Investment by African Agricultural Capital Fund
Pearl Capital Partners made a commitment to invest over USD 2Mn in Meru Greens Horticulture Ltd, a Kenyan horticulture company. Meru Greens Horticulture Ltd is a supplier of fruit and vegetables to distributors and major retailers in Kenya. The investment which is a combination of equity and debt will assist the business in developing a complete value chain for small holder farmer produce. It will also further enable Meru Greens to expand value addition operations of its fruits business, diversify product lines and serve a wider market.