South Africa’s Western Cape ag sector is set to receive a boost, as the province’s investment promotion agency focuses on agri-processing as a means towards economic growth and job creation.
Author Archive | Kalliope Gourntis
San Francisco-based Plenty has raised $200m from Japan’s SoftBank Group and other high-profile investors in what it calls ‘the largest agriculture technology investment in history’.
L3F, an impact fund backed by four major multinationals, will invest €2m in a project aimed at helping smallholder farmers triple their revenue while improving the quality of vanilla.
The 14 berry and citrus farms could fetch as much as A$300 million, according to Kidder Williams, the agricultural corporate advisory firm executing the sale.
The country’s 177,000 businesses in the food and agribusiness sector is to identify new products, services and business models, according to CSIRO.
By acquiring the impact investment manager, Mirova intends to create a European platform dedicated to natural capital investing.
The bank is adding another £100m to the vehicle it launched last July to support farmers operating in a volatile market by enabling them to invest in their businesses.
The Albanian subsidiary of Italian bank Intesa Sanpaolo and Romanian bank Raiffeisen are the latest to join the scheme.
The deal comes one year after CITIC Agri Fund Management was established together with Yuan Longping High-Tech Agriculture and two other listed agricultural companies.
Bo Masole and Zee de Gersigny, co-founders of Victus Global Capital, talk to Agri Investor about their vision behind the impact investment firm and the $50m agri fund they’re raising.