Pan-African food and agriculture-focused private equity fund manager EXEO Capital has invested US$4.6 million in Zambia-based food distributor Capital Fisheries through Agri-Vie Fund II. Capital Fisheries, which specializes in the cold-chain distribution of animal proteins, mainly sells tilapia (or bream) and horse mackerel. Over the next two years, the company plans to increase the number of wholesale depots it operates and expand its supporting cold-chain logistics platform.