Oikocredit exits Zambian fish farm Yalelo

Oikocredit exits Zambian fish farm Yalelo

20190321f_04b.jpg10 December | 2019

Oikocredit has exited its investment in the Zambian fish farm Yalelo Limited, after investing since 2014 and supporting its production growth from under 2,000 tonnes of tilapia fish in 2014 to 12,000 tonnes today. Yalelo is the largest sustainable aquaculture company in Africa.

Oikocredit has exited its investment in the Zambian fish farm Yalelo Limited. Evert Ludding, Equity Manager, said: “We’re happy to have supported Yalelo with its plan to increase food security and create jobs in Zambia. We wish the team at Yalelo all the best as they pursue the ambition to replicate the company’s success on a regional scale. Zambia continues to be a focus country for Oikocredit.”

Read the full press release here>