RMBV North Africa fund backs food company
Africa Feed & Food operates across the grain and poultry value chain.
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RMBV’s North Africa fund has signed a MAD 850 million (about $90 million) investment agreement with Africa Feed & Food (AFF), a Moroccan agro-industrial groups, alongside Proparco.
AFF operates across the grain and poultry value chain.
“We believe AFF is well positioned to accelerate its growth and consolidate its leadership in Morocco and across the region. Through this partnership, we aim to contribute directly to food security in Morocco and West Africa, job creation, the development of local agri-food value chains, and the modernisation of a sector critical to the continent’s future,” RMBV said in a statement.
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