PCP Uganda Limited invites qualified consultants and consultancy firms to undertake an Organization Capacity Assessment and provide technical assistance to Farmer Organizations under the Smallholder Credit Fund. Applications close on 22 October 2026.
Yield Uganda Investment Fund (Yield Fund) together with its Fund Manager Pearl Capital Partners (www.pearlcapital.net) are proud to announce the successful equity investment exit from Enimiro (http://enimiro.com/), a Ugandan vanilla processor and exporter.
Job Summary: PCP Uganda Limited seeks to recruit a dedicated Monitoring, Evaluation and learning Officer to and enhance the impact and effectiveness of the credit programs within the organization. The Monitoring, Evaluation, and Learning (MEL) Officer will be responsible for developing, implementing, and managing a robust MEL system to track and assess the progress and…
FarmFlow is simple yet revolutionary, relying on three key sensors; moisture, temperature, and ultrasonic, which have been integrated into a smart irrigation system that keeps the soils hydrated. Read More…
The government should do more to ensure that programmes aimed at improving agricultural production are properly implemented. Those found culpable of hindering these programmes through acts such as corruption should be punished. Furthermore, the government should increase the money allocated to the agricultural sector. Read More…
“Previously, we faced the challenge of the accessing market but with contract farming, we have reliable markets for our produce. It has transformed our lives through improved incomes,” she said. Ms Nalube grows pumpkins in a half-acre from which she produces around 4,000 pumpkins and earns about Shs8 milion. Read More…
A report from the UN trade and development agency UNCTAD highlighted the potential of carbon markets which enable corporations and countries to offset their greenhouse gas emissions through climate change battling projects abroad to catalyse capital flows to developing countries and help boost sustainable development. Read More…
Overtime, the indoctrination bore fruits, with coffee transitioning into a cash crop after losing its cultural worth. Read More…
The initiative with an overall financing of Shs354.7m aims at empowering farmers to adopt climate-smart practices, improving productivity, resilience and food security in the face of climate change. Read More…
Current climate finance flows to the continent are a mere $30b annually, highlighting a significant financing gap that could widen if decisive action still needs to be taken. Read More…
Poultry spend nearly all their time in lose contact with the litter underfoot, so it is no surprise that poor litter conditions can severely impact their health and perfomance. Read More…
A report from the UN trade and development agency UNCTAD highlighted the potential of carbon markets which enable corporations and countries to offset their greenhouse gas emissions through climate change battling projects abroad to catalyse capital flows to developing countries and help boost sustainable development. Read More…
“The market for Ugandan tea is available if only we meet the required market standards by self-regulating to get rid of bad tea growing practices,” Rwabwogo said. Read More…
Uganda has unveiled two varieties of beans and groundnuts with a call on farmers to adopt modern, sustainable farming practices and focus on diversified production. Read More…
The rise in price at the Mombasa auction comes amid a backdrop of fluctuating tea prices across East Africa. Kenyan teas, known for their high quality, averaged $2.18 (about sh8,141) per kilogramme, up from $2.10 (about sh7,839) the previous week. Read More…
The initiative aims to improve agricultural productivity, create jobs, and enhance the livelihoods of smallholder farmers through the introduction of modern technologies, practices, and innovative financing models while caring for the earth. Read More…
Uganda earned $1.35billion (about Shs4.990 trillion), from coffee exports between September 2023 August 2024, which indicates that the country now gets more from the over sea market, according to the Uganda Coffee Development Authority (UCDA). Read More…
According to the World Food Council, agriculture is directly responsible for 14 per cent of total greenhouse gas emissions, and broader rural land use decisions have an even larger impact. Read More…
Uganda’s tea industry saw a slight price surge at the recent Mombasa Tea Auction, with the national average climbing to $0.98 (Shs3,605.45) per kilogramme, up from $0.87 (Shs3,200) in August. Read More…
