Agri-Vie Fund II

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Agri-Vie Fund II is a private equity fund focused on the food and agribusiness sector in Sub-Saharan Africa, with a mission to generate lasting socio-development impacts through its equity investments. The fund is a successor fund to Agri-Vie Fund I that was launched in 2008.
Fund I invested in 12 portfolio companies across East and Southern Africa, including South Africa, Mozambique, Tanzania, Kenya, Rwanda, Uganda and Ethiopia. The fund invests across the broad food and agricultural sector, capitalising on the thriving African markets for processed food as well as export opportunities. Its portfolio companies include dairy, proteins (beef, poultry, aquaculture products and plant protein), condiments, fresh convenience foods, non-alcoholic beverages as well as food ingredients.

  • Investment amount (€):

    $10M

  • Contract signature :

    2017

  • Nature of intervention :

    Equity

  • Development impacts :

    • 1 — Local economic growth: The fund will provide equity finance to SMEs to finance expansion and productivity
    • 2 — improvements.
    • 3 — Private sector consolidation/innovation: The investment team is led by senior partners with many years of experience helping businesses in different sectors & countries grow.
    • 4 — Food security & rural goods: Agri-Vie invests in the East and Southern African food & agribusiness sector. Employment generation, rural development, food security and consumer choice are enhanced by the fund’s investments.
    • 5 — Promotion of ESG best practices: All investees are required to sign up to Agri-Vie’s ESG and impact protocol which commits the companies and their management to internationally recognised ESG performance standards.