The Food Securities Fund has expanded its portfolio through investments in East and Southern Africa. Through these new transactions, the Fund impacts an additional 30’000 smallholder farmers and their families. Clarmondial, the Fund’s investment advisor, is actively assessing additional opportunities in Sub Saharan Africa, Latin America and Asia.
The Fund supports companies that operate in emerging and developing markets. Loans from the Fund enable borrowers to contribute to sustainable land management and rural economic development, in particular for smallholder farming communities. The Fund promotes the uptake of improved agricultural practices and the use of certification standards, such as organic, Rainforest Alliance and Fair for Life. These benefit soil quality, biodiversity, and climate adaptation & mitigation. Furthermore, it addresses social issues including gender inequality and youth unemployment.
Herbert Hatanga, Clarmondial’s Partner for East Africa, expressed his excitement about the Fund’s expansion in the region. He added: “I look forward to working with the current and oncoming portfolio companies on the adoption of sustainable agricultural practices in the region, to the benefit of smallholder farmers.”