AgDevCo has approved a US$3 million revolving facility for Tradin Organic, an organic cocoa farming company based in Sierra Leone. The loan will be used by Tradin Organic to purchase cocoa from up to 20,000 certified farmers as well as develop a larger network of farmers in the region by providing education on improved harvesting and fermenting techniques. The company started its operations in 2017 and has since expanded its operations through its network of cocoa farmers within Sierra Leone.
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.