Together with other DFIs, the World Bank affiliate will provide training to farmers in the east African nations as part of an effort to strengthen connections with local and international produce markets.
Archive | Deals
IFC backs Chinese fertilizer company with $200m
The World Bank’s private sector arm will provide equity and debt as a part of an effort to encourage a shift away from inefficient, environmentally harmful agricultural fertilizers in China.
Gladstone buys California pistachio, almond farms
The REIT paid some $13.6m for four contiguous farms at a time when tree nuts stand to benefit the most from increasing global middle class consumption.
Arlon takes stake in Brazilian dairy company
The food and agri private equity firm has acquired a minority stake in Betânia.
Impact fund backs Madagascar vanilla farmers
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.
Costa family puts fruit farms up for sale
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.
Stafford resigns as Phaunos fund manager
The global investment and advisory firm is helping select a sales manager for assets that remain within the listed timber fund after shareholders voted to wind the company down in June.
Monsanto’s venture arm leads $24m Series C
The firm co-led the round in biologicals start-up NewLeaf Symbiotics alongside Otter Capital, bringing capital raised by the company to nearly $50m.
Serruya Private Equity backs hydroponics wholesaler
The investment seeks to capitalize on what the company sees as an ‘inflection point’ in both commercial and personal use of hydroponic equipment.
Temasek touts agri growth as part of long-term focus
The $197bn sovereign wealth fund groups agriculture together with life sciences, technology and three other sectors that its says reflect a rebalancing in favor of long-term opportunities.