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BUSINESS ADVISORY AND FINANCIAL SERVICES SPOTLIGHT FOR THE WEEK OF AUGUST 1

BUSINESS ADVISORY AND FINANCIAL SERVICES SPOTLIGHT FOR THE WEEK OF AUGUST 1

Feed the Future Uganda Inclusive Agricultural Markets (FtF IAM) Activity works with the transaction and capital advisory firms to scale agribusinesses’ access to financing in form of working capital. Last week, FtF IAM partner Bid Capital Partners (BiD), closed an investment deal between Newman Foods and Pearl Capital Partners (investor).

Newman Foods is an agro-processing firm that produces snacks (crisps, roasted nuts, etc.), and exports fresh produce (vegetables and fruits). This deal will enable Newman to accomplish its business growth plans of constructing a large processing facility, procurement of machinery, rebranding, and marketing.

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