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
- Ranking of banks in Benin: the undisputed reign of BIIC
- African Stock Markets: Ghana, BRVM, and Tunis Soar…
- Mauritania: Major power outage in Nouakchott and Kane Ousmane tasked with shedding light
- Regulation of Cryptoassets in the UEMOA: Between Financial Innovation and Preservation of Monetary Stability
- Angola: Sovereign Fund (FSDEA) triples its profit
- Morocco: IFC and German EOS to tackle the non-performing loans market
- Mohammed bin Salman in Paris: behind the reformist prince, the discreet influence of Princess Fahda
- Succession War at Castel: Singapore High Court Blocks Managers