Asafo & Co. Advises Africa Feed & Food on MAD 850m (≈USD 90m) Capital Increase by RMBV’s RNAF III and Proparco

"Asafo & Co. advised agro‑industrial group Africa Feed & Food (AFF) on a MAD 850 million (≈USD 90 million) capital increase. The transaction brings minority investments from RNAF III (managed by RMBV) and Proparco, and supports AFF’s operations in Morocco and West Africa (including Mali, Mauritania and Senegal). The Asafo & Co. team was led by partner Patrick Larrivé, with senior associate Kamil Zizi and associate Shagufta Ashfaq."

Asafo & Co. advised Africa Feed & Food (AFF) on a capital increase that brought in investors RNAF III (managed by RMBV) and Proparco. The transaction is a MAD 850 million (approximately USD 90 million) capital increase, resulting in RMBV and Proparco acquiring a minority stake in AFF. AFF is an integrated agro‑industrial group operating in Morocco with a presence in West Africa (Mali, Mauritania and Senegal). The Asafo & Co. team: Partner Patrick Larrivé (team lead), senior associate Kamil Zizi and associate Shagufta Ashfaq. The press release lists their seniority but does not specify practice areas.

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Asafo & Co. Advises Africa Feed & Food on MAD 850m (≈USD 90m) Capital Increase by RMBV’s RNAF III and Proparco

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