EMCAF has committed USD 15 Mio to ARCH Cold Chain Solutions East Africa Fund LP, advised by ARCH Emerging Markets.
The Fund finances greenfield development, construction and operation of temperature controlled storage and distribution facilities in East Africa to reduce high rates of food spoilage due to lack of refrigeration. The Fund operates at the nexus of climate change, food security and health, with clients and beneficiaries expected to be active mainly in the agriculture/food and pharmaceuticals (incl. vaccines) sectors.