Equity Loan/Debt

AgDevCo

Posted 11 months ago
$2,000,000 - $10,000,000

Description

AgDevCo is a specialist investor in African agribusinesses. They invest to grow sustainable and impactful agribusiness. AgDevCo provides more than just capital; they are long-term partners for growth and impact.

Funding Procedure

Check if your business meets AgDevCo's investment criteria. AgDevCo invests in African SME agribusinesses that work with smallholder farmers and demonstrate commercially viable business models and measurable benefits for local communities. They also require all investees to adopt environmental, social, and governance best practices Contact AgDevCo. SMEs can get in touch with AgDevCo through their website or LinkedIn page. Submit a business plan. SMEs will need to provide AgDevCo with a detailed business plan that outlines their business model, financial projections, and impact on local communities and the environment Go through the due diligence process. AgDevCo will conduct a thorough due diligence process to assess the SME's business model, financials, and impact. This process can take several months Receive funding. If the SME is approved for funding, AgDevCo will provide debt and/or equity financing typically between $2-10 million Eligibility: Proven business model (and full business plan and financial operating history for larger investments) Strong management team potential for long-term growth Potential positive impact on people, economies and the environment and in line with our Investment Policy and Procedures.

Target Impact

Targeting primary food production and processing companies where they believe they can make the most impact. However, they invest right across the supply chain – from inputs (e.g. high-yielding seeds) to logistics.

Contacts

Ivan Ssenyonjo: Investment Manager - issenyonjo@agdevco.com

ADDITIONAL FMC INFO

They have a long-term outlook, recognizing that some of our early-stage agribusinesses can take ten years or more to reach maturity. That means they can support agribusinesses that would otherwise struggle to secure financing on affordable terms and also improve their chances of developing into viable, commercial businesses. They are also willing to provide smaller ticket sizes to projects with promising commercial and development impact. To maintain a balanced investment portfolio, and reduce our overall risk profile, we also finance expansion projects in more mature agribusinesses with proven business models. These projects typically generate earlier cash flow and pay-back periods.