These groups are vital in optimizing resources all while facilitating market access hence boosting productivity, especially for smallholder farmers. Read More…
“The government failed to implement the EUDR regulations in time, but now it is biting us because EU buyers are not purchasing our coffee. The government needs to act quickly because they delayed releasing funds for farmer registration, “Sabiti said. Read More…
“This growth was driven by higher export volumes and an increase in International coffee prices. The increase in coffee export volumes was mainly on account of higher Robusta coffee yields from the Greater Masaka and southwestern regions of Uganda,” it explains. Read More…
The reduction is blamed on a cocktail of issues such as climate change, biodiversity loss and a growing demand for food, fibre, feed and energy required for the growing population. Read More…
Over the past one year, farm-gate prices have seen a steep decline, plummeting from around sh500 to a current range of sh130 to sh300. In some areas, Onesimus Matsiko, a tea sector expert and farmer, says middlemen are offering as little as sh130 per kilogramme, with the person harvesting the tea taking sh100 of that…
Small-scale farmers have been encouraged to participate in the National Seed Oil Project, which aims to produce raw materials for vegetable cooking oil for both domestic and commercial use. The project promotes crops such as soybeans, groundnuts, sesame, and sunflowers, which mature within ninety days. Read More…
Bags of Ugandan coffee stored at a bulking centre as they await shipping to overseas markets. Over 60% of the country’s coffee ends up in the EU market signifying its importance to Uganda. With about 150 days left before the European Union (EU) market begins implementing its tough ban on import of ‘deforestation-related products,’…
While agriculture’s share of national Gross Domestic Product (GDP) has fallen below 30 percent over the last 40 years, about 70 percent of the population derive their livelihood from the sector. Read More…
It gives us great pleasure to kick-start the year with the 9th edition of our bi-annual newsletter, where we share the latest developments, successes, and initiatives at PCP. In 2023, we witnessed remarkable progress across our portfolio companies and investments, groundbreaking advancements in Agri-Tech and continued efforts towards environmental sustainability despite the challenges posed by both global and regional economic uncertainties.
It gives us great pleasure to kick-start the year with the 9th edition of our bi-annual newsletter, where we share the latest developments, successes, and initiatives at PCP. In 2023, we witnessed remarkable progress across our portfolio companies and investments, groundbreaking advancements in Agri-Tech and continued efforts towards environmental sustainability despite the challenges posed by both global and regional economic uncertainties.
EAVCA is the apex trade network for private capital providers in East Africa. At the core of what we do is promote East Africa as a private capital destination while ensuring a favorable environment for trade for the private capital sector. Our advantage is in providing localized support in information access, policy guidance and networks…
The European Union (EU) through the International Fund for Agricultural Development (IFAD), National Social Security Fund (NSSF), FCA Investments Limited (FCAI) and the Soros Economic Development Fund of the Open Society Foundations (OSF) established a single country single sector impact investment fund, The Yield Uganda Investment Fund (“Yield Fund”) for SME agribusiness development in Uganda.…
Horticulture farmers have appealed to the government to provide them with quality seedlings, crucial for exporting produce and generating substantial economic benefits. These value chains were selected due to shared agronomic, logistical and regulatory challenges and opportunities. The goal is to leverage the significant potential of these value chains to generate substantial economic benefits and…
According to PCP, Enimiro is the first of 15 agri-SMEs invested in by Yield Fund to fully exit giving the fund a decent return both in financial terms and impact. The remaining 14 are pending with exits expected within the next three years. Read More…
Yield Uganda Investment Fund (Yield Fund) together with its Fund Manager Pearl Capital Partners (www.pearlcapital.net) are proud to announce the successful equity investment exit from Enimiro (http://enimiro.com/), a Ugandan vanilla processor and exporter.
