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Mozambique Agri
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    South Korea Boosts Food Aid to Mozambique with $7.6 Million

    South Korea Boosts Food Aid to Mozambique with $7.6 Million

    Mozambique Allocates Land for Zambia’s Dry Port in Nacala

    Mozambique Allocates Land for Zambia’s Dry Port in Nacala

    Mozambique’s Cashew Industry Surges, Nearing Historic Production Peaks

    Mozambique’s Cashew Industry Surges, Nearing Historic Production Peaks

    Youth Month Inspires Africa’s Next Generation of Sustainability Leaders with Student Innovation Competition

    Youth Month Inspires Africa’s Next Generation of Sustainability Leaders with Student Innovation Competition

    SERNIC Seizes Elephant Tusks in Tete, Three Arrested

    SERNIC Seizes Elephant Tusks in Tete, Three Arrested

    Maputo–Matola Intermodal Transport Integration Launches Pilot Phase

    Maputo–Matola Intermodal Transport Integration Launches Pilot Phase

  • Africa
    Youth Month Inspires Africa’s Next Generation of Sustainability Leaders with Student Innovation Competition

    Youth Month Inspires Africa’s Next Generation of Sustainability Leaders with Student Innovation Competition

    Mozambique and Neighbours Exit UN Hunger Hotspot List as Harvests Rebound

    Mozambique and Neighbours Exit UN Hunger Hotspot List as Harvests Rebound

    Unitrans Innovates to Meet Africa’s Logistics Demands

    Unitrans Innovates to Meet Africa’s Logistics Demands

    ASI Expands into Autonomous Construction with SoftBank

    ASI Expands into Autonomous Construction with SoftBank

    The Great African Land Rush: A Harvest of Hope or a Recipe for Strife?

    The Great African Land Rush: A Harvest of Hope or a Recipe for Strife?

    Africa’s Hunger Pains: A Continent on the Brink as Global Trade Wars Bite

    Africa’s Hunger Pains: A Continent on the Brink as Global Trade Wars Bite

  • Company
    South Korea Boosts Food Aid to Mozambique with $7.6 Million

    South Korea Boosts Food Aid to Mozambique with $7.6 Million

    Mozambique Allocates Land for Zambia’s Dry Port in Nacala

    Mozambique Allocates Land for Zambia’s Dry Port in Nacala

    Maputo–Matola Intermodal Transport Integration Launches Pilot Phase

    Maputo–Matola Intermodal Transport Integration Launches Pilot Phase

    Polluted Rivers Force Farmers to Abandon Agriculture in Manica

    Polluted Rivers Force Farmers to Abandon Agriculture in Manica

    Mozambique and Neighbours Exit UN Hunger Hotspot List as Harvests Rebound

    Mozambique and Neighbours Exit UN Hunger Hotspot List as Harvests Rebound

    Mozambican Cotton Czar Reaffirms Global Clout

    Mozambican Cotton Czar Reaffirms Global Clout

  • International
    Coral-rich Northern Mozambique Channel just became a UN World Restoration Flagship – Comoros, Madagascar, Mozambique and Tanzania involved

    Coral-rich Northern Mozambique Channel just became a UN World Restoration Flagship – Comoros, Madagascar, Mozambique and Tanzania involved

    Business Leaders from Mozambique and Dubai Talk New Investment Prospects.

    Business Leaders from Mozambique and Dubai Talk New Investment Prospects.

    India and Japan Forge Closer Ties with Billions in Development Loans

    India and Japan Forge Closer Ties with Billions in Development Loans

    Arrigoni Earns Gender Equality Certification

    Arrigoni Earns Gender Equality Certification

    Dutch Investors Eye Mozambique’s Agricultural Potential in Beira

    Dutch Investors Eye Mozambique’s Agricultural Potential in Beira

    Invictus Investment Bolsters African Footprint with Acquisition of Mozambique’s Largest Flour Miller

    Invictus Investment Bolsters African Footprint with Acquisition of Mozambique’s Largest Flour Miller

  • Markets
    Mozambican Sugar Exports Surge 50% to $36m, Bouncing Back from Cyclone Impacts

    Mozambican Sugar Exports Surge 50% to $36m, Bouncing Back from Cyclone Impacts

    It is through collective efforts and pursuit of mutual agreements and regional approaches and strategies that SADC can fully address national and intercountry investments on agriculture

    Mozambique, Saudi Arabia enhance agriculture cooperation

    Zoetis Holds First A.L.P.H.A. Plus Initiative Meeting in Kenya

    Zoetis Holds First A.L.P.H.A. Plus Initiative Meeting in Kenya

    It is through collective efforts and pursuit of mutual agreements and regional approaches and strategies that SADC can fully address national and intercountry investments on agriculture

    It is through collective efforts and pursuit of mutual agreements and regional approaches and strategies that SADC can fully address national and intercountry investments on agriculture

