Training in farming practices and efficient water use will come as part of a $40m program designed to help aid the West African nation recover from civil war.
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The funding will go towards increasing productivity through sustainable practices, ensuring food security, and promoting resilience and climate change mitigation.
The business was sold by Louis Dreyfus Company to Helios’ third Africa-focused fund, a $1.1bn vehicle closed in 2013.
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.
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.
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.
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.
The Enhanced Smallholder Protection Programme will look to encourage Zambia’s 61,000 smallholder farmers to transition from subsistence to market-oriented agriculture.
The Africa-focused investor has completed the acquisition of the Danish sawn timber producer as it moves to scale up its agri and forestry exposure.
The transaction marks the first exit for the firm’s Agri-Vie Fund I, which invested $4 million in the South African company in 2009.