Farmers blamed the drop on unscrupulous dealers who they claim mix the coffee beans with foreign materials. This compromises coffee quality and competitiveness, pushing down prices, according to David Kiiza, a farmer in Kashangura. Read More…
Farmers who will take up oil palm growing in the districts of Namayingo, Bugiri, and Mayuge stand to reap more than Shs3.3t from the crop in 25 years according to the government. This comes after the government injected Shs154b to support farmers in the growing of an estimated 10,000 hectares of oil palm in the…
By encouraging better production through such means as mechanization, digitalization, agrifood industrialization and green-powered irrigation, African nations can boost productivity and efficiency, and enhance resilience to the climate crisis. Read More…
Over 500 dairy farmers in Namutumba District are finding it difficult to process and add value to their milk due to lack of a modern milk collection center and functional milk cooler machine. A good number of dairy farmers in the district are still rearing local breeds of cattle, which give five litres of milk…
Once we roll out the traceability system, how we trade coffee will change significantly. A trader will be required to trace coffee back to the plot where it was grown. Each farmer will be registered in the National Coffee Registry, as per the Coffee Act, “Robert Nangatsa, Uganda Coffee Development Authority (UCDA) manager coffee extension…
Kenya and the United States are set to begin talks on contentious clauses in a proposed bilateral trade deal amid fears the agreement could flood the market with cheap agricultural imports from America. The delayed third in-person round of talks will focus on agriculture, good regulatory practices and workers’ rights and protections, according to a…
The Monday cabinet meeting approved a policy proposition that requires farmers to pay for Foot and Mouth Disease (FMD) vaccines while government will incur the cost of vaccine administration, transportation and storage, the agriculture minister has revealed. Read More…
The price of cocoa in Bundibugyo District has risen from between shs.4,000 and shs.8,000 a kilo to shs.15,000, which has excited farmers. The farmers say they are now reaping substantial profits. They, however, raised concern about the low yields they are experiencing. Read More…
Fromyfarm app is a feature rich, Innovative and disruptive smartphone-only based technology to bring smallholder farmers into the digital world of e-commerce. The strategy of Fromyfarm app is to change the way smallholder farmers and buyers currently trade to the benefit of smallholder farmers, creating a vastly more level playing field for all participants. Read…
Farmers in Ibanda are laughing all the way to the bank following coffee price gains over the past few months. Presently, Robusta coffee trades at a record high of sh9,200 per kilogram in Ibanda town, but the beans go for sh8,900 a kilo in Kashangura in Kagongo division, Ibanda municipality. Read More…
The farmers made the appeal on Wednesday during a World Bank- MAAIF mission tour of beneficiaries of the project, implemented by the Ministry of Agriculture Animal Industry and Fisheries (MAAIF) in Eastern districts of Bugweri, Kaliro, Mbale and Kumi, that ended on Thursday. Under the E-Voucher System, farmers contributed a certain percentage towards the purchase…
After the hugely disappointing rates recorded last vanilla harvest season, farmers are optimistic that the prices will recover this season. Farmers who invested a lot last season might have seen very little returns because the cost of production for the crop is too high. The drop in the vanilla prices over the past four seasons…
The Yield Uganda Investment Fund is proud to announce a USD 2.6 million (UGX 9.5 billion) aggregate investment in Kamp Group Limited. This blended equity and debt funding was raised through a co-investment arrangement between Yield Uganda and Gorm Pedersen 2 Holding ApS, a Danish investor. This marks the Funds thirteenth investment in the Ugandan SME agribusiness sector.
Pearl Capital Partners, a private equity firm operating in Uganda, recently invested in snack food manufacturer Newman Foods via its Yield Uganda Investment Fund. This is the fund’s 14th investment in the Ugandan agribusiness and food sector. Jeanette Clark speaks to Wanjohi Ndagu, co-managing partner at Pearl Capital Partners, about the motivation for the investment, the potential he sees in the snacks industry and opportunities to export food products to the wider East African region.
Yield Uganda Investment Fund, an agribusiness impact vehicle, has channeled an equity investment to Newman Foods, an agro-processing company based in Kampala.
Newman Foods focuses on the production and marketing of branded consumer foods sold through retail stores in the local and regional markets, as well as the aggregation and export of fresh fruits and vegetables (FFV) to the European market.
The Yield Uganda Investment Fund (Yield Fund) is pleased to announce an investment in Newman Foods Ltd, in a blend of equity and quasi-equity. This marks the Fund’s 14th investment into the Ugandan agricultural sector.
Small-scale farmers feed two out of every three people on the planet, but they are struggling with climate change, inflation and other external shocks. COP27 is an opportunity to strengthen global food security by channeling more climate funding to those who need it the most, and will do the most with it.
Cassava has numerous advantages including producing the highest amount of starch compared to other crops yet it can grow under marginal environmental conditions with limited inputs. Inorganic fertiliser is the most highly recommended in cassava production.
It’s always a pleasure to reconnect with you all, and I’m delighted to share a synopsis of our activities over the first half of 2022. We are already halfway through the year and remain optimistic that we are at a point in history when we are smarter and have more options and opportunities. Pearl Capital Partners (PCP) remains committed, and our actions and investment decisions play a critical role in driving the narrative towards significant and measurable social and development impact.
Yield Uganda Investment Fund, an agribusiness impact investment vehicle managed by Pearl Capital Partners, has struck its second deal of the year after hacking a Ugandan agriculture supply chain firm last month. The fund, alongside Danish investor Gorm Pedersen, has invested in Ugandan pelleted animal feed processing, marketing, and distribution company Kamp.
