The ABC Fund has published its Impact Report 2023.

The ABC Fund aims to transform rural livelihoods by generating economic opportunities, enhancing farmer resilience through climate-smart agriculture, and contributing to address food insecurity. To achieve this objective, the ABC Fund provides both financing and technical assistance to organisations that support smallholder farmers. These organisations source raw materials from the farmers, or provide farmers with inputs or various sets of services including finance solutions. The organisations that the ABC Fund has financed since its inception in 2019 support the activity of over 720,000 smallholder farmers, 61% of whom are women and 37% are young. Out of them, it is estimated that over 206,000 smallholder farmers have been directly impacted by the financing provided by the ABC Fund.

The Fund also aims to sustain employment in agribusiness value chains, especially for women and young people. SMEs in the agriculture sector have a strong potential to generate jobs for young people in
developing economies. At the end of 2023, ABC Fund’s investees employ 4,253 people in rural areas, 41% of them being women and 64% youth. During the year 2023, 749 new permanent jobs were created in rural areas within ABC Fund’s investees.