AgDevCo commits $15m follow-on investment to Victory Group

LONDON, April 07, 2026 (GLOBE NEWSWIRE) — AgDevCo, the specialist agriculture investor, has made a $15 million follow-on investment in Victory Group, an East African aquaculture company producing and distributing Nile tilapia.

Victory Group farms tilapia on Lake Victoria in Kenya and Lake Kivu in Rwanda. The company sells fresh fish to thousands of mama samakis (female market traders), via more than one hundred sales outlets. The company expects to produce 30,000 tons of fish in 2026, helping broaden access to affordable and sustainable protein across the region.

The financing will support Victory Group’s next phase of expansion, including multiple new farming sites in Kenya and Rwanda. AgDevCo’s mezzanine loan will help the company respond to rising regional demand and improve reliability of supply for market traders.

Joseph Rehmann, founder and Chief Executive Officer of Victory Group, said: “Our aim is to build a leading aquaculture business that supplies nutritious protein at scale, while creating opportunities for the traders and communities that depend on our value chain. AgDevCo’s investment will help us expand production and strengthen distribution as demand for affordable, high-quality fish continues to grow across East Africa.”

John Jakobsson, Investment Director at AgDevCo, said: “Our follow-on investment reflects our confidence in Victory Group’s management team and growth potential. Since our initial investment of $4 million in 2021, the company has significantly increased production while improving operational efficiency. We are delighted to put our capital to work to drive more impact in the region.”

Trinity International (UK), BJTK (Netherlands), Martha Mbugua & Associates (Kenya) and Certa Law (Rwanda) provided AgDevCo with legal transaction services.

AgDevCo invests exclusively in the African agriculture sector, providing patient capital to businesses that create jobs, strengthen food systems and support economic growth. It has $340m in assets under management and has made more than 88 investments to date, including 51 exits.

Contact for media enquiries: John Jakobsson, Investment Director ([email protected]).

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Call for Nominations: 2026 Global Citizen Award

LONDON, April 07, 2026 (GLOBE NEWSWIRE) — Leading international residence and citizenship planning firm Henley & Partners, in partnership with Andan Foundation, a Swiss non-profit humanitarian organization, is pleased to announce the call for nominations for the 2026 Global Citizen Award.

Created in 2014, the Global Citizen Award is a tribute that honors remarkable individuals working to advance any one of the global challenges affecting humanity today – challenges that transcend national boundaries and cannot be resolved by any one country acting alone.

The 2026 laureate will be selected by a distinguished, independent committee and honored at the Global Citizen Award ceremony which forms part of the annual Henley & Partners Global Citizenship Conference.

Henley & Partners Chairman and Founder of the Andan Foundation, Dr Christian H. Kaelin, says the awardee’s work needs to demonstrate a positive impact on the lives of vulnerable social groups, particularly with a connection to migration-related issues. “The Global Citizen Award is open worldwide to those working in a field with a direct link to the issues they are looking to affect. The committee is looking for remarkable and inspirational individuals who demonstrate vision, courage, and innovation in driving global change, and whose actions and outlook contribute to a more just, peaceful, connected, and tolerant world.”

The selection process is based on a majority decision of the Award Committee. The award itself consists of a bespoke sculptural medal designed by leading Italian artist Antonio Nocera, an award certificate signed by the Chairman of the Global Citizen Award Committee, and a monetary prize of USD 20,000, which goes towards supporting the awardee’s humanitarian efforts. In addition, Henley & Partners commits to working closely with the awardee for a period of one year, raising awareness of their work and supporting the selected project through the firm’s network of more than 70 offices worldwide.

Since its inception, the Global Citizen Award has honored many remarkable individuals, including German entrepreneur Harald Höppner, who set up the refugee humanitarian aid project Sea Watch, Dr. Imtiaz Sooliman, Founder of the Gift of the Givers Foundation, Africa’s largest disaster relief organization and Monique Morrow, Co-Founder of The Humanized Internet, a digital identity project that aims to bring hope to the estimated 1.1 billion individuals in the world who cannot prove their legal identity.

Diep Vuong, Co-Founder and President of the Pacific Links Foundation, was awarded for her work in Southeast Asia campaigning for the rights of those enslaved by human trafficking, while Prof. Dr. Padraig O’Malley received his Global Citizen Award in recognition of his work on conflict resolution and reconciliation in Northern Ireland, South Africa, and Iraq. Zannah Bukar Mustapha was honoured for the psychological, educational, spiritual and other developmental support he provided to the children and widows affected by the insurgency in north-eastern Nigeria, and Mohamed Nasheed, former President of the Maldives and the current Secretary-General of the Climate Vulnerable Forum, was acknowledged for his pioneering work as a human rights activist and advocate for climate action. Most recently, Professor Spyridon Flogaitis was presented with the 2025 Global Citizen Award for his work in advancing public law, legal education, and institutional reform, and for strengthening governance and access to justice in regions facing democratic fragility.

Reflecting on the award’s legacy and impact, Dr. Kaelin explains that the ideals of global citizenship have always been central to Henley & Partners. Through its collaboration with the Andan Foundation, the firm extends vital support to individuals displaced by conflict, war, and climate-related crises. “Every Global Citizen Award laureate has inspired us with their courage in tackling challenges that many consider insurmountable,” he says. “The issues we face today extend far beyond local communities or national borders. Now, more than ever, it is vital to support those who are making a real difference in the lives of vulnerable people around the world.”

Nominations close on Wednesday, 6 May 2026. You can submit your nomination online here or send it to [email protected].

Media Contact:
Sarah Nicklin
Group Head of Public Relations & Communications
[email protected]
Mobile: +27 72 464 8965


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