Aavishkaar Capital’s Global Supply Chain Support Fund (GSCSF) Supports the Horizon Group Africa with USD 5 Million Loan to Scale Operations
This is the fourth investment in Africa from Aavishkaar Capital’s USD 250 million GSC Support Fund
Aavishkaar Capital, a company of the Aavishkaar Group known for its entrepreneurship-led approach to impact-driven business growth, has announced its fourth investment in Africa in collaboration with KfW, the German state-owned investment and development bank. The investment has been facilitated by the Global Supply Chain Support Fund, providing a loan of USD 5 million to the Horizon Group Africa. This is the 8th overall investment by GSC Support Fund across the Global South and the fourth investment in Africa.
The Horizon Group aggregates and processes high value whole spices such as ginger, turmeric, cloves, cinnamon, cardamom and black pepper through its facilities in Nigeria, Tanzan...