Morocco: FMO backs agri supply chain platform
The Dutch DFI has disclosed an approved investment of $1 million in Yola Fresh.
Africa Private Equity News’ Connect messaging service is now free. Directly message other private equity professionals in our community.
Download the free Africa Private Equity News app: Android | iOS (or search for it in the app store)
Tap on the top-right icon to log in or register a free account
Tap on bottom-right Connect icon to start chatting
The Dutch entrepreneurial development bank, FMO, has disclosed an approved equity investment of $1 million in Yola Fresh. The company is a tech-enabled supply chain platform aiming to streamline the fresh fruit and vegetables sector in Morocco and across Africa, building an efficient distribution platform between farmers and retailers.
The investment will support the company’s operational expenses during its expansion.
* Subscribe to Africa Private Equity News’ monthly Dealmaker’s Log for a database of the reported investment deals, exits and fundraising closes. Click here for more information.