africa | January 6, 2018

AgDevCo re-ups with Zambian farming venture

The team at


Katito Farming Enterprises aims to increase local agricultural production and processing in northern Zambia and to connect smallholder farmers to regional export markets.

AgDevCo, a London-based impact investor, invested almost $2 million in the farm, after a $5 million investment last year. Funds will be used to help Katito work with new crop varieties and to build a new plant.

The region has 33,000 small farms that could benefit from Katito’s work. AgDevCo has invested $110 million in 56 agribusinesses in Africa.