Fund vehicle
Africa Food Security Fund I
The Africa Food Security Fund I (AFSF I) is an investment vehicle managed by AgDevCo, an impact investor focused on sustainable agricultural development in Africa. Launched in 2013, the fund's primary purpose is to provide growth capital to small and medium-sized enterprises (SMEs) across Sub-Saharan Africa's agricultural value chain. It targets businesses involved in primary agriculture, processing, and distribution, aiming to enhance food security, create employment, and foster economic growth in the region.
- Manager
- Zebu Investment Partners
- Vintage
- 2019
- Strategy
- Private Equity
- Target size
- $100m
- Size
- $98m
- Status
- Fully Invested
Disclosed limited partners
- British International Investment (BII)
- Common Fund for Commodities
- Dutch Good Growth Fund (DGGF)
- ECOWAS Bank for Investment and Development (EBID)
- European Investment Bank (EIB)
- Impact Fund Denmark (IFU)
- Kuramo Capital Management, LLC
- The African Development Bank Group (AfDB)
- The Public Investment Corporation SOC Limited (PIC)
Sources
- Partner Researchers, accessed 14 November 2026