Pearl Capital Partners

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.

David Wangolo

Investment Director

Past deals in Malawi

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.

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.
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