PROJECT

Projects

Summary of Investment Information

Project Number

51517

Company Name

Phatisa Food Fund 3 LLC

Date SPI Disclosed

Dec 16, 2025

Country

Africa Region

Region

Africa

Projected Board Date

Jan 16, 2026

Environmental Category

FI-2 - Limited

Status

Active

Last Updated Date

Mar 4, 2026

Department

Regional Industry - MAS Africa

Industry

Funds

Previous Events

Approved : Jan 29, 2026
Signed : Feb 2, 2026
Invested : Feb 27, 2026

Sector

Growth Equity Fund

Project Description

The proposed investment is for up to US$15 million in Phatisa Food Fund III (Phatisa III or the Fund), not to exceed 20% of total committed capital, with a co-investment envelope of up to US$10 million. Phatisa III is a food and consumer value chain-focused, mid-market growth private equity fund targeting a total fund size of US$300 million.                                                   

Associated Advisory Engagement

IFC may offer advisory services to Phatisa’s investees on a case-by-case basis, depending on the needs of each portfolio company.                                                     

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation