Private family capital fund One Thousand & One Voices announces investment in South African agribusiness company RedSun

One Thousand & One Voices™ (1K1V), a private family capital fund focused on Sub-Saharan Africa, today announced an investment by its One Thousand & One Voices Africa Fund I, L.P. in the South African agribusiness sector.  The investee company is RedSun Dried Fruit & Nuts (Pty) Limited, a privately-owned processor and distributor of high-quality raisins in the Northern Cape Province of South Africa.

The investment is One Thousand & One Voices’ first in the agribusiness processing and distribution sector. It will help RedSun to expand its reach and market share in the rapidly growing dried fruit and nut market, which continues to grow as global food demand increases. While prices for raisins have remained relatively stable, average global consumption of raisins has increased by 17% from 2008 to 2013. Given that South Africa is a low cost producer of high quality raisins, global demand for South African raisins continues to increase as worldwide consumption increases.

Read more: ONE THOUSAND & ONE VOICES™ ANNOUNCES INVESTMENT IN SOUTH AFRICAN AGRIBUSINESS SECTOR – One Thousand & One Voices.

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