Vester Oil Mills Limited

Ghana Food and agriculture

Vester Oil Mills is one of the top five oil seed mill operators in Ghana and specialises in the processing of soya bean, palm kernel nut and copra (dried coconut kernel) into refined edible oils and their residual cakes for domestic and industrial use.

We are invested in Vester Oil Mills Limited through Synergy Private Equity Fund, which is managed by Synergy Managers (Mauritius) Limited. 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, West Africa
Countries:
Ghana
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:
Synergy Private Equity Fund
Fund Manager:
Synergy Managers (Mauritius) Limited
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

:
September 2016
Domicile

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

:
Ghana