OUR HERITAGE
Pearl Dairy
US$35MM Raise in Debt Financing for Uganda's Leading Dairy Producer
Pearl Dairy Farms Limited is Uganda’s largest dairy processor and a leading producer and distributor of dairy products in East Africa.
Delphos assisted Pearl Dairy to secure US$35MM in long-term debt financing. The proceeds will finance expansion of existing dairy operations in Uganda, secure footprint in Kenya and refinancing existing facility.
Sector
Agriculture
Amount Raised
US$35,000,000
Deal Type
Capital Raising
Unique Challenge
Delphos advised on structuring and arranging the debt facility for a leading dairy producer in East Africa, supporting DFI engagement and aligning the transaction with food security and agricultural resilience priorities.
Sub-sector
Agri Processing
Year
2023
Type of Financing
Debt
Deal Impact in Numbers
- Increased powder milk processing capacity from 20MT/day to 50MT/day
- Expanded dairy production and processing infrastructure
- Improved efficiency across the dairy value chain
Lender
IFC, FMO
SDGs




Borrower
Pearl Dairy Farms Ltd.
Deal Impact in Lives
- Smallholder farmers and dairy suppliers in Uganda and Kenya
- Local consumers benefiting from improved food availability
- Employees and rural communities linked to dairy value chains
Location
Uganda

