Capital behind licensed operators on leased African land
Agric-Dev is an agricultural investment group. We partner with licensed operators developing regulated African land into an asset both institutions and individual investors can hold a direct stake in. We do not cultivate and we do not hold licences in our own name. Our first project is Kongo-Green, labelled Project 01. Project 02 is Ngandu Estate, the group's own landed scheme, and it opens after the Project 01 raise closes.
Project 01 · Kongo-Green
| Fact | Detail |
|---|---|
| Project | Kongo-Green, Project 01 |
| What it is | A pharmaceutical-grade cannabis cultivation, processing and export facility, built to the GACP standard and engineered for the EU-GMP pathway, with every batch traceable from seed to certificate. |
| Where | Kongo Central Province, Democratic Republic of Congo, on the Atlantic side of the country. |
| Size and tenure | 15 hectares, held under formal lease. Agric-Dev does not buy land in this project. |
| Operator | Galvin Pharma SARL (DRC), which holds the lease and runs the facility in-country. |
| Holding company | Galvin Holding B.V. (Netherlands), which sits above the operator and holds the corporate and IP structure. |
| The raise | €9,790,000, funding a 23% equity position in Galvin Holding B.V. plus a 3% warrant position. Units priced from roughly €100 on the retail route; the same instrument at institutional scale. |
| Representative | Robby Rorijs, Galvin Pharma SARL and Galvin Holding B.V. |
Project 02 · Ngandu Estate
| Fact | Detail |
|---|---|
| Project | Ngandu Estate, Project 02. Opens after the Project 01 raise; terms released to the registered list first. |
| Where | Kwilu-Ngongo, Mbanza-Ngungu territory, Kongo Central, DRC. Eight kilometres from the road corridor, in the province of the Port of Matadi. |
| Size and tenure | 1,800 acres held under customary clan title by the Kalunga ni Mbamba clan, managed under contract by Ngandu Estate Management. Registration of a formal concession is stated as work to be done. |
| Campus | A fifty-hectare licensed GACP campus, planned on the estate. |
How the model works
- The operator holds the lease and the licence pathway and runs the facility. Galvin Pharma SARL carries the farming.
- The holding company holds the structure. Galvin Holding B.V. owns the operator and the corporate and IP structure above it.
- Agric-Dev's raise buys equity in the holding company: a 23% stake plus a 3% warrant position, for €9,790,000.
- The raise is divided into units so the same equity position can be entered at retail or institutional scale. A unit is a proportional economic interest in Agric-Dev's position, not a share of a harvest and not a parcel of land.
- Contracted demand precedes production. No crop is planted against hope: that is the rule the model is built on.
- Three entities, three revenue lines. Cultivation, processing and warehousing sit in separate group entities, so each can serve third-party clients as well as Kongo-Green itself. Processing and warehousing is expected to become the group's largest earner over time.
Standing
A licence is either held or it is not. The register on the homepage states, document by document, what is confirmed, what is in process and what is still to be confirmed against the project's own paperwork. As of September 2026: the DRC is registered with the INCB as a cannabis-producing country and reports through the I2ES import and export system; Galvin Pharma SARL holds a pharmaceutical processing and API authorisation, and the same licence is in process for the Kongo-Green entity. Every other item, including the cultivation licence, import and export authorisations, site inspection, environmental assessment and the lease document itself, is shown as to be confirmed rather than guessed. No export revenue is assumed before an export authorisation is in hand.
Why Kongo Central
Kongo Central is the DRC's Atlantic-facing province, home to the country's principal sea ports and to a long history of commercial agriculture, on the equator: twelve hours of daylight every day of the year and no heating season. These are properties of latitude and geography, not operational efficiencies. The cost advantage still has to be converted through certification, which is why the facility is built to the standard from the first drawing.
Glossary
| Term | Meaning |
|---|---|
| GACP | Good Agricultural and Collection Practice. The EU cultivation standard for medicinal plant material, audited on site. |
| EU-GMP | Good Manufacturing Practice, Part II. The pharmaceutical standard for active substances sold into the EU. A phase-two objective. |
| GDP | Good Distribution Practice. The standard for storing and moving pharmaceutical product without breaking the chain of custody. |
| API | Active Pharmaceutical Ingredient. A processing licence for API puts an operator outside the limits that apply to flower-only producers. |
| INCB and I2ES | International Narcotics Control Board, Vienna, and its electronic import and export system. Producing countries file estimates under the 1961 Convention and report shipments through I2ES. |
| ACOREP and CMPC | Autorité Congolaise de Réglementation Pharmaceutique, the DRC's medicines regulator, and the national committee behind the licensing pathway. The two bodies behind every licence in the register. |
| Leasehold | Ground held under a formal lease for a term, as opposed to customary or freehold title. Kongo-Green is a leasehold; the raise buys equity, not land. |
| Warrant | A right to subscribe for further shares at agreed terms. Agric-Dev's position carries a 3% warrant alongside its 23% equity. |
Access
Register interest on the homepage. There is no newsletter and no calls. Documentation follows in stages after verification: structure, project, regulatory and reference first; programme, market and financial sections under undertaking; offering documents to eligible investors in permitted jurisdictions last.
Register interest