Norfund Invests US$10 Million in the Agricultural Business of Chayton Atlas (Sub-Saharan Africa)

Source: Chayton Atlas Investments

The Norwegian Investment Fund for Developing Countries (Norfund) has invested US$10 million in Chayton Atlas Investments (Chayton), a company that develops and operates farms in Zambia and other countries in Sub-Saharan Africa. Norfund’s investment will be used to expand the operations of Chayton, including through investments in additional farms or businesses providing grain drying, storage, processing and distribution services. The investment gives Norfund an equity stake in Chayton of approximately 21 percent.