Private Equity
The Phatisa team covers the range of private equity services from the raising of new funds through to structuring private equity funds, sourcing and identifying investment opportunities, compiling investment submissions for investment approval, undertaking due diligence, completing investments, monitoring, and the value addition and exiting of investments. Additionally, Phatisa team members are available to work on investment and advisory committees, as well as run training programmes for private equity professionals.
Team members have previously worked with and managed funds in Tanzania, Indian Ocean Islands, Mauritius, Mozambique, the SADC region, South Africa, Zambia and Zimbabwe.
Fundraising
The sponsors of the African Agriculture Fund (AAF), namely the African Development Bank (ADB), Agence Française de Développement (AFD), the Kofi Annan Alliance for a Green Revolution in Africa (AGRA), Banque Ouest Africaine de Développement (BOAD), and the International Fund for Agricultural Development (IFAD), launched the initiative in April 2009.
In early July 2009, Phatisa Group Limited (Phatisa) was appointed as the fund manager of the AAF.
The Fund aims to support private sector companies that implement strategies to increase and diversify food production and distribution in Africa by strengthening the management, modernisation and organisation of the agricultural sector on the continent. The AAF will invest in agro-industrial companies, and agricultural cooperatives that support small-scale farmers and respect the environment. The AAF raised US$ 120 million during its first phase and has a final target closing of US$ 300 million.
Below: African Agriculture Fund Information Memorandum
If you would like more information or to indicate your interest, please do not hesitate to contact Duncan Owen at duncanowen@phatisa.com
