AgDevCo and Centurion Agricultural Partners have invested a large undisclosed amount in Nakifuma Farming Company. The funding will be used for a new 390 pig breeding and finishing unit in Kampala, Uganda. Nakifuma will use this expansion opportunity to meet the demand for pork as a sought after protein in the Ugandan market which has the second highest per capita consumption of pork in Africa.
AgDevCo is an impact investor specializing in agribusiness investments in Sub-Sahara Africa. AgDevCo’s portfolio consists of over 50 investments in production, processing and distribution. AgDevCo is headquartered in London with representative offices in Zambia, Malawi, Tanzania, Uganda, Rwanda, Ghana and Sierra Leone.