The Agri-Business Capital Fund (‘ABC Fund’) has published its third annual Impact Report.
Since its launch in 2019, the ABC Fund has cumulatively disbursed a total of EUR€43m to 28 organizations in 11 countries in Africa and Latin America. Over the course of 2022, the ABC Fund financed 7 new organizations including 4 agri-SMEs and 3 financial intermediaries.
The organizations financed by the Fund support over 594,000 small-scale farmers, 67% of whom are women. The organizations supported by the Fund created 331 new jobs in 2022.