AgDevCo invests in Tanzania based grain storage bag maker to expand operations

TANZANIA – AgDevCo, the UK-based social impact investor in the Sub-Sahara Africa agricultural sector has issued a long-term debt investment to Pee Pee Tanzania Limited (PPTL), a regional leader in the production of grain storage bags. PPTL having operations across Eastern and Southern Africa and owning rights to manufacture and distribute storage bags across the region, plans to expand its manufacturing capacity, including setting up a new dedicated factory for the production of grain storage bags with the acquired investment. “We greatly look forward to working closely with the AgDevCo team…

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UK-based AgDevCo invests in Zambia’s leading eggs supplier Goldenlay

ZAMBIA – AgDevCo, the UK-based social impact investor has expanded its agri investment portfolio in Zambia with a multi-million USD debt investment in Goldenlay, the market leader in table eggs in the country. Established in 2005, Goldenlay has a fully automated production facility and includes backward integration into irrigated and dryland cropping. It supplies an affordable source of protein to millions of Zambian consumers, with a focus on distribution to low-income households through informal markets. “The AgDevCo facility provides a long-term financing solution which allows the business to better finance…

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