Uganda-based Pearl Capital Partners, a venture capitalist in agribusiness, announced that it had launched its Africa Agricultural Capital Fund worth around KES2.2 billion. The fund, the company said, will be used to finance small but growing businesses in agribusiness and general agriculture companies in East Africa. “I do not want to reveal the actual returns in the industry, but what we have seen in the past few years of investing in agribusiness in East Africa is mind blowing,” Pearl Capital Partners representative Wanjohi Ndagu said. Venture Capital Post
Trending
- Afreximbank launches $3 billion revolving facility for oil players
- Four Kenyans wanted by Nigerian authorities for CBEX hack
- IMF tough rules for Kenya’s new loan
- ARC Ltd and Klapton Re join forces to expand climate insurance across Africa
- Investors snub Ethio Telecom’s IPO, taking only 10.7 percent of shares offered
- Ruto bags $823 million in China
- Kenya’s KCB, Equity Bank to sell 30 percent stake in Congo subsidiaries
- Breaking: U.S cancels Kenya tour, after Ruto visit to China
Uganda’s Pearl Capital Partners launches fund for African agribusinesses
By Editor
Editor
Kapital Afrik intends to deliver strategic financial information to executives and managers, through a daily newsletter and a website that covers all African finance.
Add A Comment
About us
Headed by Adama Wade and his team of 20 journalists, Kapital Afrik offers strategic and financial information to executives and managers. The aim of Kapital Afrik is to provide financial and political news, give priority to human entrepreneurial experiences, lend life to economic policies, give meaning to statistics….
Contact us: redaction@financialafrik.com