Loan, EquityType
Stage | Stage 5: Scaling and Stage 6: Sustained Scale | |
Implemented In: | ||
Region | N/A | |
Country | Cape Verde, Comoros, Guinea, Ghana, Gambia, The, Gabon, Ethiopia, Eritrea, Equatorial Guinea, Congo, Democratic Republic of the, Chad, Cameroon, Burundi, Burkina Faso, Botswana, Benin, Angola, Sao Tome and Principe, Mauritius, Malawi, Senegal, Rwanda, Nigeria, Niger, Namibia, Mozambique, Mauritania, Mali, Liberia, Lesotho, Kenya, Guinea-Bissau, Cote d'Ivoire, Central African Republic, Togo, Seychelles, Uganda, Zimbabwe, Zambia, Tanzania, Swaziland, Sudan, South Africa, Somalia, Sierra Leone and Madagascar | |
Focus Areas | Agriculture and Policy and Regulation Cultivation & Tools (Agriculture) Livestock & Agriculture (Agriculture) Agriculture and Technology Seeds & Stock (Agriculture) Post Harvest (Agriculture) Processing & Production (Agriculture) |
Management Team | An experienced management team with a compelling vision for the business and a willingness to collaborate with a financial investor. | REQUIRED | |
Potential for Scale | A commitment to transparency and proven sustainable industry-competitive advantages. We only support commercially sustainable businesses with a proven track record. We do not invest in informal or micro enterprises, or SME companies looking for an investment less than US$ 5 million. One of the key criteria Phatisa considers when making an investment is the ability to achieve a liquidity event over four to seven years. The exit strategy is always well thought through in order to secure the combined interests of the Fund, the company, its founding members and management. Exit strategies include the sale of the Fund's interests in portfolio companies to trade players, majority shareholders, local communities, secondary MBOs and listings on local exchanges, which are seeing increasing liquidity as asset management in Africa grows, in addition to dual listings, which improve fungibility. | REQUIRED | |
Financial Statements | A proven financial and operational track records and potential for future growth; a realistic valuation; and an ability to achieve a profitable liquidity event in the medium term. | REQUIRED | |
Other | Companies in which we invest must adhere to social and environmental codes of conduct. |