Hatch Africa Raises $9.5m from AgDevCo and IDH Farmfit Fund to Expand High-growth Poultry Business in Sub-Saharan Africa

AgDevCo Netherlands Benin Burkina Faso Burundi Cameroon Chad Comoros Cote d'Ivoire Djibouti Ethiopia Gabon Gambia Ghana Guinea Equatorial Guinea Kenya Liberia Madagascar Mali Niger Namibia Nigeria Central African Republic Congo, The Democratic Republic of the Congo, The Republic of the Senegal Sierra Leone South Africa Sudan Tanzania Tonga Uganda Zambia Zimbabwe United Kingdom England Algeria Angola Botswana Cape Verde Egypt Eritrea Guinea-Bissau Lesotho Libya Malawi Mauritania Mauritius Morocco Mozambique Rwanda Sao Tome and Principe Seychelles South Sudan Swaziland Togo Tunisia Africa

in the Netherlands and Venture Law Ltd in Mauritius. 

AgDevCo is a specialist investor in African agriculture, growing sustainable and impactful agribusiness, with USD 280m under management. Backed by leading development finance institutions including BII, Norfund, US International Development Finance Corporation (DFC) and the UK Foreign, Commonwealth and Development Office, AgDevCo's vision is a thriving commercial agriculture sector, which benefits both people and planet by investing in and supporting agribusinesses to grow, create jobs, produce and process food and link farmers to markets. They support their partners to work towards climate sustainability, and where possible, regenerative solutions. www.agdevco.com

IDH Farmfit Fund is a Euro 100m public-private impact fund for smallholder farmers, many of whom are amongst the poorest people in the world. IDH Farmfit Fund takes on the highest-risk positions in farmer related investment transactions, to reduce liabilities for borrowers and lenders. In turn, smallholder farmers can access long-term financing that allows them to invest in their farms, increase productivity, and adopt best practices for climate-smart agriculture. The IDH Farmfit Fund managed by IDH Investment Management and is facilitated by IDH and supported by a unique coalition of partners including commercial banks, development banks, government bodies and value chain companies.?www.idhsustainabletrade.com.

Photo - https://mma.prnewswire.com/media/2327058/AgDevCo.jpg
Logo - https://mma.prnewswire.com/media/737847/AgDevCo_Logo.jpg

 

 

View original content:https://www.prnewswire.co.uk/news-releases/hatch-africa-raises-9-5m-from-agdevco-and-idh-farmfit-fund-to-expand-high-growth-poultry-business-in-sub-saharan-africa-302045762.html