INTRODUCTION Capitalised by the Alliance for a Green Revolution in Africa( AGRA), the Africa Seed Investment Fund( ASIF) was set up in 2010 as a specialised impact fund to invest in seed businesses in sub-Saharan Africa. The fund is managed by Pearl Capital Partners, a specialist agriculture investment fund manager.
AGRA made a commitment of US $ 12,000,000 which has now been fully invested in 13 seed businesses across seven countries in eastern and southern Africa, including: Ethiopia, Kenya, Malawi, Mozambique, Rwanda, Tanzania and Uganda. Following the close of the investment period- at the 6th anniversary- the fund is now under active portfolio management till 2020.
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