Equity capital commitment · Business services
AgDevCo secures up to $85m in equity commitments
BII, Swedfund and Norfund back the expansion of agricultural investment across Africa.
AgDevCo announced up to $85 million in new equity commitments on 20 February 2025 to expand its agricultural investment portfolio across sub-Saharan Africa.
British International Investment committed up to $50 million, with Swedfund providing $20 million and Norfund $15 million. The capital will support businesses across agricultural production, processing and supply chains.
The commitments build on earlier investments from BII and Norfund. AgDevCo combines patient capital with technical support to help its portfolio businesses grow and reach more smallholder farmers.
Use of funds
Expand investments in agricultural businesses across sub-Saharan Africa
Funding history
Equity capital commitment · This round≤$85M