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.
Tag Archives | agribusiness
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.
TGAM Agribusiness Fund, which will invest debt to obtain non-controlling positions in family-owned businesses, added $9.6m in July to move it nearly halfway to its $600m target.
New Zealand’s avocado industry recorded its highest ever volume and value levels last season, with growing global demand attracting investors to the fruit.
The bank is adding another £100m to the vehicle it launched last July to support farmers operating in a volatile market by enabling them to invest in their businesses.
The Albanian subsidiary of Italian bank Intesa Sanpaolo and Romanian bank Raiffeisen are the latest to join the scheme.
The deal comes one year after CITIC Agri Fund Management was established together with Yuan Longping High-Tech Agriculture and two other listed agricultural companies.
The New York-headquartered agribusiness specialists are seeking between $300m and $400m for a vehicle targeting earlier-stage growth equity investments across agribusiness sectors.
Agro Merchants Group says the deal underscores the importance of Poland and Eastern Europe as key markets poised for expansion.
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.