twitter RSS Feed linkedin acp contact

Uzima Poultry receives US$3mn boost

East Africa poultry company Uzima Poultry has received a US$3mn follow-on investment to increase food security and improve livelihoods for smallholder farmers East Africa

AFThe investment was supported by the Agribusiness Deal Room of the African Green Revolution Forum (AGRF). (Image source: Adobe stock)

'Uzima Chicken', a leading distributor of high-quality, dual-purpose day-old chicks in East Africa, has received a follow-on investment of US$3mn from AgDevCo.

The investment will contribute to transformation of the poultry industry in Rwanda and Uganda, providing smallholder farmers with high-quality, highly productive birds that can thrive in the local context. Through the Uzima breed, smallholder farmers and their families will have the opportunity to diversify their incomes and build resilience, while consuming more affordable nutritious animal protein.

Dr Fadel Ndiame, deputy president of AGRA, said, “The investment into Uzima Chicken will help the company work towards its mission to make smallholder farmers healthier and wealthier and achieve its vision to ensure each household in Rwanda have at least one chicken per year.”

The investment was supported by the Agribusiness Deal Room of the African Green Revolution Forum (AGRF). The AGRF is Africa’s premier agriculture conference, with its Deal Room being a leading platform for matchmaking high potential African agri-SMEs to investors.  Incubated by the AGRF partners and the Government of Rwanda, the Deal Room’s Investment Facilitation Program contributed to thesuccessful transaction by paying for a comprehensive market and competitor analysis study, led by the Cross Boundary Group, an advisory services firm.

Claire Akamanzi, the CEO at Rwanda Development Board and Rwanda Cabinet member, stated, “We want to work with the private sector to identify and link them to opportunities where they will thrive. We are pleased that Uzima has responded to our conducive business environment, to which we welcome their continued growth.” 

The investment facilitation work is a critical component of the year-round engagement of the AGRF Deal Room. It serves to address the challenges business and investors face in raising and deploying capital while serving as a feedback loop for various supporting initiatives. Since its establishment in 2018, the Deal Room has brought the spotlight on Africa’s growing poultry and animal feed sector. The Deal Room also serves to advance and accelerate transactions towards successful deal signing and closure. 


LATEST NEWS IN Poultry

3 million households in Zimbabawe to receive poultry chicks

3 million households in Zimbabawe to rec…

The revamped Presidential Rural Poultry Scheme in Zimbabwe will see as many as 3 million households receiving 10 indigenous poultry chicks each, as part of a targeted empowerment programme

Optimal ventilation vitally important in broiler farms

Optimal ventilation vitally important in…

Broiler farms need to prioritise maintenance of ventilation systems to ensure healthy and productive livestock as well as avoid unexpected costs, according to experts at one of the leading ventilation...

INDICAL BIOSCIENCE partners with Evonik for innovation in monitoring poultry health

INDICAL BIOSCIENCE partners with Evonik …

INDICAL BIOSCIENCE, part of the Vimian Group, announced a partnership with Evonik to develop and expand precision monitoring solutions in poultry through the ScreenFloX service

European Trade Commission approves imports of Moroccan poultry

European Trade Commission approves impor…

Through an amendment legislation, the European Trade Commission has placed Morocco on the list of countries authorised to export poultry products to EU member countries 

Namibia mulls developing poultry sector standards

Namibia mulls developing poultry sector …

Namibia is planning to develop poultry industry standards to boost growth in the sector, an official said

South Africa trade alliance demands removal of taxes on chicken

South Africa trade alliance demands remo…

The South African Informal Traders Alliance (SAITA) has asked the government to do away with tariff taxes and VAT on chicken products

Prev Next

OTHER RELATED ARTICLES - Poultry

Screening for pathogenic microorganisms in food

Screening for pathogenic microorganisms …

The Tentamus Agriparadigma Laboratory in Syracuse is further developing rapid screening methods for the search of pathogens such as Salmonella spp., Listeria spp. and monocytogenes

Astral Foods to open Mozpintos hatchery in Mozambique

Astral Foods to open Mozpintos hatchery …

South African poultry producer Astral Foods has announced the launch of its new Mozpintos broiler hatchery in Mozambique

South Africa agrees to resume US poultry imports

South Africa agrees to resume US poultry…

South Africa and the US have reached an agreement to end ‘anti-dumping’ duties on US poultry

Ross Africa to double grandparent hatchery capacity in Zambia

Ross Africa to double grandparent hatche…

Royal Pas Reform and the Academy team have enjoyed the company and participation of a host of breeder farm and hatchery managers from across the African continent, during three hatchery...

AFGRI sells its poultry business

AFGRI sells its poultry business

In a bid to strengthen its focus on the grain business, AFGRI, along with Public Investment Corporation (PIC) of South Africa, has announced the sale of its poultry business

Marel unveils IRIS FI to enhance visual quality for poultry processing

Marel unveils IRIS FI to enhance visual …

Marel, a manufacturer of food processing equipment f for meat, poultry and fish processing industries, has unveiled its quality assurance equipment, called the IRIS FI According to Marel, IRIS FI  is...

Farmer Automatic presents new pullet rearing system at EuroTier

Farmer Automatic presents new pullet rea…

German manufacturer of economic poultry housing systems, Farmer Automatic, unveiled its intelligent housing systems to visitors at the EuroTier 2012 trade show in Hanover

Zambian poultry sector shows significant growth

Zambian poultry sector shows significant…

Zambia’s poultry sector has demonstrated huge progress, regarding production, commercial and technological factors, according to the Zambian government

A biosecurity programme for healthy poultry

A biosecurity programme for healthy poul…

Biosecurity is crucial and essential for the safe and profitable production of all types of livestock, but poultry production is especially at risk for the following reasons

South Africa and US in AGOA poultry deal deadlock

South Africa and US in AGOA poultry deal…

South African and American poultry producers are deadlocked over a duty-free trade access deal

Smuggling causes US$2.75bn Nigeria poultry losses

Smuggling causes US$2.75bn Nigeria poult…

The president of the Poultry Association of Nigeria (PAN) has spoken about the issue of smuggling

INDICAL BIOSCIENCE partners with Evonik for innovation in monitoring poultry health

INDICAL BIOSCIENCE partners with Evonik …

INDICAL BIOSCIENCE, part of the Vimian Group, announced a partnership with Evonik to develop and expand precision monitoring solutions in poultry through the ScreenFloX service

Prev Next