AFGRI Operations Pty. Ltd.

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AFGRI Operations Pty. Ltd. - overview

Established

2012

Location

Centurion, -, South Africa

Primary Industry

Agribusiness

About

AFGRI Operations Pty. Ltd. is a leading agricultural services company in South Africa, specializing in grain management, animal feeds, milling services, and tailored financial solutions for the agribusiness sector. AFGRI Operations Pty.


Ltd. was founded in 2012 in Centurion, South Africa, focusing on providing agricultural support services. The company has not undergone any major business pivots or changes in strategy. It is part of a larger agricultural ecosystem, with a single recorded deal to date.


The latest deal occurred on March 19, 2025, during which AFGRI raised USD 33. 00 mn in funding from Norfund, bringing the total amount raised to USD 33. 00 mn. The founder's history and previous endeavors are not publicly available.


AFGRI is a prominent agricultural services company that offers a comprehensive range of solutions designed to support the agricultural sector. Their core product offerings include grain management and storage solutions, animal feeds, milling services, and financial services tailored for agribusiness. AFGRI's grain management services involve the collection, storage, and distribution of grains, ensuring optimal quality and supply continuity for farmers and agricultural businesses. The company also provides specialized animal feeds formulated to enhance livestock health and productivity.


Financial offerings consist of broking, insurance, and various financial solutions aimed at empowering farmers and agribusinesses. Their customer base spans across various geographical markets, including South Africa and other regions in Africa, where they serve both individual farmers and corporate agricultural enterprises. AFGRI generates revenue through a multi-faceted transaction structure that includes both Business-to-Business (B2B) and direct-to-consumer models. The company engages in partnerships with farmers and agricultural businesses, providing them with essential services such as grain storage and financial solutions.


Transactions may involve subscription-based services for their financial products or one-time fees for grain storage and milling services. For example, farmers may sign contracts for grain storage that include fees based on the volume of grain stored and the duration of storage. Additionally, AFGRI's retail services provide direct access to animal feeds and farming equipment for individual farmers, contributing to a diverse revenue stream. The company's focus on delivering quality agricultural solutions ensures a steady flow of transactions across its various service offerings.


In March 2025, AFGRI Operations Pty. Ltd. raised USD 33. 00 mn in venture funding from new investor Norfund.


This funding will be utilized for financing capital expenditures, enhancing working capital, and facilitating farmer financing. The company plans to expand its product offerings, although specific new products and their release dates have not been disclosed. AFGRI also aims to explore new geographic markets across Africa to strengthen its presence in the agricultural sector, but detailed information on targeted regions and timelines has not been provided.


Current Investors

Primary Industry

Agribusiness

Sub Industries

Crop Production, Farm Support Services

Website

www.afgri.co.za

Verticals

Agtech, E-commerce

Company Stage

Early Stage

Total Amount Raised

Subscriber access only

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