    Africa’s local ownership drive must balance foreign investment

    President Nyusi reminds investors of the agricultural opportunities available in Mocuba District

    Russia-Ukraine war poses upsides risks on African agriculture: Economist

    Russia-Ukraine war poses upsides risks on African agriculture: Economist

  • Equipment
    Atlas Copco and JR Compressors Make Strong Impression at Nampo 2025

    Atlas Copco and JR Compressors Make Strong Impression at Nampo 2025

    Telehandlers Drive Efficiency on South African Farms

    Telehandlers Drive Efficiency on South African Farms

    Unitrans Innovates to Meet Africa’s Logistics Demands

    Unitrans Innovates to Meet Africa’s Logistics Demands

    ASI Expands into Autonomous Construction with SoftBank

    ASI Expands into Autonomous Construction with SoftBank

    El Niño’s Grim Toll: UN Plea for €196 Million to Rescue Drought-Stricken Mozambique

    El Niño’s Grim Toll: UN Plea for €196 Million to Rescue Drought-Stricken Mozambique

    Clean Cooking Takes the Spotlight in Africa’s $40B Energy Drive

    Clean Cooking Takes the Spotlight in Africa’s $40B Energy Drive

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  • News
    • All
    • Crops
    • Diary
    • Fresh Produce
    • Game & Wildlife
    • Livestock
    South Korea Boosts Food Aid to Mozambique with $7.6 Million

    South Korea Boosts Food Aid to Mozambique with $7.6 Million

    Mozambique Allocates Land for Zambia’s Dry Port in Nacala

    Mozambique Allocates Land for Zambia’s Dry Port in Nacala

    Mozambique’s Cashew Industry Surges, Nearing Historic Production Peaks

    Mozambique’s Cashew Industry Surges, Nearing Historic Production Peaks

    Youth Month Inspires Africa’s Next Generation of Sustainability Leaders with Student Innovation Competition

    Youth Month Inspires Africa’s Next Generation of Sustainability Leaders with Student Innovation Competition

    SERNIC Seizes Elephant Tusks in Tete, Three Arrested

    SERNIC Seizes Elephant Tusks in Tete, Three Arrested

    Maputo–Matola Intermodal Transport Integration Launches Pilot Phase

    Maputo–Matola Intermodal Transport Integration Launches Pilot Phase

  • Africa
    Youth Month Inspires Africa’s Next Generation of Sustainability Leaders with Student Innovation Competition

    Youth Month Inspires Africa’s Next Generation of Sustainability Leaders with Student Innovation Competition

    Mozambique and Neighbours Exit UN Hunger Hotspot List as Harvests Rebound

    Mozambique and Neighbours Exit UN Hunger Hotspot List as Harvests Rebound

    Unitrans Innovates to Meet Africa’s Logistics Demands

    Unitrans Innovates to Meet Africa’s Logistics Demands

    ASI Expands into Autonomous Construction with SoftBank

    ASI Expands into Autonomous Construction with SoftBank

    The Great African Land Rush: A Harvest of Hope or a Recipe for Strife?

    The Great African Land Rush: A Harvest of Hope or a Recipe for Strife?

    Africa’s Hunger Pains: A Continent on the Brink as Global Trade Wars Bite

    Africa’s Hunger Pains: A Continent on the Brink as Global Trade Wars Bite

  • Company
    South Korea Boosts Food Aid to Mozambique with $7.6 Million

    South Korea Boosts Food Aid to Mozambique with $7.6 Million

    Mozambique Allocates Land for Zambia’s Dry Port in Nacala

    Mozambique Allocates Land for Zambia’s Dry Port in Nacala

    Maputo–Matola Intermodal Transport Integration Launches Pilot Phase

    Maputo–Matola Intermodal Transport Integration Launches Pilot Phase

    Polluted Rivers Force Farmers to Abandon Agriculture in Manica

    Polluted Rivers Force Farmers to Abandon Agriculture in Manica

    Mozambique and Neighbours Exit UN Hunger Hotspot List as Harvests Rebound

    Mozambique and Neighbours Exit UN Hunger Hotspot List as Harvests Rebound

    Mozambican Cotton Czar Reaffirms Global Clout

    Mozambican Cotton Czar Reaffirms Global Clout

  • International
    Coral-rich Northern Mozambique Channel just became a UN World Restoration Flagship – Comoros, Madagascar, Mozambique and Tanzania involved

    Coral-rich Northern Mozambique Channel just became a UN World Restoration Flagship – Comoros, Madagascar, Mozambique and Tanzania involved

    Business Leaders from Mozambique and Dubai Talk New Investment Prospects.

    Business Leaders from Mozambique and Dubai Talk New Investment Prospects.

