Verde Beef Processing Plc

Ethiopia Food and agriculture

Verde Beef Processing operates a fattening farm for cattle based on a 1,300 ha feedlot and cropping facility south of Addis Ababa in the Oromia region.

We are invested in Verde Beef Processing Plc through 8 Miles, which is managed by 8 Miles LLP. For further information on the fund, the fund manager, and the expected impact of the fund’s investment, click here.

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, East Africa
Countries:
Ethiopia
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:
8 Miles
Fund Manager:
8 Miles LLP
Start date

For direct investments, this is the date CDC committed capital to the business or project.

For funds, this is the date that CDC committed capital to the fund.

For underlying fund investments, this is the date that the fund invested capital into the business.e

:
November 2015
Domicile

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

:
Ethiopia