Mtanga Foods is a meat and potato business located in Iringa, Tanzania. The company is the first and only producer of clean seed potato in Tanzania.
|
Date of initial investment
|
July 2012 |
|
Location
|
Iringa, Tanzania |
|
Business description |
Mtanga Foods is a meat and potato business located in Iringa, Tanzania. The company is the first and only producer of clean seed potato in Tanzania, and it has a first mover advantage in meat production – serving a large domestic market currently dominated by imports. An arable farming operation forms a supporting base for the meat and potato business lines. |
|
Investment rationale |
Early-entry opportunity in scalable farming operation addressing attractive domestic market; competent and incentivized management; strong correlation of financial and social performance.
|
|
Drivers of social impact |
Provision of clean seed potato to smallholder farmers is expected to double or triple yields; sourcing of cattle from local pastoralists. |