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|Sector||Agriculture and agribusiness|
|Technology Area||Regenerative agriculture, Climate-smart agriculture|
|Total fund ask||1M - <5M|
|Security / preferred instruments||Straight equity, Grant, Mezzanine e.g. convertibles|
The project entails sourcing of avocado fruits from approx. 5,000 small-holder farmers in Southern Tanzania with a planned capacity of 8,000 tons per annum. The company will market its crude oil to European market via international avocado oil marketer that will off-take 100% of the produce at the market rates for a 3-5% as commission. An agreement with the marketer has already been reached in principle.