Pearl Capital Partners is a venture capital firm based in Kampala, Uganda, with additional offices in Nairobi, Kenya, and Mauritius. Established in 2005, the firm specializes in investing in small and medium-sized agribusinesses in East Africa, particularly focusing on Uganda. Pearl Capital Partners typically invests between $0.25 million and $2.5 million per company, utilizing a mix of equity, quasi-equity, equity-related, and debt investments. The firm aims to generate financial returns while fostering significant social impact by collaborating with ambitious management teams and employing supportive investment structures and specialized expertise to cultivate high-growth agribusinesses.
Newman Foods is an agro-processing company based in Kampala that specializes in the manufacture and export of a wide range of fresh agricultural products. The company focuses on producing and marketing branded consumer foods for both local and regional retail markets. Additionally, Newman Foods is engaged in the aggregation and export of fresh fruits and vegetables to the European market. Committed to promoting modern commercial farming, the company advises and encourages local production while advocating for sustainable agricultural practices. Newman Foods also offers packaged food products and processed chili sauces, providing a diverse array of quality snacks to its customers.
Kamp Feed
Debt Financing in 2022
Kamp Feed is a food producer of nutritional animal feeds that specializes in pelleted animal feeds.
Kamp Feed
Private Equity Round in 2022
Kamp Feed is a food producer of nutritional animal feeds that specializes in pelleted animal feeds.
Sausage King 3000 Uganda
Venture Round in 2021
Sausage King 3000 Uganda offers fresh and processed beef products to all income groups in Uganda. The company aims to produce quality meat products on the African Continent and to educate consumers about the value of sausages as a nutritious food option. In addition to serving local markets, Sausage King 3000 Uganda also serves international hotels and supermarkets.
Sekajja Agro Farms
Debt Financing in 2021
Sekajja Agro Farms Limited is a poultry farming company based in Kampala, Uganda. The primary focus of the business is the rearing of day-old chicks (DOCs) until they reach maturity, after which the mature birds are distributed as live poultry and processed into dressed chicken for both informal and formal markets. In addition to poultry rearing, Sekajja Agro Farms operates a feed mill to produce animal feed, an abattoir for processing chickens, and a cold chain to ensure proper storage and distribution. The company also has branded retail outlets to facilitate the sale of its products.
Sekajja Agro Farms
Private Equity Round in 2021
Sekajja Agro Farms Limited is a poultry farming company based in Kampala, Uganda. The primary focus of the business is the rearing of day-old chicks (DOCs) until they reach maturity, after which the mature birds are distributed as live poultry and processed into dressed chicken for both informal and formal markets. In addition to poultry rearing, Sekajja Agro Farms operates a feed mill to produce animal feed, an abattoir for processing chickens, and a cold chain to ensure proper storage and distribution. The company also has branded retail outlets to facilitate the sale of its products.
AMFRI Farms
Venture Round in 2021
Amfri Farms is engaged in the production, processing, and export of a variety of organic fruits, vegetables, herbs, and spices. The company specializes in frozen products, including apple banana puree, mango pulp, and diced mango, as well as an array of herbs and spices such as chilli, vanilla, coffee, lemon balm, dill, and turmeric. In addition to these offerings, Amfri Farms exports fresh produce like jackfruit, avocados, Irish potatoes, pumpkins, and sweet potatoes. The company's operations are rooted in a commitment to sustainable farming practices, aiming to foster a deeper connection between communities and nature through bio-dynamic production methods.
Pura Organic Agro Tech
Private Equity Round in 2021
Pura Organic Agro Tech is a producer of cassava.
Pura Organic Agro Tech
Debt Financing in 2021
Pura Organic Agro Tech is a producer of cassava.
NASECO
Private Equity Round in 2020
NASECO is one of the largest seed companies operating in Uganda. It is located in Hoima district in Western Uganda and produces and trades in hybrid maize seed. Additional products include rice, groundnuts, sorghum, soya beans, beans and sunflower. Seed is marketed to stockists and numerous NGOs operating in Northern Uganda, Southern Sudan and Eastern Congo.
Raintree Farms
Private Equity Round in 2019
Raintree Farms, Ltd. is an agricultural company based in Masindi, Uganda, specializing in the cultivation and processing of Moringa oleifera crops. Founded in 2015, the company produces Moringa oleifera powder, which serves various markets, including nutrition, beauty, and health, offering premium, organically certified products. In addition to its core operations, Raintree Farms provides programs aimed at supporting farmers, such as the Secured Income Program and the Moringa Cultivation Boot Camp. These initiatives are designed to help farmers optimize their land use and secure a stable income through the commercialization of Moringa cultivation.
