Star Bright Holdings Ltd.(Marginpar Group)
Africa
Region
26.4
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.
Key information
- Sector:
- Scalable enterprises
- Investment (MNOK):
- 26.4
- Year:
- 2018
- Region:
- Africa
- Country:
- Regional
- Domicile:
- Mauritius
- Instrument:
- Equity
- 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