SEAF Launches First Sub-Saharan Fund in Tanzania

SEAF is launching a USD 8,000,000 investment and lending vehicle, supported by a business advisory practice, focused on Tanzanian agricultural SMEs in January 2015

Dar es Salaam, Tanzania – SEAF is launching a USD 8,000,000 investment and lending vehicle, along with a business advisory practice, in Tanzania in January 2015. These operations will serve entrepreneurs in the country’s agribusiness sector, particularly important given that agribusiness supports an estimated 80% of Tanzanians, according to the Government of Tanzania. SEAF is focusing its efforts on: animal feed producers and distributors; export oriented fruit, vegetable, and/or spice processors; equipment leasing finance providers; and non-bank financial institutions serving small, growing agribusinesses.

For the full press release, click here.