Agri-food: Proparco invests $85 million in Africa Feed & Food to scale regional expansion

On March 26, 2026, Proparco confirmed an MAD 850 million (≈$85 million) equity investment in Africa Feed & Food alongside RMBV. According to official company data, proceeds will support industrial capacity in Morocco and expansion across West Africa. Founded in 1978, AFF operates across the grain value chain. The deal aims to strengthen regional food security and reflects growing development finance engagement.