Home Africa

Africa

€120m AfricInvest venture fund to back agtech startups

The vehicle targets family offices, DFIs, corporates and foundations as it eyes a first close by the end of the year, VC chief Selma Ribica tells Agri Investor.

Phatisa hires PE veteran as CIO

After an ag-focused stint with a foundation in London, former Bridgepoint director Robert Jenkins joins the Africa-focused firm as it continues to raise its $300m agriculture fund.

Dallas pension unwinds ag program amid separate-account mismatch

Dallas Police and Fire Pension System investment manager Ryan Wagner tells Agri Investor that an ongoing review at the $2.1bn pension includes examination of fund structures most appropriate for an agricultural investor of its size.

FMO impact loan fund reaches $250m first close

European pensions are more comfortable with debt than equity when investing in the developing world, the Dutch institution's investment management chief tells us.

EXEO partners Norfund to inject $17m into African flower grower

The firm is betting on consolidation of the global horticulture market with the second deal of its follow-on fund, which it is currently raising.

What ag can do for your sovereign fund

UK researchers believe including farmland and timber in SWFs’ portfolios enhances their long-term performance. Should we be convinced?

Lessons from an African greenfield project

Elyza Daniel, an independent consultant, worked two years on a €25m Senegalese venture that ended up not happening. What did she learn?

Nigerian SWF-backed fund buys 3,500ha of farmland

The investment was made alongside ag manager UFF, in which South Africa's Old Mutual increased its share to 49% two years ago.

Digging deep in Denmark, facing anger in Hungary

Savills' Ian Bailey tells Agri Investor that institutional investors are more risk averse today than 10 years ago, when they at least seemed curious about frontier markets.

Sub-Saharan ag needs to move beyond DFI reliance, says PE boss

The growth of Africa's middle class is 'over-hyped,' says EXEO Capital's Herman Marais as he details his firm's efforts to boost the private sector's role in its second vehicle.

Copyright PEI Media

Not for publication, email or dissemination