Incofin Investment Management has announced two strategic investments totaling $1.55 million under its Nutritious Foods Financing Facility (N3F), with the goal of enhancing food systems and improving access to nutritious food across Africa.
The first investment is directed towards Truk Rwanda, a logistics company that specializes in the cold chain storage and transportation of fresh fruits and vegetables. With the support of N3F’s funding, Truk Rwanda will be able to acquire refrigerated trucks and establish hybrid cold rooms. This development is expected to significantly benefit farmers by extending the shelf life of their produce, thereby reducing food waste and maximizing their earnings.
Additionally, Truk Rwanda plays a crucial role in connecting farmers in central Rwanda with vendors, while also providing informal training on post-harvest handling techniques to help preserve the nutritional quality of their products.
The second investment focuses on Couvoir Amar, a poultry company based in Senegal. Couvoir Amar aims to increase domestic poultry production, making poultry more affordable for lower-income households. This initiative is particularly important as it supports greater consumption of protein-rich poultry, addressing the low levels of poultry intake in Senegal and contributing to improved nutrition in the region.
Both investments are in line with N3F’s mission to strengthen food value chains, reduce waste, and improve access to affordable, nutritious food across Africa. By supporting companies like Truk Rwanda and Couvoir Amar, N3F is making a significant impact on the food systems in these regions, ultimately enhancing food security and nutrition for local communities.
