Release date: 8 September 2009
Promoter – Financial Intermediary
SP-Aktif Investments (Pty) LtdSanlam Private Equity
Location
Description
Agri-Vie (or “the Fund”) is a closed-end private equity fund seeking to make equity investments in agri-businesses located primarily in Southern and East Africa.
Objectives
The general strategic objective of Agri-Vie is to capitalise on the unique opportunities that agribusiness sector of SSA offers for a combination of developmental and capital gains. The Fund focuses on the value added components of the agribusiness value chain, including inputs to, processing, marketing and distribution of products derived from agriculture, ecotourism, aquaculture and forestry.
Sector(s)
Proposed EIB finance (Approximate amount)
Up to USD 12 million
Total cost (Approximate amount)
Up to USD 100 million
Environmental aspects
Environmental analysis according to guidelines acceptable to the Bank will be part of the Fund’s due diligence process in the appraisal of investee companies
Procurement
Not applicable
Status
Signed - 30/12/2009
Disclaimer
Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The information and data provided on this page are therefore indicative.
They are provided for transparency purposes only and cannot be considered to represent official EIB policy (see also the Explanatory notes).