Star Bright Holdings Ltd.(Marginpar Group)

Africa

Region

26.8

Investment (MNOK)

Exit

Status

Marginpar is a leading producer of summer flowers in East Africa.The climate in East Africa is well-suited for flower production because of the altitude and the equal days and nights throughout the year. Norfund’s investment was used to expand production of the company which created sustainable jobs.

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Key information

Sector:
Scalable enterprises
Investment (MNOK):
26.8
Year:
2018
Region:
Africa
Country:
Regional
Domicile:
Mauritius
Instrument:
Loans
Status:
Exit
Mandate:
Development

Read more about Marginpar:

Additionality for Marginpar Group

This investment is particularly additional on the following ambitions:

  • Investing in the most capital constrained markets
  • Investing in the riskiest markets
  • Investing in high risk instruments
  • Mobilising private investors
  • Taking an active role in investments
  • Improving social and environmental standards