About this opportunity
AgDevCo Ventures is seeking high-potential early-stage agribusinesses in East Africa for investment of between US$1 million and US$3 million . The investment vehicle, launched by AgDevCo , provides patient capital and hands-on business support to help promising agricultural SMEs scale sustainably.
AgDevCo announced a US$49 million first close for the Ventures vehicle in August 2026. What AgDevCo Ventures Offers Selected businesses can receive: US$1 million–US$3 million in investment capital Mezzanine loans with terms of up to 8 years Low interest rates with an equity kicker linked to business performance Extended grace periods to reduce pressure on business cash flow Financing that does not dilute voting rights Potential matching grant funding for technical assistance Support for smallholder farmer outgrower programmes Support for gender and climate initiatives Operational, strategic and agronomic advice from AgDevCo specialists.
This is investment rather than a conventional grant . Businesses should therefore be prepared for investment due diligence and the applicable financing terms.
Eligibility
AgDevCo Ventures is looking for businesses that meet the following criteria: At least three years of operating history Up to US$5 million in gross assets Up to US$7. 5 million in annual revenue Already generating revenue, although they do not yet need to have positive EBITDA A high-impact business model with potential to scale profitably A capable and committed management team.
Eligible Countries The current AgDevCo Ventures focus covers five East African countries: 🇪🇹 Ethiopia 🇰🇪 Kenya 🇷🇼 Rwanda 🇹🇿 Tanzania 🇺🇬 Uganda. Nigerian businesses are not eligible under the current AgDevCo Ventures geographic focus.
Eligible Sectors Businesses can operate anywhere across the agricultural value chain, including: Agricultural production Horticulture Aquaculture Arable farming Oilseeds Poultry and livestock Agricultural inputs AgTech Agricultural logistics Food and beverage/FMCG Agricultural processing. Development Impact AgDevCo looks for businesses that can create or sustain positive outcomes for at least one of these groups: Smallholder farmers Employees Entrepreneurs Customers.
The investment process also assesses gender impact and Black African representation, alongside environmental, social and governance (ESG) considerations. What Makes This Opportunity Different?
AgDevCo Ventures is not simply providing capital. It works alongside investee businesses on both operational and strategic issues , including commercial and agronomic support.
The organisation can also connect portfolio companies to its networks and provide specialist support to help businesses improve their management, operations and growth prospects. For agribusinesses that have already established a revenue-generating operation but need significant capital to reach the next stage, the US$1 million–US$3 million investment range can provide substantial room for expansion.
Application timeline
There is no fixed
Application timeline
stated on the official AgDevCo Ventures page. Applications are evaluated on merit.
Eligible businesses interested in being considered should contact AgDevCo directly rather than waiting for a specific application window.
Application steps
Businesses that meet the investment criteria can contact AgDevCo Ventures at [email protected] to discuss their investment opportunity. View the official AgDevCo Ventures investment criteria
Sources and verification
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