Capital raising

Agri-Vie fund close to $100 million target, finding projects

Agricultural private equity fund Agri-Vie will reach its target of raising $100 million for investment in agricultural projects by February or March, according to an interview with Reuters. It says there is plenty of potential and plans a second fund of up to $300 million. Earlier in January the fund made 2 investments totalling $10 mln in 2 agricultural projects in Ethiopia and across the region, and it is close to finalizing a $4 mln investment in Tanzania.


ECX sells another 150 seats

The fast-growing Ethiopian Commodity Exchange ( on 31 December sold 150 full membership seats for a total of Birr 34 million (US$2.7 million). The new …


Ethiopian Commodity Exchange to help finance agricultural trade

Traders on the Ethiopian Commodity Exchange will be able to use their stocks to access bank finance, according to a scheme launched with the International Finance Corporation