Seven-year debt investment into a Malawian poultry operator

13 September 2017. London. AgDevCo, a social impact agribusiness investor, announced a $1.8m, seven-year debt investment into a Malawian poultry operator. Food and Feeds Wholesalers Ltd, trading as Kapani, is expanding its poultry operations and developing a global standard processing unit.

• Kapani is expanding its poultry production and processing capacity to meet growing customer demand for quality meat products. The company will expand its cold chain infrastructure and build a modern processing unit. 
• Kapani will also establish a buying programme from local farmers, providing training and a reliable market.
• Kapani specializes in dressed poultry products for the local market. AgDevCo's investment will help the company expand its market in Malawi and, in the longer term, within the East Africa region.
• The outreach programme will work with up to 1,000 small-scale chicken producers under contract. Kapani will buy and process the chickens and sell them under a new brand targeting the value segment.