Transaction Summary
Incofin Investment Management (Incofin), a Belgian impact investor founded in 2001, has invested an undisclosed amount of debt in Couvoir Amar, a Senegalese poultry producer founded in 2017. The investment was made through Incofin’s Nutritious Foods Financing Facility (N3F), a debt fund launched in 2024 as Incofin’s only agri-fund dedicated exclusively to Sub-Saharan Africa. Couvoir Amar produces high-quality day-old chicks and supports poultry farmers in Senegal with reliable, healthy stock for sustainable farming. Incofin’s financing is aimed at helping Couvoir Amar scale domestic poultry production, which aligns with the N3F agenda to increase the supply and consumption of safe, nutritious foods across Sub-Saharan Africa. The N3F was created in partnership with Global Alliance for Improved Nutrition (GAIN), with the U.S. Agency for International Development (USAID) and the Swiss Agency for Development and Cooperation (SDC) as anchor investors. The fund provides financing and technical support to small & medium-sized enterprises (SMEs)
