Congratulations to Victory Farms on winning the Small Cap Deal Award at the EAVCA 2021 Industry Gala Awards!

OCA is proud to have served as Victory Farms’ financial advisor on this transaction as well as two other transactions over the past years as the company realized its exceptional growth, in partnership with USAID’s Kenya Investment Mechanism. 

Victory Farms, the largest commercial fish farm in East Africa, will use the capital raised to scale production of affordable and healthy protein in the $500 million Kenyan fish market, and aims to become the world’s first neutral carbon fish farm. 

Because of the declining wild catch from African Great Lakes, resulting in market reliance on low quality frozen fish, Victory Farms saw the opportunity to sustainably grow the native tilapia locally and scale their current production that sells 1.5 million fresh fish per month.  

If you are interested in learning more about Open Capital, please contact our Head of Capital Markets, Tibor Almassy, at talmassy@opencapital.com.