Social impact investor AgDevCo has established the Lending for African Farming Company with the German development bank and debt provider Root Capital to provide sub-Saharan African farming enterprises with reliable access to finance.
The African development investment firm is investing $1.8m into the scheme through its Silverlands Fund.
The venture capital investment firm has invested in EM3 AgriServices, a provider of farm operations services aimed at increasing smallholder farmer productivity by 20%.
The UK's Aberdeen Asset Management has agreed to buy FLAG Capital Management in a deal that will double the assets managed by its private equity unit.
Just two out of 11 countries researched in the region, Jordan and Oman, invest more than 1 percent of agricultural output in research, according to the International Food Policy Research Institute.
After Syngenta rejected Monsanto’s $44.5bn takeover offer last month, Monsanto has said it will keep pursuing the deal.
DJI and Accel Partners have launched the $10m SkyFund to invest in drone start-ups and more broadly across robotics and intelligent machines. Airware's Commercial Drone Fund follows suit.
LPs are raising the stakes on GPs’ responsible investment policies. Managers that haven’t yet responded will need to do so soon, including smaller ones with limited budgets, argues Kelly Holman, senior reporter at Private Equity International in New York.
The precision agriculture data management tool provider will use the funding to help expand its operations in Russia, Brazil, Australia and the US.
4Front Capital has completed its first round of capital raising to make strategic investments in the production and distribution of cannabis in various states in the US, leveraging off its consultancy business.