African Century Foods Ltd.

  • Region: Africa
  • Country: Regional
  • Sector: Food and agribusiness
  • Year: 2013
  • Domicile: Mauritius
  • Instrument: Equity
  • Commitment (MNOK) as of 31.12.2016: 100.5
  • Original Commitment (MNOK): 100.6

African Century Foods (ACF) is Sub-Sahara Africa’s largest aquaculture producer with tilapia farms in Zimbabwe, Zambia and Uganda. Its supply of affordable, high-quality fresh protein is important in countries facing challenges related to the availability and affordability of food supplies.

Norfund invested in ACF in 2013 and is a 30% shareholder in the company. Sustainable agri- and aquaculture in East and Southern Africa is among Norfund's strategic focus areas.

 

fisherman

In 2016, African Century Foods and Nutreco’s subsidiary Skretting Zambia entered into a joint venture for the production, sale and distribution of tilapia feed. The joint venture will construct and operate the first dedicated aquaculture feed plant in Zambia. 

 

 

Norfund - The Norwegian Investment Fund for Developing Countries

Fridtjof Nansens Plass 4
N-0160 Oslo