Middle East/Africa

The sub-Saharan forestry investor has been steadily divesting its 2010 vehicle and has raised $115m for a successor fund, which reached its final close in April 2020.

Founder Josh Tetrick says becoming a public company ‘makes sense’ for Eat Just as it seeks to change global food value chains and attracts sovereign wealth funds.

Innovative approaches to ag have secured backing from state-linked investors in a region where food security is high on the political agenda, as is local power politics.

The African impact investor fell short of its $300m target but continues to target IRRs ‘in the twenties,’ says managing partner Stuart Bradley.

Pulse Agri Investments and Tene Investment Funds plan to bolt on additional agtech services that will benefit from Ahern’s distribution network and established status.

Partner Marc Stoneham says Ivory Coast will be the first focus of a growth effort that will initially target regional expansion before pushing into the rest of the continent.

Senior managing director Matt Jansen discusses the ongoing shift from globalization to nationalism and how political conditions have shaped his career in global ag markets.

The firm intends to draw on its inaugural fund’s ‘very successful' investment in Farefield Dairy as it seeks to support Glacier Products’ expansion across Africa.

Managing director Jim Heyes said the firm 'did pretty well' on the purchase price agreed on with Nile Fibreboard but declined to disclose the monetary value.

Among the businesses to receive backing is Nanoracks, a frequent user of the International Space Station that is building a research center in the emirate to explore harsh climate food production.