AboutAfricado Ltd
Africado Ltd is an agricultural company that was established in 2007 in Northern Tanzania. Africado has developed and grown a business from start up to becoming the largest fruit exporter in Tanzania, producing and exporting Hass avocado to the EU. The company works with over 2,000 small scale out-growers. Norfund provided funding required by Africado to expand its orchards.
The farm is generating important export revenues to Tanzania. Avocados were introduced as a new agricultural product that provides sales revenue in an area that previously was dominated by coffee-growing. In view of the global fluctuations in coffee prices, a broader-based industrial structure reduces the vulnerability of the farmers.