The Yield Uganda Investment Fund has announced a Shs9.5 billion aggregate investment in Kamp Group Ltd. The blended equity and debt funding was raised through a coinvestment arrangement between Yield Uganda and Gorm Pedersen 2 Holding ApS, a Danish investor. This marks the fund’s thirteenth investment in the Ugandan SME agribusiness sector.
The Yield Uganda Investment Fund is proud to announce a USD 2.6 million (UGX 9.5 billion) aggregate investment in Kamp Group Limited. This blended equity and debt funding was raised through a co-investment arrangement between Yield Uganda and Gorm Pedersen 2 Holding ApS, a Danish investor. This marks the Funds thirteenth investment in the Ugandan SME agribusiness sector.
Yield Uganda Investment Fund (Yield Fund), which is managed by Pearl Capital Partners is thrilled to announce an investment of USD 515,000 in Enimiro in a blend of equity and Cumulative Redeemable Preference Shares. This marks the Fund’s twelfth investment into the Ugandan agriculture SME sector.
UGANDA – Yield Uganda Investment Fund, an agribusiness impact vehicle managed by Pearl Capital Partners, has invested US$515,000 in Enimiro, a Ugandan farming platform that connects small-scale farmers to markets.
Yield Uganda Investment Fund, an agribusiness impact vehicle managed by Pearl Capital Partners, has invested $515,000 (UGX 1.814 billion) in Enimiro, a Ugandan vertical supply chain partner. This marks the fund’s first new deal this year after hacking four companies in 2021.
Yield Uganda Investment Fund (Yield Fund), which is managed by Pearl Capital Partners is thrilled to announce an investment of USD 515,000 in Enimiro in a blend of equity and Cumulative Redeemable Preference Shares.This marks the Fund’s twelveth investment into the Ugandan agriculture SME sector.
Food systems in low- and middle-income countries (LMICs), particularly in Africa and Asia, face direct stress from climate-induced changes and house a large population of smallholder farmers who are dependent on their immediate environment for their livelihoods, food and nutrition.
Uganda earned $811.18m (about sh2.9 trillion) from coffee exports in the last 12 months, up from $535.93 (sh1.9 trillion) in the previous coffee year, a report by the Uganda Coffee Development Authority (UCDA) has said.
Despite growth in several sectors of the economy, agricultural productivity has been stagnating over the last fifteen years. There is a need to allocate more funding to boost production,” said Pozhi …
The best coffee country in the world is Ethiopia, if hundreds of professional coffee tasters are to be believed.
The two-year lockdown has made many people realise the importance of agriculture, not only to the world’s economy, but also to the individual incomes.
Welcome to the 4th edition of the Pearl Capital Partners (PCP) bi-Annual Newsletter-January 2022. A lot has happened since our last edition in July 2021. We are delighted to have reached the year 2022 and appreciate you staying with us as we provide updates on our activities for over the last six months and on the impact investing arena.
Women make up the majority of the world’s poor and are more reliant on natural resources for a living and this is same locally in Uganda and mostly rural communities. With Climate-related issues, such as prolonged dry seasons and floods becoming more common and threatening agricultural livelihoods and food security, women are more affected due to their critical role as food security enablers.
Resilience, agility, and adaptation are three important qualities adopted by enterprises over the past two years to support business continuity amidst the COVID-19 pandemic.
How we made it in Africa has interviewed many of the top entrepreneurs – both up-and-coming and established – operating in East Africa’s agribusiness and food industry. Here is a selection of nine businesspeople capitalising on the sector’s potential.
