Why Phatisa closed PFF2 fund below 2019 $300 million target

Focused on agriculture, South Africa-based impact fund manager Phatisa welcomed five Development Finance Institutions (DFI) in its latest round yet remains far from its initial target of $300m.

11/02/2021 at 19h17, by Africa Business+

Founded in 2011 and led by Zambian Valentine Chitalu, a former accountant with KPMG UK, Phatisa completed the final round of funding for its Phatisa Food Fund 2 (PFF2) but remained far from its initial target of $300 million set in 2019.

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