Sahel Capital, a private equity firm focused on food and agriculture in sub-Saharan Africa, has announced an investment in Rogathe Dairy Farm Products, a Tanzanian dairy company.
The investment, which is being made through Sahel Capital’s Social Enterprise Fund for Agriculture in Africa (Sefaa), will be used to support Rogathe’s expansion plans.
The company plans to use the investment to increase its milk production capacity, build a new processing plant, and expand its distribution network.
Rogathe is a leading dairy company in Tanzania, with a market share of around 10%. The company was founded in 2009 by a group of local farmers, and it has since grown to become one of the largest dairy companies in the country.
Rogathe’s products are sold in major supermarkets and retail outlets across Tanzania.
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The investment by Sahel Capital is a vote of confidence in the future of the Tanzanian dairy industry. The country has a rapidly growing population, and the demand for dairy products is expected to continue to grow in the years to come. Rogathe is well-positioned to capitalize on this growth, and the investment by Sahel Capital will help the company to achieve its full potential.
The investment by Sahel Capital is also a sign of the growing interest of private equity investors in the Tanzanian economy. Tanzania is a stable and growing economy, and it offers a number of attractive investment opportunities. The investment by Sahel Capital is a further indication that Tanzania is becoming an increasingly attractive destination for foreign investment.
In a statement, Sahel Capital said that the investment in Rogathe was “a strategic investment that will help to accelerate the growth of the Tanzanian dairy industry.” The firm said that it was “excited to partner with Rogathe and to support the company’s ambitious growth plans.”
The investment in Rogathe is a significant development for the Tanzanian dairy industry. The company is well-positioned to capitalize on the growing demand for dairy products in Tanzania, and the investment by Sahel Capital will help the company to achieve its full potential. The investment is also a sign of the growing interest of private equity investors in the Tanzanian economy.
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