Overview

Name: Agricom Africa Limited

Founded: 2009

Headquarters: Nyerere Road, Kamata (opposite Mkuki Mall), Dar es Salaam, Tanzania.

Branches / Presence: Offices and service centers across several regions, including Dar es Salaam, Morogoro, Dodoma, Mbeya, and Kahama.

Mission, Business Focus & Services

Agricom Africa positions itself as a leading player in agricultural mechanization in Tanzania, aiming to provide farmers with modern, efficient solutions across the agriculture value chain.

Key offerings include:

Machinery & Equipment: Tractors, power tillers, combine harvesters, and implements such as rotavators, threshers, and balers.

Engines & Spare Parts: Authorized dealer and service center for engines, with availability of parts and maintenance support.

Mechanization Support: Services for land preparation, harvesting, post-harvest processing, and machinery maintenance.

Financing Solutions: Partnerships with financial institutions to provide affordable equipment loans and repayment plans.

Partnerships & Initiatives

With Tanzania Agricultural Development Bank (TADB): Collaboration to make tractors and other mechanization tools more affordable to farmers through subsidized loans and favorable repayment terms.

With Stanbic Bank Tanzania: Agreement to modernize agriculture by financing up to 80% of equipment costs, with repayment terms extending up to 60 months.

Agricultural Exhibitions: Active participant in national agricultural fairs such as Nane Nane, where they showcase equipment and hand over machinery to farmers.

Reach & Impact

Customer Base: More than 8,000 active customers, including smallholder farmers and agribusinesses.

Dealer Network: Promoted as one of the largest agricultural equipment dealer networks in Tanzania.

Role in Modernization: Contributing to the shift from manual to mechanized farming practices, supporting food security and agricultural productivity.

Areas Less Clear

Some details about Agricom Africa are not widely publicized, including:

Financial performance (revenue and profitability).

Ownership and management structure.

Depth and reliability of after-sales services in remote areas.

How credit risk is managed when offering loans in partnership with banks.