In 2017, The Fund, together with other partners, launched the Yield Uganda Investment Fund to catalyse investment across the agricultural value chain. The €20 million investment fund provides access to capital for small and medium agribusinesses in Uganda.
The partners include the European Union (EU), the International Fund for Agricultural Development (IFAD), Open Society Foundation and FCA Investments. The investment fund is managed by Pearl Capital Partners Uganda (PCP).
The Yield Uganda Investment Fund has invested in 15 entities across the agricultural value chain, impacting thousands of farmers across the country.
It is now in the divestment phase, exiting some of its earlier investments. Companies from which it has divested include Clarke Farm Limited and Enimiro.
To date, its investments have included the following entities:
Pristine Foods Limited produces egg products with an extended shelf life. Its core business is the manufacture and sale of liquid, frozen and powdered egg products.
Sesaco Limited processes and manufactures products made from soy.
Central Coffee Farmers Association Ltd (CECOFA) is a primary coffee processor owned by farmers.
Clarke Farm Ltd produces fine speciality Robusta coffee, a grade of coffee free from defects.
Raintree Farms is an agriceutical company whose operations centre on growing and processing moringa.
Chemiphar provides services to small and medium businesses operating in food and beverages, agricultural products, environmental services, pharmaceuticals, cosmetics and agricultural seeds.
NASECO produces, processes and distributes certified seeds in Uganda and across the East African Community.
AMFRI Farms is a leading organic food exporter serving markets in the European Union, the United States and the Middle East.
Pura produces cassava cuttings for smallholder farmers and has expanded into cassava processing and value addition.
Sekajja Agro Farms Limited (SAF) rears chicks from one day old to maturity and distributes both live birds and dressed chicken.
Sausage King specialises in value addition and the processing of beef, poultry and pork into convenient, premium meat products.
Enimiro connects smallholder farmers to international markets for vanilla, Arabica coffee and dried pineapple.
Kamp Group Limited operates in the small and medium agribusiness sector.
Newman Foods Ltd processes and markets branded consumer foods and exports fresh fruits and vegetables.
Quality Milk Dairies Limited is a vertically integrated company involved in milk production, aggregation, processing and distribution.
By targeting agricultural businesses across value chains, the Yield Uganda Investment Fund demonstrates how catalytic investment can support agribusiness expansion, improve access to markets, create jobs and increase farmers’ incomes.
These investments also provide opportunities to expand social security coverage across the agricultural sector.