The $18m loan to Terra and African Milling Company Congo was issued in the wake of a decision by the institution to double its commitment to Africa's agriculture sector.
The agri data and analytics company was sold by SFW Capital, a New York-based private equity firm; its third time to change hands in six years.
The regenerative agriculture start-up has hired an EBRD banker to join its now four-strong team.
The first in a series of articles about regenerative agriculture as an agri investment strategy, this piece aims to introduce some of the concepts behind the movement.
Accessing capital remains a challenge but a large deal for a local biotech firm last year points to the sector's potential, according to Israeli agtech incubator Trendlines.
The West African forestry investment company recently secured $10m from a Nordic DFI to help further fund its operations.
Phoenix Africa Development's 'Lion Mountains' project is raising $1.5m to start farming a small plot of land, a pilot phase it hopes will help raise further funding for the $22m project.
The law firm conducted a survey of 80 professionals across the agribusiness, banking, consulting, commodity trading, food retail and not-for-profit sectors and noted the improving conditions for agri investment.
CoBank, a national cooperative bank, has anchored the public-private fund with a $10bn commitment to be used in loans. The fund hopes to attract additional private capital from institutional investors.
The private banking arm of BofA Merrill Lynch has a growing farm and ranchland investment business, currently with $1.1bn in AUM.







