Pearl Capital Partners

Pearl Capital Partners is a venture capital firm based in Kampala, Uganda, specializing in investments in small and medium-sized agricultural businesses in East Africa, with a particular focus on Uganda. Established in 2006, the firm typically invests between $0.25 million and $2.5 million per company, utilizing a mix of equity, quasi-equity, and debt instruments. Pearl Capital Partners aims to generate financial returns for its investors while fostering significant social impact through its investment activities. The firm collaborates closely with ambitious management teams, providing supportive investment structures and specialized expertise to help cultivate high-growth agribusinesses. Additionally, Pearl Capital Partners has offices in Nairobi, Kenya, and Mauritius, further enhancing its regional presence.

Wiem Abdeljaouad Bernet

Investment Manager

Edward Isingoma Matsiko

Managing Partner and Chief Financial Officer

Wanjohi Ndagu

Partner and Investment Director

Anne Ngugi

Investment Manager

David Wangolo

Investment Manager

Past deals in Malawi

Funwe Farm Limited

Private Equity Round in 2011
Funwe Farm Limited produces, promotes, and distributes hybrid and Open Pollinated Varieties (OPV) maize and legume seeds. Funwe Farm Limited owns two farms, Funwe and Mitongwe. The company also buys seeds from out growers. Funwe Farm Limited sells its products through the Agricultural Inputs Subsidy Scheme to smallholders in Malawi. Funwe Farm Limited was founded in 2001 and is based in Blantyre, Malawi.

Seed-Tech Co.

Private Equity Round in 2010
Seed-tech is a Malawian business founded in 2009. It buys in and processes hybrid maize and legume seed for sale through the Agricultural Inputs Subsidy Scheme. In 2013, the business expects to process and market 500 MT of seed. The business contracts commercial and smallholder outgrowers to produce its seed, thereby increasing income in the local community.