Part of the $210 million that the Pembani Remgro Infrastructure Fund and the Carlyle Group will invest in the Export Trading Group will be invested in Mbeya rice farms In Tanzania, where the group would cultivate rice and barley.
Carlyle is part of a small group of investors that will inject $210 million into Export Trading Group, a Tanzania-based agricultural company that controls at least 60,000 hectares of farmland in Africa.
Le groupe français Mimran projette d’exploiter 182 000 hectares pour produire 1 million de tonnes de riz.
Standard Chartered Bank’s Private Equity division has invested $74 million to acquire a minority stake in ETC Group Mauritius, one of the largest owners of African farmland.
