Fedgroup is sowing new seeds and this time, we’re taking root across Africa. As part of our diversification strategy, we’re branching out beyond South Africa’s borders.
Fedgroup is sowing new seeds and this time, we’re taking root across Africa. As part of our diversification strategy, we’re branching out beyond South Africa’s borders.
So, what’s the deal? Fedgroup has co-funded the purchase of a citrus farm in South Africa, with additional expansions on farms in Mozambique and Zambia. The focus is on two deliciously lucrative products: citrus and avocados. Our partners, Verdant Orchards, bring a proven track record of success in African agriculture, and together with one of Europe’s largest development financial institutions, we’re set to grow this opportunity into something really special.
This isn’t just about farming, it’s about transforming rural communities. The farms will create much-needed jobs, many of them skilled positions that can change the trajectory of local economies. And it’s not just about pay cheques, we’re working with our partners to go beyond job creation. Plans are already underway to build a school on one of the farms. It’s all about giving back, while still turning a profit.
Thanks to a thorough due diligence process and some creative structuring, we’re confident this project will yield great returns. And with a strong local presence on the ground, our partners are well-positioned to handle any risks of operating in foreign markets. This expansion is just the beginning. Africa’s agricultural potential is enormous, and with the right structures and partners in place, we’re ready for further growth. We’ve set clear milestones to track our progress – from hectares planted to jobs created, and everything in between.
