Agri-Vie
Region
Commitment (MNOK)
Status
AgriVie Fund is an agri-business fund with a total size of USD 70 million. The geographical scope for the fund is Sub Saharan Africa and the investments are in the whole value chain of the agricultural, forestry and aquaculture sectors..
Key information
- Sector:
- SME Funds
- Commitment (MNOK):
- 20.2
- Year:
- 2010
- Region:
- Africa
- Country:
- Regional
- Domicile:
- South Africa
- Instrument:
- Funds
- Status:
- Active
- Mandate:
- Development
The Agri-Vie Fund I is an agri-business fund. The fund’s geographical scope is Sub-Saharan Africa and the investments are made in the whole value chain of the agricultural, forestry and aquaculture sectors.
The fund’s main investment focus is on the value added components of the agricultural value chain involving processing, distribution, marketing and branding as well as services. While the Fund has some exposure to early stage businesses, its main focus is on later stage investments where capital is allocated to the development and expansion of existing ventures.
An estimated 25% of rural household incomes in SSA originate from employment in agribusiness activity, either through formal or informal/ self-employment. Investments into this sector will, therefore, have a direct impact on employment.
In February 2017, the first close of the second Agri-Vie Fund was announced. This second fund will also be focused on the food and agribusiness sector in Sub-Saharan Africa.