OLD Mutual Investment Group has announced a deal to increase its overall effective equity stake in African agriculture investment group, UFF African Agri Investments, to 49 percent.

The partnership will see the strengthening of a long-time relationship between the two companies, with investment opportunities of up to $500 million into African farmland envisaged over the next three years.

UFF African Agri Investments has specialist expertise, with a dedicated focus on investments in the agri sector in Africa.

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