A strategically focused food & agribusiness investment fund in Sub-Saharan Africa with a vision to build businesses in Africa that deliver enviable returns – mindful of the impact on people and the environment.
TerraSan is a South African fishing and aquaculture investment group incorporated in 1963 which holds investments in the aquaculture, pelagic fishing, and fish, fishmeal and fish oil processing industries. The TerraSan Group provides its subsidiary companies with centralised secretarial, management, human resources, information technology, and accounting services from an office located in Cape Town, South Africa.
The joint Agri-Vie and Norfund investment in the newly formed floriculture platform in East Africa, now known as the Marginpar Group, was concluded in January 2018. The Group consolidated the floriculture businesses of Marginpar BV in the Netherlands (an experienced European flower distribution company), the Marginpar Farms in Ethiopia, Kariki Limited, a Kenyan summer flower producer, and Carzan Flowers in Kenya. The Kenyan cut flower industry is sophisticated and now one of the world’s leading suppliers of cut flowers with a reported 35% market share in the European Union. Ethiopia is positioned as the second-largest flower exporter in Africa after Kenya, with over 100 grower companies on 1,700 hectares.
Sector: Animal Proteins
Investment Date: 24 April 2018
Location: Lusaka, Zambia
Capital Fisheries, Zambia
Capital Fisheries is a market leading Zambian Cold Chain Food Distributor specializing in the distribution of Animal Proteins. The company is currently the market leader in the distribution of fish with a 50% market share in Zambia, where 55% of the Animal Protein consumed in the country consists of fish.
Investment Date: December 2018
Location: Johannesburg, South Africa
Jumbo Brands is a South African beverage and snacks manufacturer founded in 1985 and based in Gauteng. The product basket includes coffee, hot chocolate, cordials, fruit juice concentrates, squash, lemon juice, vinegar, and maize chips. It’s most popular brands includes Boston, Café Enrista, Fiestas and Jolly Jumbo as well as house brands for most South African retailers.
Investment Date: July 2019
Location: Tanga, Tanzania
PPTL is a major regional player in the production of woven polymer-based extruded products – bags, sacks and tarpaulins for the agriculture and cement industries.