Eos Capital has acquired a 15% stake in Namibia Berries, with the aim of enhancing local blueberry production and contributing to Namibia's agricultural sector.

Information on the Target

Namibia Berries is a prominent hydroponic blueberry producer located in Divundu, northern Namibia. The company is poised for substantial growth, with plans to expand its operational area to over 500 hectares over the next 5 to 7 years. This expansion strategy is not only aimed at increasing production capacity but also at significantly impacting the local community by creating up to 8,000 new jobs, particularly emphasizing opportunities for women.

Industry Overview in Namibia

The agricultural sector in Namibia plays a critical role in the nation’s economy, contributing significantly to GDP and employment. With a rich diversity of climates and vast arable land, Namibia has the potential to emerge as a significant player in the global agricultural market. In particular, the blueberry sector has been gaining traction due to increasing worldwide demand for healthy and nutritious produce.

The blue economy in Namibia offers substantial opportunities for growth, especially in the cultivation of high-value crops such as blueberries. With supportive government policies promoting agricultural investment and sus