This investment was made when British International Investment was named CDC Group.
iProcure is one of the largest agricultural supply chain platforms in rural Africa, connecting smallholder farmers with high quality agricultural inputs when they need them. Leveraging a proprietary platform, mobile technology, and its own depots, iProcure has developed a demand led, data-driven connection between input manufacturers and smallholder farmers.
Since 2012, we’ve only invested in Africa and South Asia. Investments outside these regions are from our pre-2012 portfolio.
- Africa, East Africa
We have seven priority sectors. However, we continue to invest outside these sectors, largely in the most challenging regions, as new investment supporting any sector helps to underpin the private sector, and create jobs and livelihoods for people.
- Food and agriculture
- Investment type
We provide capital in three broad ways: direct equity, debt, and intermediated equity (principally through investment funds).
- Intermediated investment
- Novastar Ventures East Africa Fund I LP
- Fund Manager:
- Novastar Ventures Limited
- Start date
For direct investments, this is the date British International Investment committed capital to the business or project.
For funds, this is the date that British International Investment committed capital to the fund.
For underlying fund investments, this is the date that the fund invested capital into the business.e
- June 2017
This is the investee company’s place of incorporation; or a fund’s jurisdiction.