Kampani

Equity : January 2026

BIO has invested EUR 2 M in Equity in Kampani, an impact-first Investment Fund aiming to improve the livelihood
conditions of farmers families and their communities through supporting entrepreneurial smallholder
farming.

Amount

€ 2,000,000.00

Type of investment

Equity

Development impacts

Local economic growth
Private sector consolidation/innovation
Food security & rural development

Beneficiary locations

Africa:

Asia:

Latin America and Caribbean:

Investment field

Investment Companies & Funds

Activity

Impact-first Investment Fund

Organisation

Kampani

The Fund provides financing to cooperatives of smallholder farmers and SMEs which work closely with them. It provides growth capital for capex-heavy investments - land, buildings, equipment- and their related working capital needs. Geographically, Kampani is a global reach fund which considers investment opportunities in countries where there is an existing professional relationship between the potentialinvestee and a locally-present NGO shareholder and close partner, with a focus on Sub-Saharan Africa (min. 50% of total subscribed capital) and Latin America.

Kampani was founded by Wouter Vandersypen and supported in its foundation by several Belgian NGO’s. Kampani is a first-time fund established in Belgium as an evergreen structure with a target fund size of EUR 20 M. The Fund started with a EUR 4 M size in 2015, raised its capital to EUR 10 M in one capital increase in 2021 and, following a subsequent fundraising of EUR 4.6 M in 2023, a EUR 14.6 M size was reached by YE 2023. The firm currently employs 6 investment professionals based in Brussels.

Development impacts

Local economic growth
Kampani aims to provide small unsecured subordinated loans to up to 50 Agri-Value Chain SMEs and cooperatives mostly located in SSA (currently 69% and min. 50%) and LDCs/FCAS (48% by mid-2024), that are facing unmet capex financing needs. The acquired hardware and machinery help increase the local processing capacity and value creation, thereby supporting the activity of thousands of Smallholder Farmers (SHFs) from which investees typically source their raw material.
Private sector consolidation/innovation
BIO funding will support an unique and innovative social impact fund in terms of thematic and geographic focus, instruments and value creation, shareholding structure, deal flow and investees support. Through capex financing, enabling investees to scale up, diversify income streams or integrate stages of the value chain with the objective to improve the livelihood of smallholder farmers - as formalized by a Social Charter in the contract, while strengthening governance structures and management.
Food security & rural development
Funding AVC profitable cooperatives or SMEs as long as their activities support an improved livelihood of SHFs, thereby indirectly supporting income growth for thousands of SSFs thanks to improved access to markets, reduction of intermediaries and technical support. Promoting sustainable agriculture through certifications that are not strict requirements but concern a majority of investees but also through provisions in a Social Charter i.e. price paid to farmers 20% above market price, etc.

E&S Impact :

BIO will support the formalization of Kampani’s E&S policy and procedures, to ensure that E&S risks are identified and mitigated at all steps of the investment process. Furthermore, it will require the fund manager to set up a grievance mechanism and request its clients to do so at their level as well.

Kampani has a strong impact commitment but has not yet formalized its E&S practice. Some E&S risks are identified by the external consultant doing the onsite due diligence and some E&S KPI are included in the Social Charter signed by the client. Nevertheless, the fund manager has already allocated E&S responsibilities and called upon an independent consultant to support them in the design of the fund E&S procedures.

Environmental and Social (E&S) classification of the project: B