Comparing and assessing impact performance is critical to increasing the effectiveness of impact investing. Investors around the world are growing their capital allocations toward impact-oriented strategies, deepening their approaches to impact measurement and management, and, anecdotally, becoming progressively better aware of the variety of strategies available to influence impact results. Read More…
As governments, climate experts and campaigners gather at COP26, how are impact investors tackling the defining challenge of our era? Read More…
Small and medium-sized enterprises (SMEs) in Uganda suffer from lack of finance for their survival and growth. This liquidity emergency, according to Ian Nvula, an expert in capital markets and founder of T.E Markets, has motivated struggling start-ups to find alternative financing sources different from conventional bank lending, writes Nelson Mandela Muhoozi. Read More…
For most children, their worst nightmare would be losing a parent, a best friend, or their favourite toy. Strangely for me — perhaps because all those were intact — my greatest fear was the world becoming a desert — a hot, dry wasteland. Read More…
Yield Uganda Investment Fund (Yield Fund) and FCA Investments (FCAI), are pleased to announce a co-investment in Sausage King 3000 Uganda Ltd (Sausage King), a premier meat processor in Uganda. This marks Yield Fund’s eleventh investment into Uganda’s agriculture sector. Read More…
The Yield Uganda Investment Fund recently announced an investment of $1.8 million in Sekajja Agro Farms (SAF), a Ugandan poultry business that operates a commercial chicken farm and abattoir as well as a chicken feed manufacturing unit. Jeanette Clark spoke to David Wangolo, investment manager at Pearl Capital Partners – which manages the Yield Uganda…
Yield Uganda Investment Fund, an agribusiness impact vehicle managed by Pearl Capital Partners, has struck its third deal in as many months by investing UGX6.79 billion ($1.8 million) in Sekajja Agro Farms Ltd, in a blend of equity and long-term debt. This marks the fund’s tenth investment in the Ugandan agribusiness sector and the third…
UGANDA – Sekajja Agro Farms Limited (SAF), a Ugandan based poultry firm, has received UGX 6.79 billion (US$ 1.8 million) blended equity and long-term debt from Pearl Capital Partners’ managed fund, the Yield Uganda Investment. According to Pearl Capital, this is the fund’s tenth investment in the Ugandan agribusiness sector, to include US$1.54 million investment…
The Yield Uganda Investment Fund is proud to announce the investment of UGX 6.79 billion (USD 1.8 million) in Sekajja Agro Farms Limited (SAF) sekajjaagrofarms.com, in a blend of equity and long term debt. This marks the Fund’s tenth investment in the Ugandan agribusiness sector. The Yield Fund is an agri-business impact fund set up…
You reap what you sow,” a man who was buying seeds at container village was heard muttering. This is quite an old saying. However, for easier interpretation, you cannot sow oranges and harvest mangoes. If you sow poor quality seeds, you certainly will have a poor harvest. “I am going to plant this one seed…
Agriculture-focused private equity firm Pearl Capital Partners, manager of the Yield Uganda Investment Fund, sees growth potential in the cassava value chain in Uganda. The firm recently invested $2.5 million in cassava producer Pura Organic Agro Tech Ltd. The funding will be used to set up a vertically integrated cassava processing plant to produce high-quality…
Yield Uganda Investment Fund (Yield Fund) and FCA Investments (FCAI) are pleased to announce a Euro1.3m investment in AMFRI Farms Limited (AMFRI Farms). AMFRI Farms is a pioneering organic farming,processing and exporting company working closely with diverse communities all over Uganda, in trainingand production of Certified Organic fruits and vegetables, processed for the export market.…
Amfri Farms Ltd has secured a 1.32 million Euros, ( about Shs5.49b) investment from FCA Investments and Yield Uganda Investment Fund managed by Pearl Capital Partners. Of the investment, partially structured as convertible preference shares, 60 per is convertible into equity. The funding aims at providing long-term ”patient capital” to Amfri Farms to enable its…
With limited access to affordable and long-term credit continuing to hinder greenfield investments in agro-processing in Uganda, collaboration among the agro-processing ecosystem players is key to unlocking new funding mechanisms. This is even more important as the Uganda Manufacturers Association (UMA) reports an up to 60% reduction in production by her members occasioned by the…
When private equity (PE) managers and investors, like Pearl Capital Partners and many others, are considering investing in companies, we tend to focus on the hard cold numbers. Numbers around the market, strategy, cash flow and the first 100 days postinvestment. So do owners and CEOs of the companies that we seek to invest in.…
Yield Uganda Investment Fund (Yield Fund), which is managed by Pearl Capital Partners, is thrilled to announce an investment of USD 2.5 million in Pura Organic Agro Tech Ltd (Pura) structured in both straight equity and patient debt investment. This marks the Fund’s eighth investment into the Ugandan agriculture sector but more uniquely, the first…
Welcome to yet another edition of the Pearl Capital Partners (PCP) Biannual Newsletter. We are glad to have crossed the first half of the year 2021 and do appreciate you staying with us as we continue to share updates from the Yield Fund and PCP.
