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.
