We are a specialist agriculture investment firm that has been investing in small and medium sized East African agribusinesses since 2006. Our investments generate financial returns for our investors while creating significant social impact. Our success is derived from working with ambitious management teams, providing supportive investment structures and specialist expertise that create high-growth agribusinesses.
Our investments strengthen agricultural sub-sectors and use smallholder farmer networks to generate significant income for millions of families across East Africa. The byproduct of this growth is that it creates financial returns for us and our investors.
PCP has the pleasure to announce the first closing of our 4th Impact Fund, the Yield Uganda Investment Fund, devoted to small and growing agribusinesses with a total committed amount of €12m. The Fund is anchored by €10m from the European Union (EU) through the International Fund for Agricultural Development (IFAD) and €2m committed by the National Social Security Fund Uganda (NSSF).
AACF’s investors are the Rockefeller Foundation, the Bill and Melinda Gates Foundation, The Gatsby Charitable Foundation, JP Morgan Chase Social Finance and USAID. The investors have collectively invested US$25 million for the fund plus a technical assistance facility of US$1.5 million from USAID. AACF invests in high growth business in the agricultural value chains in East Africa. AACF has invested in 8 businesses in Uganda, Kenya and Malawi.
The Alliance for a Green Revolution in Africa (AGRA) is the sole investor in ASIF where it invested US$12 million. ASIF’s mandate is to provide affordable risk capital to seed companies to improve the delivery of quality certified seed to smallholder farmers. ASIF invests in qualifying business in eight countries namely Kenya, Tanzania, Uganda, Rwanda, Ethiopia, Mozambique, Malawi and Zambia. ASIF is now fully invested with 13 investees across the East and Southern African region.
AAC was established as an investment company in 2005 with the following investors: The Gatsby Charitable Foundation, Rockefeller Foundation and Volksvermogen NV, a Belgian investor. The investors collectively invested US$9 million in AAC.
AAC invested in high-growth SMEs, achieving a commercial return which while impacting large numbers of smallholder farmers by bringing them into markets. The fund fully invested the US$9 million in 16 businesses.
Capitalised by the Alliance for a Green Revolution in Africa(AGRA), the Africa Seed Investment Fund (ASIF) was set up in 2010 as a specilised impact fund to invest in seed businesses in Sub Saharan Africa. The fund is managed by Pearl Capital Partners, a specialist agriculture investment fund manager.
AGRA made a commitment of US$ 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.
Some Of Our Investments
Africado was established in 2007. It produces Hass avocados in West Kilimanjaro in Northern Tanzania for export to the EU.
NASECO is one of the largest seed companies operating in Uganda. It is located in Hoima district in Western Uganda.
FAIM Rwanda is the first tissue culture business in Rwanda and indeed one of the first few in the region.
Biyinzika Poultry International Limited (Biyinzika) primary business is the sale of day-old chicken in Uganda.