Overview

Manderly Agriculture is a controlled-environment agriculture company producing premium gourmet vegetables — tomatoes, microgreens and aromatics — for the hospitality sector in Cabo Verde. Founded on Ilha do Sal, the company runs a fully operational hydroponic and greenhouse facility supplying international hotel chains including Robinson, Hilton and Meliá, with RIU in the pipeline. In Q1 2026 alone, Manderly harvested 7 tonnes of tomatoes from just 1,000m² under cultivation, and projects €120–140K in revenue this year from tomatoes, microgreens and aromatics combined.

The company has built the infrastructure to scale on Sal — solar power, water storage, and fertirrigation systems sized for expansion up to 10,000m² — along with a warehouse, office and a solid operating team. Manderly differentiates itself from lower-cost local competitors through consistent quality, commercial reliability and a brand identity built around sustainability, social impact and gourmet-grade local produce, in a market where hotels are increasingly prioritizing trusted local suppliers over cheaper alternatives.

Building on this proven model, Manderly is now structuring a scale-out joint venture on Boa Vista island, where a local farmers’ association holds land and access to desalinated water. Through a Spanish holding company (MAG Holdco), Manderly will contribute its production know-how, brand and existing commercial client portfolio, while the farmers’ association contributes land and water in-kind and an external investor provides growth capital. The Boa Vista project moves directly to a one-hectare greenhouse, skipping the pilot phase Manderly navigated on Sal, and is structured to combine equity investment with concessional/impact debt.

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