Flow Equity raises $14 million to expand into Ghana and Kenya
The US-based poultry company, co-founded by David Ellis and Joseph Shields, closed a new round with participation from AgDevCo, AHL Venture Partners, Acumen Resilient Agriculture Fund (ARAF) and the Bill & Melinda Gates Foundation.
Someone shares this article with you
▪ Flow Equity raises $14 million to expand into Ghana and Kenya
▪ The US-based poultry company, co-founded by David Ellis and Joseph Shields, closed a new round with participation from AgDevCo, AHL Venture Partners, Acumen Resilient Agriculture Fund (ARAF) and the Bill & Melinda Gates Foundation.
▪ https://www.africabusinessplus.com/en/813364/flow-equity-raises-14-million-to-expand-into-ghana-and-kenya/
Flow Equity owns EthioChicken and Uzima Chicken subsidiaries, operating in Ethiopia, Rwanda, Uganda and Burundi. These entities sell day-old chicks (with their vaccines) and high-protein poultry feed to 10,000 distributors. The chicks mature after about six weeks and are then sold to small-scale farmers.
This article is for subscribers only. To read more, subscribe with a special offer.
You are connected to your Jeune Afrique account but your Africa Business+ subscription does not allow you to consult the English version. To update your subscription, contact us by clicking here.
Recommended articles
Agri-food industry
17/03/2023 at 21h41, by Africa Business+, updated 19/03/2023
AgDevCo set to invest $45m in 2023, of which $15m in West Africa
The impact investor has just finalised its second investment in Côte d’Ivoire, in A2P (fertilizers).
Private Equity
20/01/2023 at 16h46, by Africa Business+
Teranga Capital prepares regional expansion
The pioneer of impact private equity in Senegal is looking to raise funds to target new territories...
Agri-food industry
02/06/2022 at 16h17, by Estelle Maussion, updated 03/06/2022
Mitsui increases its position in Morocco’s Zalar Holding
The investment will consolidate the establishment of the Moroccan poultry leader and encourage its development...
Agribusiness
08/12/2020 at 17h36, by Africa Business+
Agrotop set to build Olivier Kouakou Ban’s Toumodi poultry farm in Côte d’Ivoire
Our sources tell us that Israeli company Agrotop is to construct Agro4Life’s integrated agro-industrial...
Agri-food industry
07/12/2020 at 16h55, by Africa Business+
Cédric de Spéville seeking to position Eclosia in the East African poultry industry
The diversified Mauritian group has withstood the lockdown-related turbulence in logistics and hospitality,...
Agri-food industry
05/11/2020 at 22h39, by Africa Business+
Zalar relies on Mitsui’s contribution to strengthen its poultry-farming lead in Morocco
While the opening up of its capital to the Japanese group contributed to financing an acquisition in...
Any questions ? contact us
Please get in touch with the Africa Business+ team if you require any further information.
Email us : customer.care@africabusinessplus.com
Add AB+ to your home screen
1. Click on 
at the bottom of your screen.
2. Click on 
to add AB+ on the home screen.
3. Enter the name of the shortcut and confirm.