Phatisa Food Fund III Closes $25 Million

Phatisa Food Fund III has secured $25,000,000 in investment capital from investors. This significant funding round will enable Phatisa, a leading sub-Saharan African private equity fund manager, to further its mission of investing across the continent's food value chain and in affordable housing. The firm, established in 2005, is known for balancing commercial returns with measurable impact objectives. Phatisa manages three funds totaling over US$400 million, overseen by a diverse team of more than 35 dedicated staff with extensive experience in private equity and commercial businesses throughout Africa. The firm operates on the principle of 'and', committed to delivering both impact and returns, planet and profits, and growth and responsibility. This approach is central to its belief that financial performance and positive impact are mutually beneficial, not exclusive. The newly raised capital for Phatisa Food Fund III will be strategically deployed to identify and invest in businesses within the African food value chain. These investments aim to create inclusive enterprises that maintain a strong commercial focus while actively addressing pressing societal and environmental challenges. By targeting this critical sector, the fund seeks to positively impact the lives and livelihoods of African people through sustainable and commercially viable ventures. This latest funding achievement reflects investor confidence in Phatisa's proven track record and its distinctive investment philosophy. The fund plans to leverage this capital to expand its portfolio, supporting businesses that enhance food security and foster economic growth across sub-Saharan Africa. Phatisa Food Fund III is poised to continue its work as a catalyst for sustainable development in key African markets.