Africa Go Green Fund Signs an $18 Million Senior Debt Facility with Cold Solutions Kazi Limited
Africa Go Green Fund (“AGG”), managed by Cygnum Capital, has signed a USD 18m Senior Debt Facility with Cold Solutions Kazi Limited (“CS Kazi”). The facility will be used to finance the overall project cost, including construction costs and working capital for a greenfield, 8,000 pallet, cold-storage facility in Namanve Industrial Park, Kampala, Uganda. CS Kazi is being developed by ARCH Cold Chain Solutions Fund as part of its regional network of modern, energy-efficient cold storage facilities across East Africa.
Photo courtesy of Alliance of Bioversity International and CIAT.
Source: Cygnum Capital (link opens in a new window)
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