AgriFunds

AgDevCo’s $1.2m loan to Sagana Nuts Limited will fund the construction of a new factory and purchase of equipment that allows the company to increase its processing capacity from 2,000MT to 3,000MT. With the expansion, Sagana will be able to source nut-in-shell macadamia from an additional c. 1,000 smallholder farmers as well as increase volumes from the existing ones. The proposed investment will create about 100 new jobs.