In 2012, Agrics started with a mere 1,000 smallholder clients in Western Kenya and has since grown to over 35,000 in 2016. The company is projecting a total turnover of EUR 3.0 million in Western Kenya and Northern Tanzania for 2017. Recently, Agrics has attracted financing from impact investors like Common Fund for Commodities (CFC) and Africa Enterprise Challenge Fund (AECF, part of AGRA) to support further growth towards 100,000 farmers in 2021. Agrics plans to expand into Uganda in 2018.
Are you also interested in investing in the economic development of smallholder farmers in Kenya and/or Tanzania? For more information or an introductory meeting, kindly contact Guustaaf van de Mheen (General Manager EA) at firstname.lastname@example.org.
Agrics is also on VC4Africa, the Africa platform for startup funding. VC4Africa is the largest online community of entrepreneurs and investors dedicated to building game changing companies on the continent. Take a look at our pitches for Agrics Kenya as well as Agrics Tanzania.