ScopePROJECT FP078APPROVED MARCH 2018EST. IMPLEMENTATION PERIOD 12.0 YEARSRegion AfricaCountries Ghana GHA Nigeria NGA Uganda UGABeneficiaries approx. 1000000053.6Co-financingPROJECT OWNERS Acumen Fund Inc. Acumen Access Modality DIRECT REGIONALExecuting EntityAcumen Resilient Agriculture Fund LPAcumen Capital Partners LLCAcumen Fund Inc.ContextSupporting pioneering and early-growth innovative agribusinesses that enhance the climate resilience of smallholder farmers.Agriculture is a major industry in the target countries and up to 80 percent of farmland is managed by smallholder farmers who are highly vulnerable to the impacts of climate change. Climate resilience is key to ensuring a long term sustainable increase in agriculture productivity and incomes for smallholder farmers.The Acumen Resilient Agriculture Fund ARAF will improve climate resilience to ensure long-term sustainable increases in agriculture productivity and incomes for smallholder farmers. It will shift the pattern of investment in climate change adaptation activities in Africa from grants to a long-term capital approach enabling smallholder farmers to respond to climate change more efficiently and effectively. It will support innovative private social entrepreneurs in micro- small and medium-sized enterprises MSMEs by providing aggregator and digital platform and innovative financial services to smallholder farmers.The project has an estimated lifespan of 12 years.Financing Sources2 Netherlands Development Finance Company FMOAnna van Saksenlaan 712593 HW The HagueThe NetherlandsTel 31 70 314 96 96Email info@fmo.nlhttpswww.fmo.nl
π Key Information
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Tender Reference No.
436146285
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Publication Date
17 Jul 2020
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Estimated Value
USD 56000000
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Sector
Agriculture, Food and Beverages
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Deadline
03 Sep 2031
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Notice Type
Projects
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Location
Ghana
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Contract Duration
11 Years 1 Month 17 Days
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π·οΈ CPV
No CPV found
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