Neofresh

  • Active: Active
  • Region: Africa
  • Country: Regional
  • Sector: Food and agribusiness
  • Year: 2017
  • Domicile: Mauritius
  • Instrument: Equity
  • Commitment (MNOK) as of 31.12.2018: 43.5
  • Original Commitment (MNOK): 43.4

papaya

Neofresh is a South African company that specialize in the production, packing and marketing of papaya.

The company's core activity is papaya production (supplying the major supermarket chains in South Africa). The company also produces litchies, and has recently planted Mango and Macadamia. Neofresh has six established farms, two pack houses and employs about 400 permanent workers.

Neofresh has professional skills and technology in sub-tropical fruit production. In 2017, the company became the key commercial partner to Carthage - a 400 Ha papaya farm in the Moamba region. With this, Neofresh can replicate its technology and skills to Mozambique and contribute to a more efficient production line and value chain.  

Approximately 90% ofthe papayas produced at Carthage will be exported to South Africa. Norfund's investment will thereby contribute to skills development, increased export revenues and tax revenues, job creation and reduced rural poverty in Mozambique. 

Norfund - The Norwegian Investment Fund for Developing Countries

Fridtjof Nansens Plass 4
N-0160 Oslo

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