Nora Zhou
MCERA approved a $7.5m commitment to Blue Road Capital, a real asset manager focused on agriculture.
The agri-specialist PE firm will also reveal its first two investments within the next six months.
Agribusiness giant Amatheon is bringing a sustainable vertical integration model to sub-Saharan Africa. Chief executive Carl Heinrich Bruhn talks about the market's attractiveness, and the bottlenecks agriculture still faces in the region.
Granular closed Series B financing with $18.7m from four new investors and three returning investors.
Archer Daniel Midland and Serra Ventures are among the investors in Agrible, an agtech start-up that focuses on predictive analytics.
The $30m joint venture with Naturisa will invest in an Ecuadorian shrimp feed facility.
The fund held a first close on $150m in January, and is still fundraising.
The fund has raised $5m from Global Environment Facility and is looking for more donors to meet its $25m target by the end of the year.
A report by Savills and Scottish Woodlands suggests forestry is performing well, with transaction values rising and timber prices providing a boost this year.
The Council on Smallholder Agricultural Finance upped its lending by 56% last year, arranging loans for 658 businesses in 64 countries.