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Agri-Vie Fund II falls just short of $150m target but EXEO managing partner Herman Marais says food and agri remains a ‘logical entry point’ for long-term investors who want exposure to Africa.
Government-backed programs provide a safety net for private investment into developing nations, which will be crucial in addressing global hunger and driving returns as the asset class evolves.
The pest becomes the latest amid a long list of deterrents and setbacks that could suppress investor demand in the region.
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