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COVID-19 reinforces the need for Africa to accelerate food production and improve security of supply ...
Jenni Chamberlain named to the Africa AM Power 50 for second consecutive year...
Altree Capital, the Pan-African asset management house, received top honors at the Inaugural Africa Fund Manager Performance Awards...
June 2024
Altree Capital has invested in Nature’s Nectar, a Zambian company revolutionising beekeeping. Led by CEO Katherine Milling, Nature’s Nectar promotes sustainability and gender inclusivity. In their innovative model, zone lead farmers manage and harvest hives, fostering inclusivity for women. By collaborating with conservation organizations and offering premium prices for honey, Nature’s Nectar exemplifies how inclusive businesses can drive gender equality and environmental conservation.
Nature’s Nectar overcame initial concerns about female beekeepers by collaborating with conservation organizations. They distribute top-bar beehives to improve honey quality and combat deforestation. By offering premium prices for harvested honey, the company ensures sustainable income for rural farmers and sets an example of how inclusive businesses can promote gender equality and empower women. Nature’s Nectar, in partnership with Altree, exemplifies responsible business practices, achieving a harmonious balance between economic prosperity, environmental conservation, and social empowerment |
Altree Capital's investment in Nature’s Nectar will support the expansion and growth of its commercial beehives and other needs such as the purchase of equipment. Other expansion plans include entering the US and EU market.
It not only champions environmental conservation and deforestation prevention but also promotes inclusive practices and rural employment, making it a socially impactful investment opportunity in the honey and beekeeping industry. With organic certification in progress, the company aims to contribute to the growing global honey industry, projected to increase at a rate of 5.2% annually until 2030.
With great pride, Altree Capital joins Nature's Nectar in its pursuit of sustainable growth and social impact. We look forward to working with the firm to help it realise its goals and provide value for all of its stakeholders.
"The investment in Nature's Nectar by Altree Capital demonstrates our commitment to promoting sustainable businesses that have a beneficial social and environmental effect in addition to generating financial gains. Through our support of Nature's Nectar, we hope to encourage gender equality, sustainable agricultural and combatting deforestation and strengthen local communities, especially those headed by women. This investment supports our main objective of promoting innovation and growth in industries that place a high value on social responsibility and profitability. Thanks to our partnership with the US government through its Prosper Africa programme, this investment has been made possible." |