribusiness deal in a month



“Zambia potatoes, Mozambique bananas and Malawi chickens,” wrote AgDevCo co-founder Chris Isaac on LinkedIn.

That isn’t tonight’s menu at the company’s London HQ. It’s the three deals the agribusiness investor has signed in the last few weeks (ImpactAlpha covered the first two here).

The latest is a $1.8 million debt investment in Kapani, a Malawi poultry firm. Kapani will buy and process chickens from more than 1,000 smallholder farms to meet Malawi’s growing demand for meat.

AgDevCo, backed by the U.K. development agency DFID, has invested over $100 million in 53 agribusinesses across Africa.

More on the smallholder investment opportunity.

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