Operational due diligence on a US$6.4 million investment in Capital Fisheries
Africa-focused private equity manager, EXEO Capital, completed an investment of US$6.4m into Capital Fisheries, the market leading Zambian food distributor specialising in cold-chain distribution of animal proteins.
We conducted an operational due diligence, comprising an assessment of Capital Fisheries depot roll out strategy, the cannibalization effect of new depots, and opportunities to partner with local payment solution and credit providers.
The investment will enhance food security by providing high-quality affordable protein for Zambia’s mass market. Through its nationwide network of wholesale depots, the company provides opportunities for c.3,000 mostly female micro-entrepreneurs who on-sell products at informal markets.
This engagement was executed through USAID’s Southern Africa Trade and Investment Hub