East Africa Fruits
EDFI AgriFI invested $1.5 million in East Africa Fruits, a distributor of fresh fruits, vegetables & grains, from rural farmers towards urban customers.
EDFI AgriFI committed circa € 1.3 million to support the East Africa Fruits’ scale up. The financing has been allocated to develop operations and invest in additional trucks, collection centres and machinery, aiming to reach 10,000 farmers by 2025.
East Africa Fruits production, trading and distribution business is committed to minimise post-harvest losses by reducing intermediaries in the food value chain.
AgriFI funding aims to support the company’s activities scale up: financing additional trucks, collection centres and machinery while providing working capital to keep sourcing
from more farmers.
- 100% out grower model with repayment of value to smallholders
- Reinforcement of domestic value chain & food security, tackling a structural issue of post-harvest losses
- Highly scalable mode
€1.3 million and €1.8 million
2021 and 2024