Farming and Engineering Services Limited (FES)

Africa Food and agriculture

We are invested in Farming and Engineering Services Limited (FES) through Phatisa Food Fund 2, which is managed by Phatisa Group.

We do not hold direct relationships with the companies that investment funds invest in. Instead, we hold relationships directly with the fund. When investing through investment funds, CDC takes an active role as a limited partner to the fund, working with the fund manager to ensure best practices, including in environment, social and governance matters, and investment management oversight.

Key facts

Status:
Active
Region

Since 2012, we’ve only invested in Africa and South Asia. Investments outside these regions are from our pre-2012 portfolio.

:
Africa
Sector

We have seven priority sectors. However, we continue to invest outside these sectors, largely in the most challenging regions, as new investment supporting any sector helps to underpin the private sector, and create jobs and livelihoods for people.

:
Food and agriculture
Investment type

We provide capital in three broad ways: direct equity, debt, and intermediated equity (principally through investment funds).

:
Intermediated investment
Fund:
Phatisa Food Fund 2
Fund Manager:
Phatisa Group
Domicile

This is the investee company’s place of incorporation; or a fund’s jurisdiction.

:
South Africa