The management of Afrikelp, in the partnership with Rand Merchant Bank Ventures and Nedbank Private Equity, recently acquired Afrikelp with the strategic intent to invest and support the South African and international agricultural markets.

RMB Ventures’ Ewan Gray spoke to Moneyweb about joining Afrikelp.

 

“We as management, and our new partners in RMB Venture and Nedbank Private Equity, have a passion for agriculture and our business and believe that as a local South African Business we can make an important contribution not only to agriculture in the country, but as a company investing in the future of the country. We believe that our current and future products will assist farmers to become more profitable whilst farming with nature in a sustainable manner. Our vision is to establish Afrikelp as a true agricultural company in South Africa, but also continue to grow internationally across the borders to the rest of Africa, the United States and Europe.” – Kobus Lindeque, Managing Director, Afrikelp.

Afrikelp specialises in natural growth stimulants for plants. The liquid seaweed concentrate containing the natural hormone auxin, is freshly harvested from the fast-growing brown kelp, Ecklonia maxima. This specific species of seaweed is only available along the South African west coast and no other seaweed can replicate its qualities or lay claim to its unique benefits. The seaweed used to produce Afrikelp products, is sustainably harvested in a way that is safe for the environment.

Afrikelp Article

Using the kelp extract on plants or to treat plant roots, is not only a good idea because it’s a natural bio-stimulant that helps plants to extract nutrients from the soil more efficiently, but can assist food production sustainably. Using Afrikelp on crops is a sustainable way to support the natural root development and growth of a plant while improving the nutrient and water efficiency leading to a more sustainable farming environment.

Read this article by Moneyweb about the buy-out: https://www.moneyweb.co.za/in-depth/rmb-insights/providing-progressive-solutions-in-the-agri-sector/