29, December 2017

What's needed in African agriculture before technology

“A lot of what’s needed in African agriculture is quite low-tech if tech at all,” says Gary Vaughan-Smith, chief investment officer at SilverStreet Capital, the agribusiness private equity firm.

SilverStreet has been investing in African agriculture since 2011 when it held the first close of its first $320 million fund. The firm finished investing out of that fund in 2015 and is now raising its second with $60 million closed so far of a $300 million target.