Seba Foods

Africa

Region

107.0

Commitment (MNOK)

Active

Status

Seba Foods is a family-owned high nutritious food processing company based in Zambia. The company manufactures, markets and distributes high-quality soy and maize products under the brand umbrella “260 Brands”. Norfund's investment is supporting the company to produce soy milk for the local market in Zambia.

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Key information

Sector:
Scalable enterprises
Commitment (MNOK):
107.0
Year:
2021
Region:
Africa
Country:
Zambia
Domicile:
Zambia
Instrument:
Loans
Status:
Active
Mandate:
Development

Additionality Seba Foods

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 difficult business environments
  • Investing in sectors with high development needs
  • Investing in high risk instruments
  • Targeting underserved segments
  • Taking an active role in investments
  • Improving social and environmental performance