Jacoma cultivates macadamia orchards and operates macadamia processing facilities. BII (formerly CDC Group) invested $1.2M of equity in July 2019 and provided an additional $2.5M in 2022 as part of a wider $6M equity fundraise. Proceeds are intended to finance expansion of irrigated macadamia orchards and processing capacity. Once fully planted the company’s orchards are expected to total approximately 1,280 hectares. BII and Jacoma are extending the company’s environmental and social management system, with an ESG sub-committee focusing on land acquisition, stakeholder engagement, and climate and water risks. The investment delivers impact in Malawi and the company is domiciled in the United Kingdom; the project is active (D2383) and the profile was last updated June 2024. Jacoma operates macadamia orchards and on‑site processing facilities, producing and processing macadamia nuts. The company is expanding its farming and processing operations, including development of irrigated macadamia orchards and processing facilities. British International Investment (then CDC Group) invested to support that expansion, including an $8.0m equity commitment in December 2016 and an additional $2.5m in 2022 as part of a $6.0m fundraise alongside existing shareholders. Once fully planted the orchards are planned to total approximately 1,280 hectares. The 2022 funds were allocated to further expansion of irrigated orchards and macadamia processing capacity. Jacoma works with BII to extend its environmental and social management system (ESMS) to new farms and participates in an ESG sub‑committee to the board, focusing on land acquisition, stakeholder engagement, and climate and water risks.

Total raised

$11M

Funding rounds

2

Latest round

Equity

Latest activity

Jul 2019