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Large-scale mango farming in Tanzania

Country Tanzania
Sector Agriculture and agribusiness, Climate change adaptation
Technology Area Climate-smart agriculture
Stage Scaleup enterprise
Total fund ask 1M - <5M
Security / preferred instruments Straight equity, Mezzanine e.g. convertibles
The company's primary business model involves farming, processing, selling & distribution of mangoes and the related products locally and overseas. Main activities include farming and supplying of fresh mangoes to the local Tanzania market from 130 acres with about 10,000 trees. The company is also able to produce during the off season period (February – April) thereby maximizing prices.

The company is seeking to expand the operation to cover the available 400 acres and maximize production while improving economies of scale, introduce improved varieties and venture into value-addition (drying, concentrate, juice & pulp).