Phatisa Food Fund 2

Africa

Region

195.9

Commitment (MNOK)

Active

Status

PFF 2 will invest across the African food value chain, considering investments in mechanisation, inputs, poultry and meat production, food processing and manufacturing, logistics, aggregation and distribution across Sub-Saharan Africa.

The investment will strengthen and increase food supply, local production and distribution across the region.

The Fund, via its investment in companies in the food value chain, targets over 90,000 small-holder farmers and micro-entrepreneurs and aims to create over 2,000 permanent jobs and sustain another 10,000 jobs.

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Key information

Sector:
Scalable enterprises
Commitment (MNOK):
195.9
Year:
2021
Region:
Africa
Country:
Regional
Domicile:
Mauritius
Instrument:
Funds
Status:
Active
Mandate:
Development

Phatisa Food Fund 2 investments

Investee Sector Country
FES LimitedOther
Deltamune Pty LtdSouth Africa
Lona GroupSouth Africa
The Rolfes GroupSouth Africa

Additionality for Phatisa Food Fund 2

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 high risk instruments
  • Mobilizing private investors
  • Improving social and environmental standards
  • Supporting enterprise improvements

Read more about the investment:

Norfund invests in South African integrated food business