Kalliope Gourntis
The funds will be used to build enabling infrastructure, including 750 hectares of irrigation systems, in Cabinda Province, improving smallholders’ access to agricultural inputs and credit.
Hortau is also sponsored by Avrio Ventures and Capital régional et coopératif Desjardins, a subsidiary of the Business Development Bank of Canada.
The seafood company was launched three years ago, with US buyout firm Bregal Partners acting as sponsor.
The Hong Kong-based firm, which bills itself as the most active PE investor in the Central Asian nation, will acquire a controlling stake in Aina Dairy Farm.
Arkéa and Groupama are among those that helped the French agri investment firm raise its equity capital to €440m.
The province has allocated funding for 30 projects from its Agriculture Development Fund as part of a C$3bn program that is also backed by the federal authorities.
The bank will help Altiparmak Gida, a leading honey producer, expand its range of natural products and develop a new apitherapy line.
Jacques Lefebvre, most recently chief of the Dairy Processors Association of Canada, has been appointed as the national trade body's new boss.
The development bank’s cash infusion will help the Singaporean agribusiness trader invest in its existing operations in Egypt, Georgia, Poland, Turkey and Ukraine.
The Riverstone-backed wood pellets supplier has entered into its third joint venture with the life insurer as it looks to serve growing overseas demand.