Katapult Mauritius Accelerator
at Ferney Agri-hub
Supporting international startups that advance regenerative food- and agritech solutions targeting the African market.
As an island nation, situated strategically between India and the African continent, with a stable democracy, strong financial sector and an increased focus on sustainability Mauritius is a great entry point for start-ups and impact investors, who want to target the African market. Mauritius will become a nexus for regenerative change in our food systems.
Katapult Mauritius Accelerator at Ferney Agri-hub is an impact accelerator program focusing on regenerative food -and agritech solutions for the African markets. The program fits international startups working within all parts of the food system. The accelerator is part of a larger plan to develop the island nation Mauritius as a focal point for sustainable innovation and transformation.
Ferney Ltd (CIEL), IBL, Currimjee Group and MCB are four large private groups in Mauritius and main partners in the Katapult Mauritius Accelerator Program.
Ferney Ltd (CIEL)
Ferney Ltd is a subsidiary of CIEL, an International Mauritian Group founded in 1912 and present in 6 strategic sectors namely Agro, Healthcare, Finance, Hospitality, Property and Textile. CIEL Group is listed on the Stock Exchange of Mauritius and operates across 10 emerging markets across Africa and Asia.
Ferney offers an integrated and conducive agri-tech eco-system for small and large agri-operators willing to nurture sustainable agricultural practices. Home to fertile land, abundant water resources and rich biodiversity, the Ferney Agri-Hub provides approx. 40Ha of dedicated land while facilitating access to shared services and co-working spaces.
IBL is a proudly born and raised Mauritian group. If Mauritius is the main driver of its performance, its entrepreneurial culture has guided the group outside the Mauritian shores.
IBL Group now works and invests in nine business clusters across 18 countries worldwide, namely on the African continent where it operates in the seafood business in Cote d’Ivoire, in the financial sector in Uganda and Kenya and in agriculture in Tanzania and Kenya.
Since 1830, IBL Group has gone from strength to strength by anticipating market trends, investing strategically, and hiring talented and dedicated people to achieve its goals. Today, IBL is an international group with a robust investment portfolio, a culture of excellence, and world-class expertise.
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Currimjee Group is a family-owned business founded by the Currimjee family with over 130 years of existence. The Group currently operates in seven business sectors: Telecoms, Media & IT, Real Estate, Hospitality & Tourism, Commerce & Financial Services, Energy, Food & Beverages and Home & Personal Care.
With deep-rooted values, a clear vision, strong governance, and a professional and multicultural management team, the Group aims to continue its development in a sustainable manner so as to leave an even stronger legacy to the future generations.
Learn more about Currimjee Group
Anchored on more than 183 years of accomplishments, The Mauritius Commercial Bank Ltd is the leading bank in Mauritius and the main entity of MCB Group. Over the years, MCB Group’s diversification strategy has ensured it becomes an increasingly prominent financial services player in the region. It is one of the most traded stocks in Mauritius and is the largest listed company on the Stock Exchange of Mauritius, with a market capitalization of USD 1.6 billion as at June 2021, which represents a share of around 29%. The Group wields a sound business model, which has enabled it to successfully tap into the potential of non-banking financial services, whilst consolidating its domestic banking operations and expanding beyond local shores.
Today, MCB Group offers a wide array of financial solutions, including retail, business and corporate banking, factoring, leasing, global business, wealth management and investment products. MCB Group is also a regional financial group with a widening international foothold and presence spanning to Madagascar, Maldives and Seychelles through dedicated subsidiaries, as well as Réunion, Mayotte, Mozambique, France, South Africa, Kenya and Dubai, via its associates and representative offices. The Group has a strong commitment towards having a positive economic, social, environmental and cultural impact through its sustainable development program, Success Beyond Numbers.
Learn more about MCB
At Katapult we work tirelessly to allocate more capital into impact investing, with the aim of speeding up the change towards a more sustainable planet. For Katapult Africa, we do this through an impact fund focusing on food and agritech regenerative solutions. The fund invests between $150 000 to $400 000 for equity, in each of the selected companies to our accelerator program.
Our investment cycle runs for about 10 months from start to finish, including the program, where we gather some of the best impact tech companies and connect them with mentors and experts across the globe, together with leading industry partners. Through tailored content we help the selected companies scale fast, and the investment- and accelerator model has been proven and strengthened through 10 Katapult programs over the last 4 years.