Standard Chartered Private Equity the Investment Division Of Standard Chartered Bank Commits A Further $15million To Existing Portfolio Company And Bank Client, Afri-Fresh Group Limited.

Standard Chartered Private Equity The Investment Division Of Standard Chartered Bank Has Committed A Further $15million Equivalent To 150 Million Kwacha To Existing Portfolio Company And Bank Client, Afri-Fresh Group Limited.

The Capital Injection Follows Standard Chartered Private Equity (Scpe)’S Initial $20 Million Equity Investment Made In February 2011 To Fund The Company’s Expansion Program.

The Bank Says Afri-Fresh Is A Leading Southern African Agricultural Company With Operations Spread Across South Africa And Zimbabwe, And A Global Reach Spanning 54 Export Markets.

The 250 Million Kwacha Project Currently Employs Over 200 Members Of The Local Community, And Is A Unique Partnership Between Afri-Fresh, The Industrial Development Corporation And The Community.