AgDevCo has invested US$3-million in Quinta da Bela Vista Limitada (QBV), a Mozambican based 128-hecture irrigated banana estate. The company was established in 2016 as joint venture between Silverstreet Capital and Crookes Brothers. The stake acquired was not disclosed.
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. Across Sub-Sahara Africa, AgDevCo has invested over $170-million linking over 480,000 smallholder farmers to profitable markets and creating over 11,000 jobs.