    India and Japan Forge Closer Ties with Billions in Development Loans

    India and Japan Forge Closer Ties with Billions in Development Loans

    Arrigoni Earns Gender Equality Certification

    Arrigoni Earns Gender Equality Certification

    Dutch Investors Eye Mozambique’s Agricultural Potential in Beira

    Dutch Investors Eye Mozambique’s Agricultural Potential in Beira

    Invictus Investment Bolsters African Footprint with Acquisition of Mozambique’s Largest Flour Miller

    Invictus Investment Bolsters African Footprint with Acquisition of Mozambique’s Largest Flour Miller

  • Markets
    Mozambican Sugar Exports Surge 50% to $36m, Bouncing Back from Cyclone Impacts

    Mozambican Sugar Exports Surge 50% to $36m, Bouncing Back from Cyclone Impacts

    It is through collective efforts and pursuit of mutual agreements and regional approaches and strategies that SADC can fully address national and intercountry investments on agriculture

    Mozambique, Saudi Arabia enhance agriculture cooperation

    Zoetis Holds First A.L.P.H.A. Plus Initiative Meeting in Kenya

    Zoetis Holds First A.L.P.H.A. Plus Initiative Meeting in Kenya

    It is through collective efforts and pursuit of mutual agreements and regional approaches and strategies that SADC can fully address national and intercountry investments on agriculture

    It is through collective efforts and pursuit of mutual agreements and regional approaches and strategies that SADC can fully address national and intercountry investments on agriculture

    Africa’s local ownership drive must balance foreign investment

    President Nyusi reminds investors of the agricultural opportunities available in Mocuba District

    Russia-Ukraine war poses upsides risks on African agriculture: Economist

    Russia-Ukraine war poses upsides risks on African agriculture: Economist

  • Equipment
    Atlas Copco and JR Compressors Make Strong Impression at Nampo 2025

    Atlas Copco and JR Compressors Make Strong Impression at Nampo 2025

    Telehandlers Drive Efficiency on South African Farms

    Telehandlers Drive Efficiency on South African Farms

    Unitrans Innovates to Meet Africa’s Logistics Demands

    Unitrans Innovates to Meet Africa’s Logistics Demands

    ASI Expands into Autonomous Construction with SoftBank

    ASI Expands into Autonomous Construction with SoftBank

    El Niño’s Grim Toll: UN Plea for €196 Million to Rescue Drought-Stricken Mozambique

    El Niño’s Grim Toll: UN Plea for €196 Million to Rescue Drought-Stricken Mozambique

    Clean Cooking Takes the Spotlight in Africa’s $40B Energy Drive

    Clean Cooking Takes the Spotlight in Africa’s $40B Energy Drive

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Mozambique Agri
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AgDevCo aims to develop the banana industry in Mozambique

Ian by Ian
July 28, 2021
in Business, Crops, Fresh Produce, News
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AgDevCo aims to develop the banana industry in Mozambique
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AgDevCo’s investment in Mozambique is expected to aid QBV’s growth by providing long-term capital. AgDevCo has announced its most recent investment in the country’s agriculture industry. The social impact investor from the United Kingdom has finalized a USD 3 million loan investment in Quinta da Bela Vista Limitada (QBV), an irrigated banana farm in Mozambique’s Boane region.

QBV was established in 2016 as a joint venture between Silverstreet Capital’s Silverlands I Fund and Crookes Brothers Limited (JSE: CKS) and currently comprises 128ha of irrigated bananas. QBV’s strategy is to expand the operation to 260ha over the next two years. Crookes Brothers have a proven track record in the banana sector in South Africa providing QBV with expertise and a marketing channel into South Africa. SilverStreet is one of Africa’s largest dedicated investors in the agricultural sector with investments in eight countries on the continent.

QBV currently employs over 240 people, with further growth in jobs expected as a result of the expansion.

The banana industry is a key source of employment, improving the livelihoods of local communities. The export of bananas offers Mozambique the opportunity to increase foreign exchange revenue

“AgDevCo’s funding of QBV will enable the company to expand and create employment opportunities in an optimal banana-growing area in southern Mozambique. They have been an ideal funding partner for QBV, structuring the loan to suit the needs of the company,” said Simon Morgan, Director of QBV.

“We are delighted to back QBV and partner with Crookes and Silverstreet in developing the banana industry in the Boane area, helping to build sustainable impact and bring in export revenue,” said Charlotte Dubois, Investment Director at AgDevCo.

AgDevCo is a specialist investor in African agriculture. We invest to grow sustainable and impactful agribusiness. Our vision is a thriving commercial agriculture sector that benefits both people and the planet. We contribute to this by investing in and supporting agribusinesses to grow, create jobs, produce and process food and link farmers to markets. We reinvest our capital to reach a higher impact which ensures efficiency and change at scale. We support our partners to work towards climate sustainability, and where possible, regenerative solutions. AgDevCo’s current portfolio has $149m of committed funds into 46 companies.

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