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Mauritius Commercial Bank secures major deal with Invictus to tackle Africa’s $200 billion agricultural funding gap

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The Mauritius Commercial Bank Limited (MCB) has completed a strategic financing package for Invictus Investment Company PLC, a prominent Middle East and Africa-focused agro-food enterprise, in a deal designed to fast-track the consolidation of critical food processing and logistics assets across the African continent.

Announced on Friday, November 21, 2025, the financing, structured as a combination of an acquisition finance facility and a revolving credit facility, directly addresses the continent’s severe agricultural funding gap while prioritizing the integrity of its food supply chain.

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This strategic debt facility is explicitly engineered to provide Invictus with the dual financial flexibility required to execute its vision: the acquisition finance component will fund targeted mergers and acquisitions (M&A) of value-added food and fast-moving consumer goods (FMCG) assets, while the revolving credit facility bolsters the company’s working capital for commodity trade and accelerated operational scaling.

The significance of the deal is rooted in the structural challenges of Africa’s agro-food economy. Despite possessing 60% of the world’s uncultivated arable land, the continent’s agricultural sector faces an estimated $200 billion annual funding gap.

Furthermore, industry data indicates that between 30% and 40% of food produced in Africa is lost before it reaches consumers due to inadequate logistics, storage, and processing infrastructure. Invictus Investment’s strategy, now backed by MCB, is to focus investment in this midstream segment, processing, logistics, and distribution, to create a more resilient, integrated supply chain.

MCB’s commitment highlights a shift in development financing toward private sector partners capable of mobilizing capital at scale. Thierry Hebraud, CEO of MCB, emphasized this alignment: “This important financing package… highlights MCB’s objective to support agro-processing players involved in food security across the continent. It demonstrates the bank’s ability to structure sophisticated financing solutions to support its customers and their ecosystems, while using finance to create a sustainable future for the clients and communities we serve.”

Invictus Investment, which has rapidly expanded its footprint to over 65 countries, specializes in high-volume commodities such as barley, corn, wheat, and sugar. The funding will accelerate its transition from primarily a commodity trader to a fully integrated agro-food enterprise, capable of delivering finished consumer goods to local and regional markets.

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Amir Daoud Abdellatif, CEO of Invictus Investment, framed the agreement as a validation of this long-term strategy, focusing on building sustainable resilience: “The financing agreement with MCB underscores the confidence our partners have in Invictus Investment’s financial and operational performance… It supports our vision to develop a fully integrated enterprise that contributes to food security in the Middle East and Africa. We see this as an important step towards creating a broader network of partners at multiple levels that are working together to deliver lasting value for communities and build long-term food resilience across regions.”

The partnership between MCB, a 188-year-old financial institution with a widening international footprint, and the fast-growing Invictus, signifies a model where regional banking expertise is mobilized to tackle continental-scale challenges, positioning the private sector as a principal engine for securing Africa’s projected $1 trillion food economy by 2030.

Solomon Irungu
Solomon Irunguhttps://solomonirungu.com/
Solomon Irungu is a Communication Expert working with Impact Africa Consulting Ltd supporting organizations across Africa in sustainability advisory. He is also the managing editor of Africa Sustainability Matters and is deeply passionate about sustainability news. He can be contacted via mailto:solomonirungu@impactingafrica.com

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