Welcome to 2021 and the first edition of the Pearl Capital Partners (PCP) Bi-Annual Newsletter in this new year. Another year has come and an eventful one has passed. We wish you a successful new year, new start and miles to go. Read More
In the 25 years since Clayton Christensen coined the term “disruptive innovation,” much has been written about the benefits of shaking up established business practices. Even before the current pandemic, there was a growing recognition that our food systems, too, needed to be reimagined. Today’s food systems must feed 7.8 billion people without compromising future…
The sector has however seen underperformance over recent years in comparison to other sectors within the economy due to the low level of value addition through processing facilities and also a lack of commercial private enterprises, thereby resulting in weak employment creation. Read More
In 2004, we set up African Agricultural Capital (AAC) with the ambition of stimulating investment inagricultural businesses in East Africa. AAC was one of the first agricultural impact investmentvehicles in the region. It inspired others and we learned many lessons along the way. I would like tocommend most highly the shareholders, Gatsby Charitable Foundation and…
Gatsby Africa, Pearl Capital Partners and Onward Resources International have released the AfricanAgricultural Capital (AAC) closure of fund report. The launch of the report was held virtually on the 28thOctober 2020 and presented to different stakeholders with interests in impact investing. Read More
Pearl Capital Partners is a fund manager that invests in agribusiness enterprises in East Africa. The firm has offices in Kampala, Uganda and Nairobi, Kenya. Its most recent fund, the Yield Uganda Investment Fund, has made seven investments in Uganda worth over €5.8 million. These include: Sesaco – a processor of soy products; Chemiphar – an…
In 2004, private equity firm Pearl Capital Partners set up African Agricultural Capital (AAC) with the ambition of stimulating investment in agricultural businesses in East Africa. The fund was formally closed in 2019. AAC was one of the first agricultural impact investment vehicles in the region. Investors collectively committed $9 million in AAC, which the fund fully…
This edition of The State of Agricultural Commodity Markets focuses on how markets can bring us closer to achieving the 2030 Agenda for Sustainable Development. SOCO 2020 offers a detailed analysis of the major global trends in agri-food markets and trade to identify how to reap economic, environmental and social gains and spur overall development.…
Why does CDC care about SMEs? Formal SMEs contribute up to 40% of national income in emerging economies, according to the World Bank, yet they suffer from a lack of access to finance. These businesses are critically important if we are to support economies across the continent to not only recover from the COVID pandemic but…
The World Bank, in its Global Economic Prospect 2021, has said Uganda’s agricultural sector will be among the most resilient sector in 2021. Uganda, the World Bank said, will be among the five countries in sub Saharan Africa that will experience the least contraction in agriculture. This, according to the World Bank, implies that agriculture will support…
The partnership between Microsoft and Alliance for a Green Revolution in Africa (AGRA), enabled through the Microsoft 4Afrika initiative, will enhance AGRA’s digital transformation agenda as it works to improve food security for 30 million farming households across 11 countries by 2021. Microsoft has, together with the AGRA, entered into a Memorandum of Understanding to co-create…
This year’s Africa Agriculture Status Report (AASR) focuses on Feeding Africa’s Cities by assessing the opportunities, challenges and policies required to enable African farmers and agribusinesses to serve the rapidly growing urban food markets. The report seeks to find ways for smallholder farmers to drive food security, rural prosperity, and inclusive economic growth. The 2020…
Private equity is an alternative investment class and consists of capital that is not listed on a public exchange. Private equity is composed of funds and investors that directly invest in private companies, or that engage in buyouts of public companies, resulting in the delisting of public equity. Institutional and retail investors provide the capital for private equity, and the capital can…
The Covid-19 pandemic has destroyed livelihoods and scattered millions of jobs around the world. The International Labor Organization estimates that nearly 1.6 billion people’s livelihoods are now threatened with the greatest impact being felt by those in the informal sector. However, the pandemic has also brought to the fore numerous opportunities in Agribusiness that the…
Welcome to the third edition of the Pearl Capital Partners (PCP) Bi-Annual Newsletter. We are just past halfway through the year 2020 and are privileged to have you on board as we continue to provide you with the latest insights and information from the agribusiness ecosystem here in East Africa.
2019 was a special year for PCP with the successful celebration of the Final Yield Fund Launch, the new additional investments to the portfolio and our latest B Corporation Award.
The European Union (EU) through the International Fund for Agricultural Development (IFAD) and the National Social Security Fund Uganda (NSSF) worked together to catalyze investments in the Uganda agriculture value chains with the launch of the Yield Uganda Investment Fund in early 2017. An initial €12 million (UGX 46 billion) was made available to provide much needed access to capital for small and medium agri-businesses in Uganda.