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…
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