19 posts found.
Selected Category: Agriculture
Phatisa and Finnfund announce exit from integrated organic sustainable palm oil producer, Planting Naturals, following acquisition by Dutch Dekker Group affiliate
Phatisa and Finnfund successfully exit their stake in Planting Naturals, a transformative brownfield investment, started in 2011, to rebuild a war-damaged palm oil mill in Sierra Leone. Planting Naturals has since grown into a leading global producer of organic and RSPO-certified palm oil, and is now being acquired by PaLenDu, an affiliate of the Dutch […]
Read moreJune 19, 2024
Minister Ville Tavio visits Kentegra’s state-of-the-art pyrethrum processing plant in Naivasha, Kenya
Finland’s Minister for Foreign Trade and Development Ville Tavio, accompanied by Finnish development financier and impact investor Finnfund, was one of the first visitors at Kentegra Biotechnology’s cutting-edge pyrethrum processing facility in Naivasha, Kenya. The visit underscores the strong collaboration between the Finnish government, Finnfund, and Kentegra in revitalizing Kenya’s pyrethrum industry. Kentegra Biotechnology Holdings […]
Read moreJune 17, 2024
Placing contract farming in the service of development, food security, and equality
The 2022 Global Report on Food Crises[1] estimates that at least one in five Africans goes to bed hungry, and an estimated 140 million people in Africa face acute food insecurity. The Horn of Africa, in particular, is again suffering from persistent drought, and countries dependent on imported wheat and sunflower oil are suffering as prices […]
Read moreNovember 6, 2023
Finnfund and DFC commit 15 million US dollars in equity and loan financing to Kentegra Biotechnology to boost the expansion of pyrethrin production in Kenya
Kentegra Biotechnology was founded in 2017 and has quickly grown to become the leading pyrethrin producer in Kenya. Finnfund, the Finnish development financier and impact investor, and the United States International Development Finance Corporation (DFC), a development finance institution and agency of the United States federal government, participated in the funding round, which gathered equity […]
Read moreAugust 22, 2023
Citrus and fresh-produce exporter Lona Group uses expansion capital to make the business more climate resilient
Phatisa, together with a consortium of leading development finance institutions, has acquired a significant minority stake in South African-based citrus and fresh-produce exporter, Lona Group, for an undisclosed sum. The investment will be used as expansion capital. The DFI co-investors are British International Investment (“BII” – formerly known as CDC Group), Norfund, and Finnfund – […]
Read moreMay 23, 2022
Fast-growing agribusiness companies in Africa excel in resilience, innovation and harnessing technology to increase productivity
It’s been two years since Finnfund, FMO and IFC arranged the first ever African Cheetahs event, bringing together the “Cheetahs”, executives of Africa’s most promising, fast-growing agribusiness companies. So much has changed since then: we have all made our way through two years of challenges with the COVID-19 pandemic and these years have not only […]
Read moreMay 18, 2022
Finnfund invests in Valency International to foster sustainable cashew production in Côte d’Ivoire
Finnfund, a Finnish development financier and an impact investor, announces today a USD 10 million debt facility commitment to Valency International Trading SARL, a Valency International Group company. Valency International Group is a diversified, integrated supply chain manager in agri commodities and agri inputs with subsidiaries in 15 countries. With the funding provided by Finnfund, […]
Read moreApril 15, 2022
We are looking for a (Senior) Investment Manager, Forestry and Agriculture
Finnfund is a Finnish development financier and impact investor. We build a sustainable future and generate lasting impact by investing in businesses that solve global development challenges. We invest 200–250 million euros in 20–30 companies in developing countries each year. Our focus sectors include renewable energy, sustainable forestry, sustainable agriculture, financial institutions, and digital infrastructure […]
Read moreFebruary 28, 2022
OP Finnfund Global Impact Fund I invests in food distribution platform Twiga to improve food security across Sub-Saharan Africa
OP Finnfund Global Impact Fund I, the first global emerging markets impact fund in Finland, invests 3 million US dollars in Kenyan headquartered B2B e-commerce food distribution platform Twiga. OP Finnfund Global Impact Fund I joins a group of investors, led by Creadev, in a financing package totalling 50 million US dollars. Twiga operates a […]
Read moreNovember 1, 2021
OP Finnfund Global Impact Fund I invests in EthioChicken, a forerunner in African poultry farming
OP Finnfund Global Impact Fund I, the first global emerging markets impact fund in Finland, invests USD 5 million in EthioChicken, an Ethiopian poultry company. The aim is to generate good jobs, improve food security and reduce poverty in Ethiopia. Established in 2010, EthioChicken has become a forerunner and one of the largest poultry companies […]
Read moreJune 2, 2021
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