The agribusiness impact fund, set up in January 2017 by the European Union (EU), through the International Fund for Agricultural Development (IFAD) and the National Social Security Fund (NSSF), with an initial €12 million investment, has now hit the €20 million (UGX 85 billion, 4250 UGX per EUR) mark in total commitments, following an €8million (4250 UGX per EUR) investment from the Open Society Foundation and FCA Investments.

The Yield Uganda Investment Fund is a partnership between public and private investors that offers innovative and tailored financial solutions, using equity, semi-equity and debt, to small and Mediumsized Enterprises (SMEs) having the potential to generate both strong financial returns and significant social impact. Deloitte Uganda and Pearl Capital Partners Uganda (PCP) established the Fund, currently managed by PCP Uganda, with the mandate to make investments in the range of €250,000 to €2 million (approx. UGX 1 billion to UGX 8.5 billion).

To date, the Yield Fund, has made seven investments in Uganda worth over EURO 5.8m. These include: Sesaco – an agro-processing company, processing and manufacturing soy based products; CECOFA – a primary processor and exporter of coffee organized through a smallholder farmers’ co-operative structure, Chemiphar – an internationally accredited analytical lab, Raintree Farms – a value-added processor of moringa, Pristine Foods – a pasteurized liquid egg processing company, Clarke Farm Ltd – a company specializing in the production and processing of fine specialty washed Robusta coffee for the premium export market and Naseco (1996) Ltd- a company that produces, processes and distributes certified seeds in Uganda and is growing exports across the regional East African community.

The BDS facility is a grant provided by the EU, and implemented by IFAD.

BUSINESS DEVELOPMENT SUPPORT (BDS) FACILITY

The facility is designed to help investee enterprises under Yield Fund towards successful business growth and expansion.

Through this facility, investee businesses have access to high quality Business Development & Management Support, provided by highly qualified SME based consultants, particularly in the areas of improving business administration (policies, procedures, internal controls) and financial management systems.

CHEMIPHAR Uganda Limited-2019

Chemiphar is an internationally accredited analytical laboratory located on the outskirts of Kampala, in Kansanga, whose core business is to provide testing and inspection services to SME businesses operating in food and beverages, agro-products, environment, pharmaceutical and cosmetics as well as agricultural seeds. Chemiphar therefore essentially acts as an enabler to agri-businesses which are required to meet international standards for both export and local certification of their processed and value added products.

CECOFA-2018

The Yield Uganda Investment Fund, set up with financing from the European Union (EU) through the International Fund for Agriculture Development (IFAD) and National Social Security Fund Uganda (NSSF), managed by Pearl Capital Partners (PCP), has made its second investment in Uganda, committing UGX 5.14 billion Shillings to Central Coffee Farmers Association Ltd (CECOFA), a farmer owned primary coffee processor. The fund is on schedule to close a further two agri-business investments over the remainder of the year 2018.

Sesaco Limited- 2018

Sesaco Limited is an agro-processing company, processing and manufacturing soy based products. The Promoter, mooted the idea in 1978, started trading at small scale household levels and consequently registered Sesaco in 1987. The business is currently located at Kyengera trading centre, 9 kilometers from Kampala city center, a prime location providing accessibility to suppliers and markets. Sesaco’s flagship products are soy cup (a decaffeinated instant beverage), soy millet flour and soy maize flour.

NASECO (1996) - 2020

Pearl Capital Partners, which manages the Yield Uganda Investment Fund, has made a seventh investment of UGX 4.6 billion (ca. USD 1.2m) in Naseco (1996) Limited (NASECO). NASECO, which has had operations for over 20 years, produces, processes and  distributes certified seeds in Uganda and is growing exports across the regional East African community. Its products benefit thousands of small holder farmers across Uganda and the region, with better crop yields and enhanced incomes, linking farmers to markets and helping to strengthen food security.

Clarke Farm Ltd - 2019

Yield Uganda Investment Fund is pleased to announce a USD 1.5 million investment in Clarke Farm Ltd, an agri-business company working closely with its community,  specializing in the production and processing of fine speciality washed Robusta coffee, targeting the premium market. Clarke Farm Ltd, which was established in 2015, is based in Katambale, Kyenjojo District of Uganda. The company’s core business is the production of fine speciality Robusta coffee, a grade of defect-free coffee which is being produced through a combination of quality planting material, good agronomic practice and commercial wet processing.

Raintree Farms - 2019

The Yield Uganda Investment Fund is proud to announce its fifth investment in Uganda by making a commitment to invest UGX 3.9Bn to Raintree Farms Limited, a pioneer agri-ceutical enterprise specializing in the production and processing of organic moringa. Raintree Farms is based in Masindi, Uganda and was co-founded in 2012 by the CEO, Mr Teddy Ruge and the COO Ms. Pamela Nyakato. The company’s business operation is centred around the growing and processing of moringa, in order to produce premium, organically certified moringa leaf powder and moringa oil. The products are sold to the nutritional, beauty and health markets both here in Uganda and internationally.

Pristine Food Limited

Pristine Foods has fully implemented Quality Management System of controlled procedures to safeguard the egg production process to all its consumers. This has been undertaken by the implementation of HACCP principles in the process plant (based on Codex Alimentarius for egg production) to ensure the risks and hazards associated with the products are systematically evaluated and controlled.