AfDB

Land grab or opportunity of a lifetime?

As an investment destination, Africa can be a confounding place. The latest bout of turmoil and violence in Cote d'Ivoire and Tunisia looks to all the world like another chapter in an unending cycle of political instability.

Agri-Vie, with Herman Marais

Agri-Vie, a private equity fund focused on food and agribusiness investments - including farmland - in subSaharan Africa, closed its first fund with participation from Kellogg Foundation, NorFund, IFC and AfDB.

AfDB commits USD 40 million in the African Agriculture Fund

The Fund will operate according to a Socially Responsible Investment Manual that features, for the first time in the area of Agribusiness private equity, a Code of Conduct for Land Acquisition and Land Use in Agricultural and Agribusiness Projects to prevent unsustainable practices in land acquisition and land use.