Veris Investments is an independent investment company which makes equity and mezzanine investments in companies and projects with activities in the food value chain in Sub-Saharan Africa. By providing long-term capital and hands-on support to companies and projects, we aim to build successful businesses in close cooperation with their own management.
Through investment in the development of a strong and competitive private food sector, our goal is to make a positive impact on food security in the region. While currently a net importer of food and troubled by the highest undernourishment rates reported globally, the region has the potential to play a crucial role in meeting the food requirements of its own rapidly growing population as well as the rising demand for food globally.
Our investment approach is based on the following principles:
- Supporting competitive businesses. We believe that the development of a competitive private food sector will be crucial in achieving a sustained positive impact on food security;
- Focusing on the food value chain. This involves activities along the whole of the food value chain, including agricultural inputs, primary production, services, infrastructure, logistics, storage, processing, wholesale and retail;
- Active involvement. It is our goal to create long-term value by helping to grow and develop companies and projects in close co-operation with their own management teams by actively supporting them in executing their strategies;
- Long term commitment. As an investment company, Veris Investments has the ability to make long-term equity investments in the growth and development of companies.
We aim to make a positive impact by specifically addressing the following three dimensions of food security:
- Availability of food. This concerns the supply side of food security, where investments can help increase productivity and production, reduce food losses and improve food variety and quality;
- Affordability to food. Our investments in the food value chain can also improve access to food by increasing sustainable incomes and employment and/or reducing food prices. Particularly in
Sub-Saharan Africa’s agriculture-based economies, agricultural growth and improvements have a larger positive impact on poverty reduction and food security than growth in the rest of the economy;
- Stability of the food system. The stability of the food system can be improved by investments that e.g. reduce import dependency, diversify markets, strengthen supply chains, or improve infrastructure.