We made an equity investment in this mixed arable farming business in the Southern Tanzania Highlands. The aim was to increase the area under cultivation, increase the livestock herd, build processing facilities for meat and wheat; as well as add a new input variety to the market – seed potatoes. MFL is positioned to create jobs in a depressed local economy and increase capacity by supporting and leasing land from local smallholders.
Our investment will affect up to 125,000 local smallholders by providing them with clean seed potatoes resulting in 3-5 times the current yields, and stimulate farming a crop that has been neglected for over 30 years. In addition, MFL will improve local farmers’ access to inputs and technology; create infrastructure to help bring their products to market; and contribute to the development of the Southern Tanzanian Highlands – one of the most promising underutilized areas of agriculture production in East Africa.