Helping to build businesses, create jobs and improve lives

Wellspring is a consulting company focused primarily on African agribusiness markets. We work alongside private, public and third-sector partners providing project development services, strategic management and investment advice.

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Sectors

  • Agribusiness
  • Impact Investing
  • Renewables, Conservation and Climate
  • Management Training
  • Media and Publishing

See some of our clients and partners

Featured Wellspring projects

East Africa Industry Development with Msingi
  • Penny Hayler

East Africa Industry Development with Msingi

Mike Shaw is currently providing services as a senior adviser to the Gatsby Charitable Foundation’s Africa team with a particular current focus on the development of a new East African institution called Msingi.

Msingi is an ambitious and innovative new East African industry development organisation aiming to contribute to the structural transformation of East Africa’s economies by supporting the growth of industries with high potential for competitiveness in the region.

The Gatsby Charitable Foundation and the UK Department for International Development (DFID) have committed GBP 30 million in total to fund Msingi’s first 5 years, and Gatsby is in the process of setting up the organisation through 2015.

Mike is helping Msingi primarily with appraisal and strategy development for potential work in the East African aquaculture, soybean, livestock feeds and broader white protein agricultural sub-sectors.

Click on article header above for more information…

Maize Milling Investment in Mozambique
13,500 smallholder farmers will have access to improved inputs and linkages to reliable markets
  • Michael Shaw

Maize Milling Investment in Mozambique

Empresa de Comercialização Agrícola Ltd (ECA) is a market-oriented extension programme boosting the incomes of smallholder farmers near Chimoio in the Sofala Province of Mozambique. ECA supplies inputs on credit and provides extension advice, engaging farmers with individual land holdings of 0.5 to 2 hectares.

Reporting to AgDevCo/BAGC and the Senior Management Team of ECA, Wellspring were asked to project manage the development of a business/project plan, financial model and due diligence for further investment into a downstream Maize Grits and Flour Milling operation.

The investment was approved and as a result over 13,500 smallholder farmers will have access to improved inputs and linked to reliable markets, providing incremental incomes of $10.1 million over the first seven years of the project.

  • Michael Shaw

What would a genuinely African system of business learning look like?

We are currently engaged in an action-research exercise aimed at developing a self-funding system to build capacity among rural businesses, working with Kenya Markets Trust and the Open University in the UK.

Things are going well and we are beginning to see what a genuinely African version of open and distance learning for small businesses might look like. One that operates at scale and very low cost; that builds on existing groups; and that tackles the daily challenges…

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Our news blog

Tea Sector Investment in Tanzania

Michael Shaw has recently completed pre-feasibility investment studies and due diligence for a potential tea sector investment in Tanzania on behalf of AgDevCo. For one year, Michael held the role of Country Director for AgDevCo Tanzania Ltd based in Dar es Salaam and is now consulting for AgDevCo on their projects and investments in East and Southern Africa.

Executive Director AgDevCo Tanzania

Michael Shaw has accepted an Executive Director position with AgDevCo, a long standing Wellspring client. AgDevCo has more than $140 million of funds under management and to date has made >40 investments, with individual deals ranging in size from $250,000 to $10million. Michael will be Executive Director and Country Director for Tanzania. The Tanzania portfolio currently has commitments of $30.8 million.

Northern Kenya Livestock Inputs Market

Co-funded by bilateral donors, Kenyan businesses and NGOs, we have carried out detailed field research and completed a market report on Northern Kenya’s livestock input markets titled ‘Time for change: The impact of recent livestock emergency interventions on the future of sustainable service delivery in Northern Kenya’.

Get in touch with Wellspring

Contact us by phone on +44 1761 221 127 or +44 7958 522 644


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