Sesaco Uganda
Private Equity Round in 2018
Sesaco Limited is an agro-processing company, processing and manufacturing soy-based products. The Promoter mooted the idea in 1978, started trading at small-scale household levels, and consequently registered Sesaco in 1987. The business is located at Kyengera Trading Center, 9 kilometers from Kampala city center, a prime location providing accessibility to suppliers and markets. Sesaco’s flagship products are soy cups (a decaffeinated instant beverage), soy millet flour and soy maize flour.
Meru Greens Horticulture
Private Equity Round in 2014
Meru Greens Horticulture Ltd. produces and markets fruits and vegetables in Kenya and internationally. It provides fruits, such as pawpaw, oranges, water melons, yellow passion fruits, tomatoes, tree tomatoes, lemons, avocadoes, mangoes, apple mangoes, sweet/apple bananas, and bananas; vegetables that include fine beans, sugar snaps, snow peas, baby-corns, French beans, red and yellow pepper, sweet potatoes, pumpkins, red and white onions, green pepper, cassava, butternuts, and arrow roots; and other products.
Eldoville Dairies
Private Equity Round in 2014
Eldoville Dairies is a family-owned business located 15 kilometers from Nairobi's city center, specializing in the production of dairy products, fruits, and vegetables. Established in June 1985, the enterprise began with the daily production of two liters of cream for a local hotel and has since evolved into a commercial-level dairy operation. The farm features a zero grazing unit with a significant herd of cows, alongside areas dedicated to growing fodder and household vegetables. Eldoville Dairies offers a diverse range of products, including cheeses, yogurts, cream, butter, and processed fruits and vegetables, promoting the consumption of fresh produce and encouraging a balanced and healthy lifestyle among its customers.
KK Foods
Private Equity Round in 2014
KK Fresh Produce Exporters Limited is a Ugandan based company whose primary business is the export of locally produced fresh vegetables and fruits to the European market. Its main exports produce are fresh chillies, hot pepper, ground nuts, bananas, okra, egg plants and which it freights to its wholesale clients in Europe. The business sources its fresh fruits and vegetables from smallholder farmers in central and western Uganda.
Biyinzika Poultry International
Private Equity Round in 2013
Biyinzika Poultry International Limited is a leading poultry company in Uganda, primarily engaged in the sale of day-old chicks. Established in 1991, the company operates hatcheries and processing facilities that produce poultry feeds, as well as other livestock feeds for dairy and pigs. With a market share exceeding 50% in the day-old chick sector, Biyinzika has positioned itself as a key player in the industry. The company has also benefited from financial support, including loans from Pearl Capital Partners, which significantly contributed to its growth. Biyinzika's operations are designed to provide cost-effective solutions for customers and poultry farmers, ensuring access to quality livestock feeds.
Freshco Seeds
Debt Financing in 2013
Freshco, founded in 2000 and based in Nairobi, specializes in the production, processing, and distribution of high-quality seeds and planting materials aimed at the farming community in Kenya and the East and Central Africa region. The company offers a diverse range of products, including maize seeds, vegetable seeds, drought-tolerant crop seeds, and tree seeds. Freshco sources its germplasm from respected institutions such as the Kenya Agricultural Research Institute, the International Centre for Maize and Wheat Improvement, and other organizations under Material Transfer Agreements. Additionally, the company procures vegetable seeds from established global breeders and suppliers. Freshco also operates a seedling nursery, providing essential resources to small-scale farmers across the region.
Midlands Limited
Private Equity Round in 2013
Midlands Limited is a food processing firm. The company deals in the processing and packaging of potato products including potato crisps and chips.
Dengo Commercial Lda.
Venture Round in 2012
Dengo Commercial Lda is a seed business located in Chimoio, in the Manica province of Mozambique, near the border with Zimbabwe. With a nascent seed sector and a growing population amidst changing climate patterns in Mozambique and the region in general, Dengo is poised to become one of the leading private seed companies in Mozambique to spin the growth of the sector and contribute to the improvement in the incomes of rural smallholder farmers and general food security.
Alemayehu Makonnen Farm
Private Equity Round in 2012
Alemayehu Makonnen Farm is engaged in the production and marketing of grain seeds, with a particular focus on maize, offering both hybrid and open-pollinated varieties. In addition to seed maize, the farm also cultivates other non-grain crops, including wheat and teff. By providing high-quality seed options, the farm aims to enhance agricultural productivity for local farmers in Ethiopia, allowing them to achieve greater yields and improve their livelihoods.
