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PRESS ROOM

Welcome to the DAFML press room.

2012

THE AAF SME FUND INVESTS IN CAMEROONIAN COMMERCIAL FARM

"The AAF SME Fund, managed by Databank Agrifund Manager Limited (DAFML), has successfully closed its first transaction with an investment in West End Farms (WEF) end October 2012. This SME venture is one of the leading mixed farming enterprises in Cameroon with farms and a cattle ranch across various locations in the country..."

THE AAF SME FUND FIRST CLOSES AT US$ 30 MILLION, 13 FEBRUARY 2012

"The AAF SME Fund has achieved a first closing at US$ 30 million. This is an independently managed subfund of the African Agriculture Fund (AAF), Africa’s first private equity fund focused solely on food production throughout the continent. The launch of this niche private equity fund represents a milestone for the development of Africa’s small and medium sized enterprises (SMEs) linking local enterprise with international sources of finance..."

2011

TAF LAUNCH PRESS RELEASE, OCTOBER 2011

"The 10-million Euro (US$ 13.3 million) Technical Assistance Facility (TAF) linked to the African Agriculture Fund (AAF), a private equity fund, managed by Phatisa, has been launched.

AAF was specifically designed to address food security challenges across the African continent. Reaching its first closing at US$ 151 million and commencing operations in January 2011, the AAF has a total target size of US$ 300 million. At first close, US$ 30 million of the fund has been allocated to investments in small and medium enterprises (SMEs) through the dedicated AAF SME Fund. The purpose of the TAF is to provide technical assistance to agriculture and food related businesses that receive investment through the AAF, allowing them to create new opportunities for smallholder farmers, farmer business groups and rural communities. TechnoServe has been appointed to implement the day to day activities of this facility..."

 

          
 
 
 
 
 
 
 
 
A food and agri business focused fund managed by DAFML
 
 
 
 
 
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© Databank Agrifund Manager Limited 2012