Aller Aqua Zambia

  • Year of investment: 2018
  • Type of Investment: Growth
  • Shareholding (indirect): 60%
  • HQ: Siavonga, Zambia
  • Market: Zambia, Uganda
  • Sector: Aquaculture

Aller Aqua Zambia was founded in 2017 in partnership with Aller Aqua Group, one of the world’s most experienced suppliers of feed for freshwater aquaculture.

Aller Aqua Zambia provides high-quality feed to Yalelo Zambia and Uganda amongst other customers in the region. Continuous R&D in collaboration with Aller Aqua Group ensures ongoing improvements in feed quality and efficiency.

The majority of ingredients for feed production are sourced locally from Zambia. By producing high-quality feed with these local ingredients, Aller Aqua Zambia boosts feed conversion ratios (FCRs) leading to more efficient and affordable proteins.

Together with its co-shareholders FMO, Finnfund and DGGF, Veris provides growth capital and assists on strategy, project development and operations to support Aller Aqua Zambia to provide high-quality feed to the wider region.

TIMELINE

Significant highlights during our investment period