African Agricultural Capital
(AAC, 2006-2019)
The investors in this fund were Rockefeller Foundation, the Gatsby Charitable Foundation and Volksvermorgen NV. AAC invested in East African agricultural-related businesses across the value chain. It is now fully invested with a full exit of all investments achieved by December 2018
African Seed Investment Fund
(ASIF, 2010-2021)
The Alliance for a Green Revolution in Africa (AGRA) is the sole investor in ASIF. ASIF’s mandate is to provide affordable risk capital to seed companies to improve the delivery of quality certified seed to smallholder farmers. ASIF invested in qualifying businesses in seven countries namely Kenya, Tanzania, Uganda, Rwanda, Ethiopia, Mozambique, and Malawi.
Yield Uganda Investment Fund
(Yield Fund, 2017-2027)
The European Union (EU), the International Fund for Agricultural Development (IFAD), Uganda National Social Security Fund (NSSF), FCA Investments (FCAI) and the Open Society Foundations (OSF) established this impact investment fund for SME agribusiness development in Uganda.
Yield Fund’s 5-yearinvestment period started in February 2017 and has now entered its divestment phase having fully deployed capital to a total of 15 assets by the end of 2022. The fifteenth and final investment was made into Quality Milk Dairy Limited, a locally owned milk collection and processing operation that is embarking on value addition operations.
African Agricultural Capital Fund
(AACF, 2011-2018)
AACF’s investors are the Rockefeller Foundation, the Bill and Melinda Gates Foundation, the Gatsby Charitable Foundation and JP Morgan Chase Social Finance. AACF invested in high growth businesses in the agricultural value chain in Kenya, Uganda, and Malawi, and offered them technical assistance through a facility financed by the United States Agency for International Development (USAID) Uganda.