Yield Uganda Investment Fund, an agribusiness impact vehicle managed by Pearl Capital Partners, has struck its third deal in as many months by investing UGX6.79 billion ($1.8 million) in Sekajja Agro Farms Ltd, in a blend of equity and long-term debt.
This marks the fund’s tenth investment in the Ugandan agribusiness sector and the third after AMRI Farms and Pura Organic Agro Tech Ltd.
Sekajja is a Kampala-based company whose primary business is the rearing of day-old-chicks until maturity and the distribution of the mature birds as live birds and dressed chicken in the informal and formal markets, respectively. It also operates a feed mill, an abattoir, a cold chain and branded retail outlets.
