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Hub/Gro Fin partnership closes $1.7 million

Published on February 01, 2018


The Hub, through its partner GroFin, has closed two investment deals valued at $1.7 million, bringing the total Hub-facilitated closed investment deals to $59.3 million. The closures will provide debt capital for an agricultural company in Tanzania and a packaging and manufacturing agribusiness in Uganda. (Photo caption: The Hub and partner GroFin are helping to attract investment to the perennially underserved sector of agriculture.)

The Hub is working with GroFin, an SME finance company, to attract new investment to the agricultural sector in East Africa. The partnership endeavors to attract $5 million of new investment to the perennially under-served areas of agriculture and agribusiness over the next two year. 

Learn more about GroFin here.