Ugandan agro-processor Pura Organics receives US$2.5m investment from Pearl Capital Partners

UGANDA – Pura Organic Agro Tech Ltd, an agro-processing company focused on the cassava value chain in Uganda, has clinched a US$2.5 million straight equity and patient debt investment from Yield Fund, managed by Pearl Capital Partners. The investment will enable Pura acquire and install a vertically integrated cassava processing plant that is envisaged to produce an assorted line of three products comprising of: High-Quality Cassava Flour (HQCF), Tapioca starch, and Sago (an edible starch delicacy that is made from cassava). Pura which was incorporated in 2011, is seeking to…

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Ugandan seed producer NASECO clinches US$1.2m investment from Pearl Capital Partners

UGANDA – Pearl Capital Partners through the Yield Uganda Investment Fund, has invested UGX 4.6bn (US$ 1.2m) in NASECO, Ugandan based producer, processor and distributor of certified seeds in the East African community. Having operations for over 20 years, the investment aims at improving NASECO’s production capacity and market development. In addition to that, Pearl Capital will provide NASECO with business development support to enhance both the technical and governance facets of the business, to ensure sustainable and prolonged growth and self-sustenance in the future. Rodeyns Nicolai, NASECO Managing Director…

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