Zebu Investment Partners commits $6.5m to AMC Trade Finance

Zebu Investment Partners has closed its investment in AMC Trade Finance (AMCTF) through its sophomore Africa Food Security (AFS) fund. AMCTF is a specialist trade finance institution, providing bespoke, secured and structured trade finance solutions for Africa-focused trade. The investment from AFS is a combination of equity and preference shares, enabling AMCTF to leverage and expand its loan book, to benefit trade and SMEs across sub-Saharan Africa.

With its inaugural transaction in 2016, AMCTF has since completed transactions in soft commodities such as cocoa, cashew and coffee, facilitating export and import trade in African countries including Cameroon, Ghana, Kenya, Nigeria and Tanzania with a strategy to bolster its pan-African origination, going forward.

Zebu managing partner, Brian Frimpong, notes the Covid-19 pandemic’s impact on food security across the continent: “We believe that food security is a basic human right, and the pandemic came at a time when Africa was still grappling with food scarcity issues, with an estimated 73 million people on the continent acutely food insecure.

”AMCTF’s secured trade financing model is ideally positioned to enable our fund’s mandate of catalysing increased food security within the continent. We look forward to our partnership with AMCTF, which we believe can play an instrumental role in accelerating Africa’s post-pandemic economic recovery.”

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