AgDevCo Invests $7.2M Into EFAfrica Group to Empower Farmers and SMEs Across Africa - Innovation Village | Technology, Product Reviews, Business
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AgDevCo invests $7.2M into EFAfrica Group to empower farmers and SMEs across Africa - Innovation Village | Technology, Product Reviews, Business
AgDevCo, a specialist impact investor focused on agriculture in Africa, has announced a follow-on investment of $7.2 million in its long-standing portfolio company, EFAfrica Group (EFAG). Structured as a long-term loan, the funding is designed to help EFAG scale its operations and extend its reach to more farmers and agribusinesses across the continent. EFAG plays a critical role in Africa’s agricultural ecosystem by offering equipment leasing s…
Agri-food SMEs – Access to agricultural finance continues to expand in Eastern and Southern Africa. On 3 September 2025, British investor AgDevCo announced a new $7.2 million commitment to EFAfrica Group Limited (Efag), an agricultural leasing company based in Mauritius. This support aims to strengthen Efag's agricultural leasing offer to small and medium-sized agri-food enterprises (SMEs) in Kenya, Tanzania and Zambia. Many agri-food SMEs face …
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