Uganda’s Pearl Capital Partners launches fund for African agribusinesses

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