Seba Foods
Africa
Region
63.3
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.
Key information
- Sector:
- Scalable enterprises
- Commitment (MNOK):
- 63.3
- 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