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INVESTMENTS

GENERIC DESCRIPTION OF INVESTMENTS MADE TO DATE:

Dew Crisp
Dew Crisp is the market leader in convenience salads in South Africa. DC resulted from a merger between Dew Crisp and Greenleaf in 1987: Dew Crisp was founded by Michael Kaplan in 1981. Greenleaf was founded by Bruce Glazer in 1985

It is a vertically integrated business with operations in farming, processing and logistics. DC founders are thought leaders in hydroponic vegetable and herb farming in South Africa.

Dew Crisp is setting the standard in staff development and empowerment in the leaf salad industry of South Africa.

africaJUICE
africaJUICE is a vertically integrated grower and processor of tropical fruit juice, mainly for export markets in Western Europe and the Middle East. The company’s operations are located in the upper Awash region of Ethiopia, benefiting from locational advantages relative to its target markets and in terms of production conditions for, especially, yellow passion fruit. It brought noteworthy innovations in cultivation practices and processing technology to its area. The company also produces other horticultural products for the domestic market and supplements its own growing operations in partnership with an expanding outgrowers –programme. The outgrowers-programme presents micro-enterprises with new off-take opportunities and exposes them to quality improvement programmes.

Fairfield Dairy
Fairfield is a high quality, medium sized dairy, located in the Kwa-Zulu Natal midlands of South Africa near Howick. The company is located in the centre of South Africa’s prime dairy farming belt and was founded by Mr Kevin Laing in 1990. The company is known for its high quality, value added products and is a regular national prize winner in the joghurt category. Fairfield enjoys the support of prime national retailers, driving its rapid growth trajectory. As a smaller but growing player, Fairfield contributes to the competitiveness of the dairy industry which is dominated by a limited number of very large suppliers. The company is also well positioned to contribute to the transformation and empowerment of the South African dairy industry.

New Forest Company (NFC)
NFC was founded in 2004 by Julian Ozanne, an entrepreneur from the United Kingdom who joined hands with local and institutional shareholders in NFC’s countries of operation to build one of only two plantation forestry and timber companies of scale in East Africa. East African countries offer comparative advantages to plantation forestry and major import replacement opportunities exist in the timber markets. Starting in Uganda, NFC now also has operations in Mozambique, Rwanda and Tanzania.

NFC won Forestry Stewardship Council (FSC) accredidation (the global gold standard in sustainable forestry management) for its Uganda operations in June 2009. This is evidence of a wide range of social and environmental initiatives that the Group is undertaking to optimize the development impact of its business in the communities where it operates.

Asilia Africa
Asilia is an up-market ecotourism operator, founded in 2004 by local entrepreneurs in partnership with shareholders from Europe. It built a core suite of operations in Tanzania including a beach lodge on Zanzibar Island as well as permanent and semi-permanent lodges in the Serengeti and other conservancies of Tanzania. Asilia’s conservation based business is a leading player in building out the governance and development of wilderness and wildlife conservancies in East Africa. Being a substantial rural business, Asilia sustains livelihoods for hundreds of households in areas where many other sustainable employment options do not exist. Agri-Vie is partnering the company on its regional expansion path.

Hygrotech
Hygrotech is the market leader in vegetable seed marketing and distribution in South Africa, offering a “one stop” service to more than 4,000 clients throughout South Africa. Hygrotech supplies seed, adjuvants, growth stimulant, seedling systems (seed trays, growth medium and sowing machines) fertilizers, foliar feeds, biological products, plant manipulators and mechanical implements in South Africa as well as exporting into Africa and Australia. The company has been established in 1984 and has a profitable track record of more than 25 years.


"Doing good while doing well"