Ghanaian investment firm Databank Financial Services has announced the launch of its private equity fund, Africa Agricultural Fund (AAF). The AAF was established to finance agricultural sectors across all African countries. The fund has added $6 million to its initial capital investment of $30 million with an average investment of $250,000. To this point, the fund has invested in a bakery business in Nigeria, a fertilizer plant in Madagascar, and a beverage company in Zambia.
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