Grants and Contributions:
Title:
Aceli Africa - technical assistance
Agreement Number:
7457523 P012106002
Agreement Value:
$10,000,000.00
Agreement Date:
Mar 26, 2024 - Mar 22, 2029
Description:
This project aims to increase the flow of capital to high-impact agricultural small- and medium-sized enterprises (agri-SMEs).This project complements the financial incentives provide through Aceli’s market incentive facility. It supports lenders and agri-SME. Project activities that include: (1) providing technical assistance to agri-SMES at the pre- and post-investment stage to increase their capacity to access and manage financing; (2) building capacity for lenders to adapt their product offering, enhance their staff expertise, improve and create environmental, social, and governance policies; and (3) conducting data and learning activities to inform adjustments to incentive levels and technical assistance as the market evolves.
Organization:
Global Affairs Canada
Expected Results:
The expected outcomes of this project include: (1) improved ability to serve agri-SMEs, particularly those that are gender inclusive, by the financial institutions supported by Aceli Africa; (2) enhanced capacity of lenders and agri-SMEs to apply good Environmental, Social and Governance (ESG) standards and access and manage financing; and (3) improved food security and nutrition, gender and youth inclusion, and climate smart agricultural practices by high-impact agri-SMEs in Sub-Saharan Africa.
Location:
Washington, US
Reference Number:
064-2024-2025-Q2-00668
Agreement Type:
Contribution
Report Type:
Grants and Contributions
Recipient Type:
Not-for-profit organization or charity
Additional Information:
Belated reporting
Recipient's Operating Name:
Aceli Africa Inc.
Recipient's Legal Name:
Aceli Africa Inc.