The company will provide wide-ranging benefits along the pork value chain, creating jobs and a new market for local animal feed producers, who will in turn purchase maize and soya from up to 3,300 farmers located in northern Uganda. There are also plans to develop outgrower schemes to involve smallholder farmers in rearing their own pigs.
Nakifuma will work with the recently established Pig Producers' Association to help improve animal welfare standards and help control African swine fever and other disease risks.
AgDevCo is an impact investor specialising in agribusiness investments in Sub-Sahara Africa. AgDevCo's portfolio consists of over 50 investments in production, processing and distribution. AgDevCo is headquartered in London with representative offices seven African countries.