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 COVID-19 pandemic with a need to focus on initiatives that fast-track recovery.
The Yield Uganda Investment Fund (Yield Fund), managed by Pearl Capital Partners (PCP) provides one such avenue for access to credit for companies in the agro-processing value chain, struggling from the devastating effects of the pandemic having an opportunity to access affordable and innovative financial products to enable them to build back better.