Phatisa fills part of a $10 million private equity fund through the AfDB

South African private equity firm Phatisa will receive a $10 million equity investment from the African Development Bank for the Phatisa Food Fund 2. The fund will invest in integrated food production, processing, services and inputs (seed, fertilizer and chemicals), logistics, infrastructure, packaging, food services and retail. The fund aims to raise a total of $300 million and will cover the entire African continent with the aim of boosting agriculture and nutrition.


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