Ada Osakwe joined the One Acre Fund board in 2017. She is the Founder and Chief Executive of Agrolay Ventures, an investment firm targeting early-stage agribusiness and food-related companies and projects in Africa. She is also the founder of Nuli Juice, a farm-to-table restaurant chain in Nigeria that works to create markets for smallholder farmers.

Agrolay Ventures

Agrolay Ventures is a private investment firm dedicated to growing the agriculture and food sectors in Africa. We are a venture capital investor in early-stage agribusiness and food-related companies and projects that seek to redefine the food production and retail opportunity across Africa’s large consumer markets.

Our team has deep experience in entrepreneurship, venture capital & private equity investing, food product development, investment structuring and strategy consulting across Africa, uniquely positioning the firm to exploit and harness the vast opportunities of the African food landscape.

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Region: Africa
Country: Regional
Sector: Food and agribusiness
Year: 2010
Domicile: South Africa
Instrument: Fund
Commitment (MNOK) as of 31.12.2016: 1
Original Commitment (MNOK): 7


Agri-Vie is a private equity investment fund focused on food and agribusiness in Sub-Sahara Africa, a foundational sector of the continent’s economies. Agri- Vie harnesses private equity investment disciplines to generate above-average investment returns, while also addressing development impact challenges.

The fund’s geographical scope is Sub-Saharan Africa and the investments are made in the whole value chain of the agricultural, forestry and aquaculture sectors.

Initiated by the Agri-Vie investment team and Sanlam Private Equity with the cooperation of South African and international investors as well as the Makotulo Consortium, Agri-Vie has consistently grown its role as a trusted investment partner in food & agribusiness.

Since inception in 2008, we’ve invested USD 100m in the food and agribusiness sector. Recognising value, or the potential for value, is our business. This ability, combined with the right mix of capital, time and business building expertise, enables us to unlock value for investors, while positively impacting on communities and their environment.

The fund’s main investment focus is on the value added components of the agricultural value chain involving processing, distribution, marketing and branding as well as services. While the Fund has some exposure to early stage businesses, its main focus is on later stage investments where capital is allocated to the development and expansion of existing ventures.

An estimated 25% of rural household incomes in SSA originate from employment in agribusiness activity, either through formal or informal/ self-employment. Investments into this sector will, therefore, have a direct impact on employment.

In February 2017, the first close of the second Agri-Vie Fund was announced. This second fund will also be focused on the food and agribusiness sector in Sub-Saharan Africa.


Afua Osei and Yasmin Belo-Osagie — co-founders of the media and events company SheLeadsAfrica — coined the moniker to refer to members of their fast-growing online sisterhood of millennial urban women united by a shared ambition to build businesses or carve fulfilling careers. Judging by the crowds at their SheHive networking events in Lagos and Abuja, the duo appear to have identified a big market for the inspirational content on their website and the support they offer start-ups.

Whether such enthusiasm will seed significant numbers of viable businesses will be a bellwether of possible transformation in Nigeria. Ms Osei and Ms Belo-Osagie are cheerleading a new generation familiar with networking on social media who are determined to defy the patronage-based norms of a society where success has traditionally hinged on finding a powerful patron, known colloquially as a “godfather”.

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