Grants and Contributions:
Title:
Support to the Africa Enterprise Challenge Fund (AECF) - Agribusiness Africa Window 2 (AAW2)
Agreement Number:
5007060632 P000285001
Agreement Value:
$14,855,185.25
Agreement Date:
Nov 11, 2014 - Dec 30, 2022
Description:
The project aims to improve productivity in commercially viable and sustainable enterprises, increase employment, and improve economic security for the rural poor in sub-Saharan Africa. Canada's grant funding is delivered through the Africa Enterprise Challenge Fund (AECF)'s Agribusiness Africa Window2 (AAW2) initiative that identifies and supports selected business ideas that create jobs, boost agricultural productivity, and increase economic opportunities for the poor in Africa. AAW2 reviews applications and funds selected private sector companies to grow innovative agribusinesses in sub-Saharan Africa that benefit rural communities. Through a transparent and competitive process, the project acts as a catalyst for selected small and medium-sized enterprises by providing technical assistance and challenge fund grants that are matched by private sector investments. The project is expected to reach 500,000 rural households, 60% of which their members are living on less than $2/day.
Organization:
Global Affairs Canada
Expected Results:
The expected outcomes for this project include: (1) enhanced capacity of small and medium-sized enterprises to launch and scale-up innovative agribusiness operations; (2) enhanced knowledge among private sector partners of market opportunities and commercial viability of agribusiness; (3) increased capacity of small-holder farmers to access new markets; and (4) engagement by small-holder farmers to use improved services in the agricultural value chain.
Location:
Westlands, KE
Reference Number:
GC-2015-Q1-0002
Agreement Type:
Contribution
Report Type:
Grants and Contributions
Recipient Type:
Not-for-profit organization or charity
Additional Information:
The end date is changed to 2022-12-30.
Amendment Date
Mar 29, 2023
Recipient's Legal Name:
AGRA - Alliance for a Green Revolution in Africa
Program:
International Development Assistance Program
Program Purpose:
The main purpose on the International Development Assistance Program is to reduce poverty for those living in countries where Global Affairs Canada engages in international development.
Amendments: