AgDevCo is a social impact investor and project developer operating exclusively in the agriculture sector in Africa. Our mission – to reduce poverty and improve food security – is underpinned by our belief that the best route out of poverty for the majority of Africa's rural poor is the development of profitable agriculture with strong links to markets.

We invest in socially-responsible businesses, operating across the supply chain, which have the potential to make a major positive social impact in their communities. In addition to direct investment, we provide on-the-ground technical support and specialist agricultural advice to management teams.

Currently working in six African countries, and with plans to expand into a further four, we are raising agricultural productivity, increasing incomes, creating employment opportunities and, in doing so, helping to reduce food insecurity, hunger and under-nutrition in rural communities.

Company Growth (employees)
Type
Private
HQ
London, GB
Size (employees)
85 (est)+5%
Agdevco is headquartered in London, GB

Agdevco Office Locations

Agdevco has offices in London, Accra, Maputo, Kampala and in 3 other locations
London, GB (HQ)
Peer House 8 14 Verulam St
Lusaka, ZM
Independence Ave
Lilongwe, MW
Capital Hill Cir
Maputo, MZ
Avenida De Maguiguana
Show all (7)

Agdevco Data and Metrics

Agdevco Financial Metrics

Agdevco's revenue was reported to be £1.3 m in FY, 2016 which is a 65% increase from the previous period.
GBP

Revenue (FY, 2016)

1.3 m

Revenue growth (FY, 2015 - FY, 2016), %

43%

Net income (FY, 2016)

395.5 k

Cash (31-Dec-2016)

38 m
GBPFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

5.2 m308.7 k766.2 k1.3 m

Revenue growth, %

(94%)148%43%

Pre tax profit

(92.1 k)319.5 k400.4 k

Net Income

(175.8 k)398 k395.5 k
GBPFY, 2014FY, 2015FY, 2016

Cash

36.1 m27.3 m38 m

Current Assets

38.1 m39.9 m44.4 m

PP&E

8.3 m15.2 m29.7 m

Goodwill

27.7 k80.9 k64.1 k

Total Assets

46.4 m55.1 m74.2 m

Accounts Payable

212.5 k255.4 k375.5 k

Current Liabilities

977.3 k1.5 m1.2 m

Total Liabilities

46.3 m54.7 m73.3 m

Retained Earnings

(175.8 k)398 k395.5 k

Total Equity

63.7 k471.6 k867.2 k

Financial Leverage

728.6 x116.9 x85.5 x
GBPFY, 2014FY, 2015FY, 2016

Cash From Operating Activities

(12.7 m)(20.5 m)(26.4 m)

Cash From Financing Activities

32.8 m6.6 m38.4 m

Income Taxes Paid

(83.7 k)78.5 k(4.8 k)
GBPY, 2016

Revenue/Employee

19.8 k

Financial Leverage

85.5 x

Agdevco Online and Social Media Presence

Agdevco Company Life and Culture

You may also be interested in