DOB Equity, a Dutch family-backed impact investor, has made its first investment in Rwanda’s Sarura Commodities. The funds will help the grain trader to improve its storage infrastructure, promote its sourcing platform, and expand its operations in Rwanda’s premium grain market.
DOB Equity, which invests in innovative and scalable businesses in East Africa, is now present in all five East African nations after making this investment.
Sarura Commodities connects smallholder farmers to dependable service and input providers to boost the quality of grains and farmer productivity. Sarura also offers training in post-harvest management.
Sarura Commodities was founded in 2012 and supplies grains such as beans and maize to local and international markets. The company also supplies to the World Food Program and African Improved Foods, a joint venture between a group of international partners that manufacture nutritional foods and the Government of Rwanda.
“DOB Equity’s investment in Sarura is our first in Rwanda and is part of our continued commitment to accelerating development in East Africa by supporting impactful companies. Sarura is well geared to accelerate efficient production of local high-quality grains in Rwanda,” Brigit van Dijk – van de Reijt, CEO of DOB Equity said.
Mercy Mutua, investment manager DOB Equity noted, “Sarura’s longstanding local presence and established a network in Rwanda inspired us to join forces with them…… We believe Sarura is well positioned for further growth and support of the agri-sector in Rwanda.”
