Injaro Investments Closes Injaro Agricultural Capital Holdings with US$49 Million in Commitments (Sub-Saharan Africa)

Source: Injaro Investments

Agriculture-focused private equity firm Injaro Investments has reached a final close on Injaro Agricultural Capital Holdings, its West Africa-focused impact-oriented fund, with total capital commitments of US$49 million. Final closing commitments of US$15 million, US$10 million and US$7 million were received from development finance institutions CDC, via its DFID Impact fund; FMO, via its MASSIF Fund; and PROPARCO, via its Investment and Support fund for Business in Africa, respectively. As of 30 June 2014, Injaro had already made commitments of US$9.3 million to seven companies located in five different countries.