Pearl Capital Partners, Announces Exit from Enimiro, a Vanilla Exporter.

The Yield Uganda Investment Fund, managed by Pearl Capital Partners, has announced the successful equity investment exit from Enimiro, a Ugandan vanilla processor and exporter. This exit, the first of 15 investments,  marks an important milestone for the fund, which has been committed to driving sustainable growth and social impact in Uganda’s agricultural sector since its inception in 2017.

Enimiro, a company based in Jinja, Uganda, has established itself as a key player in the organic agricultural products market, specializing in the processing and export of vanilla, arabica coffee, dried pineapple, and jackfruit. The company’s unique business model connects smallholder farmers to the international buying community, providing them with a reliable and transparent supply chain.

With the support of the Yield Fund, Enimiro was able to expand its processing and drying capacity, increase its warehouse space, and install new vanilla quick-curing equipment. These strategic investments enabled the company to meet growing customer demand and solidify its position as a trusted supplier of high-quality organic products.

David Wright, Enimiro’s CEO, said: “The support of the Yield Fund and Pearl Capital Partners has been invaluable to the growth and success of Enimiro. We are grateful for their investment, which allowed us to properly set up our production facilities and expand our processing and drying capacity thereby also improving the quality of our products. The matching business development services (BDS) facility alongside the investment in the business was so handy, ensuring support and training to both our employees and smallholder farmers. Our aim is to continue developing farmer-to-consumer supply chains with leading technology and value addition infrastructure.”

The Yield Uganda Investment Fund, managed by Pearl Capital Partners, is a pioneering initiative that has been making waves in the Ugandan agricultural sector. Launched in 2017 with an initial €12 million investment from the European Union (EU), the International Fund for Agricultural Development (IFAD), and the National Social Security Fund (NSSF) of Uganda, the fund aims to strengthen agricultural sub-sectors and leverage smallholder farmer networks to generate significant income for millions of families across East Africa.

Dr. Edward Isingoma Matsiko, managing partner of Pearl Capital Partners said: “We are extremely pleased with the successful exit of Enimiro and the returns generated for our fund. We remain committed to investing in small and medium enterprises that improve small-scale farmers’ productivity and their access to markets. Yield Fund and Pearl Capital Partners are proud to have been partners with Enimiro during its growth and success and look forward to continuing to invest in innovative enterprises that create both financial returns and significant social impact.”

The exit from Enimiro was the first from a pool of 15 agri-businesses that Pearl Capital Partners has invested in through the Yield Uganda Investment Fund. Yield Uganda Investment Fund is the fourth fund that Pearl Capital Partners has managed.