ANB
Region
Commitment (MNOK)
Status
The ANB Group is a vertically integrated South African fruit company that produces and distributes citrus and tropical fruits. The Group participates throughout the value chain, from products and services related to developing and commercializing cultivars, tissue culture laboratory facilities, nurseries for plant propagation, fruit farming and packing, as well as fruit marketing and branding activities. The company permanently employs 2,200 people and at the height of the citrus season, this figure rises to above 6,000. Norfund's investment in ANB goes towards erecting hail nets, which protect crops from extreme weather such as hail, heat, wind, and strong sunlight. This increases the resilience of ANB in the face of increasing extreme weather and climate change.
Key information
- Sector:
- Scalable enterprises
- Commitment (MNOK):
- 106.6
- Year:
- 2023
- Region:
- Africa
- Country:
- South Africa
- Domicile:
- South Africa
- Instrument:
- Equity
- Status:
- Active
- Mandate:
- Development
