Categories: food

Swedfund, BII and Norfund invest $85 million in AgDevCo to support agribusinesses in Africa

Swedfund, BII and Norfund invest $85 million in AgDevCo to support agribusinesses in Africa

Swedfund, alongside BII and Norfund, have announced a joint $85 million investment in AgDevCo, the specialist investor transforming agriculture across sub-Saharan Africa. The investment comprises up to $20 million from Swedfund, $50 million from BII and $15 million from Norfund, aimed at supporting high-impact agribusinesses to increase productivity and improve food security in rural areas.

Swedfund supports local food processing and smallholder farmers in Africa

Swedfund supports local food processing and smallholder farmers in Africa

Swedfund supports increased local processing capacity in African through a working capital loan of up to USD 15 million to Robust International (Robust). The loan will enable Robust to source local commodities to new processing facilities and thereby spur job creation, economic growth and trade.

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