Highland Seed Growers
Private Equity Round in 2012
Highland Seed Growers Limited is engaged in the production, processing, and distribution of seeds of various crops to farmers through a network comprising stockists, as well as other private and public institutions engaged in agriculture in Tanzania. It also conducts research and development work in collaboration with public agricultural research institutes to speed up the availability and transfer of new marketable technologies to rural farming communities.
Northern Uganda Agricultural Centre (NUAC)
Private Equity Round in 2012
NUAC is a large scale farm located in Nwoya District, Northern Uganda producing cereals for sale as seed and food grain in Uganda and the region. NUAC is pioneering mechanized production of soya, rice and maize in Northern Uganda and is currently farming just over 300 hectares of land. Our investment will provide NUAC with medium-term capital to increase its area under cultivation to over 1,000 hectares and scale up production of crops for both seed and commercial consumption.
Northern Uganda Agricultural Centre (NUAC)
Debt Financing in 2012
NUAC is a large scale farm located in Nwoya District, Northern Uganda producing cereals for sale as seed and food grain in Uganda and the region. NUAC is pioneering mechanized production of soya, rice and maize in Northern Uganda and is currently farming just over 300 hectares of land. Our investment will provide NUAC with medium-term capital to increase its area under cultivation to over 1,000 hectares and scale up production of crops for both seed and commercial consumption.
Wilmar Flowers
Debt Financing in 2012
Wilmar Flowers Limited, established in 1995 and based in Thika, Kenya, specializes in the export of summer flowers cultivated by small and medium-sized farmers. The company engages over 4,000 farmers, organizing them into groups to enhance production efficiency. Wilmar Flowers offers a diverse range of floral products, including ornithogalum thyroides, ornithogalum saundersiae, mobydick asclepias, craspedia globosa, cyperus papyrus, ammi visnaga in both white and green varieties, eryngium planum, rudbeckia, polianthes tuberose, and scabiosa stellata. Focused on serving markets in Europe and the United States, Wilmar aims to provide fresh flowers at competitive prices while supporting local agricultural communities.
Funwe Farm Limited
Private Equity Round in 2011
Funwe Farm Limited produces, promotes, and distributes hybrid and Open Pollinated Varieties (OPV) maize and legume seeds. Funwe Farm Limited owns two farms, Funwe and Mitongwe. The company also buys seeds from out growers. Funwe Farm Limited sells its products through the Agricultural Inputs Subsidy Scheme to smallholders in Malawi. Funwe Farm Limited was founded in 2001 and is based in Blantyre, Malawi.
Dryland Seed
Private Equity Round in 2011
Dryland Seed Limited, founded in 2004 and based in Machakos, Kenya, specializes in the production and sale of drought-tolerant crop seeds suitable for dryland conditions. The company offers a range of seeds, including maize, beans, cowpeas, pigeon peas, sorghum, and green grams. By focusing on genetically modified varieties, Dryland Seed aims to enhance agricultural output in low and medium altitude arid and semi-arid land (ASAL) areas of Africa. The seeds are processed and distributed through a network of agro-dealers, ensuring that farmers in drought-prone regions have access to quality seeds that require minimal irrigation. Dryland Seed is dedicated to supporting cultivators by providing suitable seed varieties and reliable service.
Western Seed
Venture Round in 2010
Western Seed is a Kenya-based company whose mission is to address the lack of maize productivity among smallholder farms in East Africa. Using its hybrid seed varieties allows farmers to double crop yields and increase their income. In the last two growing seasons, Western Seed reached more than 300,000 farmers. By 2014, Western Seed hopes to impact 800,000 households which translates into more than 4 million people.
Seed-Tech
Private Equity Round in 2010
Seed-tech is a Malawian business founded in 2009. It buys in and processes hybrid maize and legume seed for sale through the Agricultural Inputs Subsidy Scheme. In 2013, the business expects to process and market 500 MT of seed. The business contracts commercial and smallholder outgrowers to produce its seed, thereby increasing income in the local community.
Farm Inputs Care Centre Uganda (FICA)
Private Equity Round in 2010
FICA Uganda is one of the largest seed businesses in Uganda. Founded in 2001, after the Ugandan seed industry was liberalized, it was the pioneer of privately-owned seed companies in Uganda. With three substantial farms and a large processing facility located in Masindi, FICA has the potential to produce 10,000 MT of seed per annum. FICA also works with more than 500 outgrowers to produce seed.
Western Seed
Private Equity Round in 2007
Western Seed is a Kenya-based company whose mission is to address the lack of maize productivity among smallholder farms in East Africa. Using its hybrid seed varieties allows farmers to double crop yields and increase their income. In the last two growing seasons, Western Seed reached more than 300,000 farmers. By 2014, Western Seed hopes to impact 800,000 households which translates into more than 4 million people.
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