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AGRA invests $2.5 million to boost Agri-Business Capital (ABC) Fund

THE Alliance for a Green Revolution in Africa (AGRA) has invested $2.5 Million to boost the share capital of the Agri-Business Capital Fund (ABC Fund). The ABC Fund is a initiative of AGRA, the European Commission through its EU-ACP agreement, the Luxemburg Government and the International Fund for Agricultural Development (IFAD) to support sustainable and inclusive agricultural value chains for smallholder farmers and small-to-medium sized rural agribusinesses (SMEs) in developing countries.

ABC Fund focuses on investments that can drive economic and social development and generate economic opportunities for smallholder farmers, in particular women and young people, with an aim of improving livelihoods of more than 4 million individuals over the life of the fund.

Read more at Vanguard

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