AgDevCo

Africa

Region

214.1

Commitment (MNOK)

Active

Status

AgDevCo is a specialist investor in African agribusinesses, set up as a permanent capital vehicle. AgDevCo’s mission is to contribute towards a thriving agricultural sector by investing in commercially viable businesses that create jobs, produce food and link farmers to markets.

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Key information

Sector:
Scalable enterprises
Commitment (MNOK):
214.1
Year:
2022
Region:
Africa
Country:
Regional
Domicile:
United Kingdom of Great Britain and Northern Ireland
Instrument:
Equity
Status:
Active
Mandate:
Development

AgDevCo

This investment is particularly additional on the following ambitions:

  • Investing in the poorest countries
  • Investing in the most capital constrained markets
  • Investing in the riskiest markets
  • Investing in sectors with high development needs
  • Investing in high risk instruments
  • Targeting underserved segments
  • Mobilising private investors
  • Taking an active role in investments
  • Improving social and environmental performance
  • Supporting enterprise improvements

Read more about the investment:

Norfund invests 20 million USD in African agriculture and food production