Moringa, an impact investment fund specialising in agroforestry projects in sub-Saharan Africa and Latin America, has finalised its second investment in Africa.
Moringa took a stake in Asante Capital EPZ, a Kenyan company developing tree plantations and tropical crops, mainly ginger, moringa and eucalyptus.
This first USD3 million investment (out of a total investment of USD6 million) will help create a plywood industry in the country as well as kick-start the production of essential oils and food products.
