CDC Group, Norfund, Finnfund, FinDev Canada and BIO invest in Phatisa's second African agribusiness fund, even as Phatisa's first DFI-supported fund, the African Agriculture Fund, remains embroiled in land conflicts.
La société JTF Madagascar, filiale de Tozzi Green, a reçu un financement de 7,5 millions d’euros de Finnfund et de la BIO pour son développement. JTF Madagascar est spécialisée dans l’agro-industrie et les cultures vivrières.
The overall objective of this report is to identify potential interventions to enhance the capacity of newly created private equity funds in agriculture and/or agribusiness in Africa, especially the stimulation of technical assistance to agricultural value chains.
In August 2011, Phatisa concluded its first transaction to invest US$ 10 million alongside the Finnish Fund for Industrial Cooperation Limited (FINNFUND) and the Company’s Sponsors, in Goldtree a palm oil plantation and milling company in Sierra Leone, representing a total investment of US$ 20 million.
Increasing industrial production of oil palm in sub-Saharan African countries, carried out by foreign corporations, is destroying the livelihoods of thousands of Africans and the biodiversity of ecosystems.