FUNDS FINANCING AGRICULTURE AND AGRI-BUSINESS
It is all too common to witness the funding gap for small and medium enterprises in the agriculture sector, whether it be early stage companies or companies having initially benefitted from subsidies. The database below aims to facilitate this by providing a list of funds for companies active in the agriculture sector. This list builds on the Critical Capital for African Agri-Food SMEs study authored by Bert van Manen, published in 2018 by AgriProFocus, ICCO Cooperation and Rabobank Foundation, and supported by the Food & Business Knowledge Platform. This study reviewed demand and supply of risk capital for agri-food SMEs in Sub-Sahara Africa.
At the request of the Netherlands Space Office executing the Geodata for Agriculture and Water (G4AW), NpM expanded the list to include funds for all of Africa and for countries in Asia. Users can navigate through this list by selecting fund size, geographical scope, size of investments, financial instruments, and sector focus. Additionally, it is possible to select whether the fund is a good for companies in the G4AW programme, whether the fund provides Business Development Services (BDS), and whether it considers itself an ‘impact investor’.
We hope this will assist companies in the agriculture sector to identify potential funding and carry on their important work towards food security.
CHOOSE REGION:
1776 Ventures Seed Fund | 12.5 | Global
Limited Presence in Africa
|
Small | Venture Capital
Incubation; Seed Capital; Start-ups
|
Multi-sector | Yes | Yes | |
AAF - African Agriculture Fund (Phatisa) | 210 | Africa only East Africa ?Southern Africa ?West Africa
Ghana; Kenya; Nigeria; Tanzania; Uganda
|
Large | Private Equity | Agriculture only
Agri (farming) included
|
No | Yes | Yes |
AAF - African Agriculture SME Fund (Phatisa) | 36 | Africa only East Africa Southern Africa West Africa
Ghana; Kenya; Nigeria; Tanzania; Uganda
|
Small Medium |
Private Equity | Agriculture only
Agribusiness
|
Yes | Yes | Yes |
AATIF - Africa Agriculture and Trade Investment Fund | 146 | Africa only Central Africa East Africa North Africa Southern Africa West Africa
COMESA; Ghana; Mozambique
|
Large | Debt Guarantees |
Agriculture only
Agri-business. Also banks and MFIs.
|
No | Yes | Yes |
Abraaj Group Africa Fund III (including other funds) | 800 | Global |
Large | Private Equity | Multi-sector
Also Banks
|
No | No | No |
Accion Frontier Inclusion Fund | 141 | Global Southern Africa
Limited Presence in Africa
|
Small Medium |
Private Equity Venture Capital
Early Stage; Growth Stage
|
Multi-sector
FinTech
|
Yes | Yes | |
Accion Venture Lab | 10 | Global
Limited Presence in Africa
|
Small | Venture Capital
Early Stage; Seed Capital; Start-ups
|
Multi-sector
FinTech
|
Yes | Yes | Yes |
Actis Africa Agribusiness Fund | 92 | Africa only Central Africa East Africa Southern Africa West Africa
Ivory Coast; Kenya; Tanzania; South Sudan; Zambia
|
Large | Private Equity
Buy-and-build Transactions; Change of Management Control; Expansion Capital; No Greenfield Start-ups; Rehabilitation
|
Agriculture only
Agri-business value chain
|
No | Yes | |
Acumen | 88 | Global East Africa West Africa
Africa; India; LAC; Pakistan
|
Small Medium |
Debt Venture Capital
Early Stage; Seed Capital; Term Loan; Working Capital
|
Multi-sector | Yes | Yes | Yes |
Adenia Capital IV | 230 | Africa only East Africa West Africa
Ghana; Ivory Coast; Madagascar; Mauritius
|
Large | Private Equity | Multi-sector
Agri-business
|
No | No | No |
AECF - Africa Enterprise Challenge Fund | 256 | Africa only |
Small Medium |
Grant Fund
|
Multi-sector
Niche Fund
|
Yes | ||
AFF - Africa Food Fund (Silk Invest) | 40 | Africa only East Africa North Africa West Africa
Egypt; Ethiopia; Nigeria
|
Medium Large |
Private Equity | Multi-sector
Food and beverage SMEs
|
No | No | No |
African Capital Alliance - CAPE IV | 570 | West Africa
So far: Nigeria only
|
Medium Large |
Private Equity
Growth Stage
|
Multi-sector
Food included
|
Yes | ||
African Rivers Fund | 50 | Central Africa East Africa
Burundi; CAR; Congo; DRC; Uganda
|
Small Medium |
Debt Private Equity
Mezzanine; Quasi-equity
|
Multi-sector | Yes | ||
AfricInvest III | 200 | Africa only North Africa West Africa |
Large | Private Equity | Multi-sector
Agri-business included; Banks
|
No | No | No |
AgDevCo | 100 | Africa only East Africa Southern Africa West Africa
Ghana; Malawi; Mozambique; Rwanda; Tanzania; Uganda; Zambia
|
Small Medium Large |
Debt Private Equity Venture Capital |
Agriculture only
Agri (farming) included
|
Yes | Yes | Yes |
African Guarantee Fund | 0 | Africa only |
Guarantees | Multi-sector | No | |||
Agri-Vie | 200 | Africa only |
Large | Debt Private Equity
Growth Stage
|
Agriculture only | No | Yes | |
AHL Ventures | 100 | Africa only Central Africa East Africa North Africa Southern Africa West Africa |
Small Medium |
Debt Venture Capital
Early Stage
|
Multi-sector
Agribusiness included
|
Yes | No | No |
Alpha Mundi | 0 | Global Central Africa East Africa North Africa Southern Africa West Africa |
Small Medium |
Debt Private Equity Venture Capital |
Multi-sector
Agriculture
|
Yes | Yes | |
Alterfin | 50 | Global |
Small Medium |
Trade finance | Agriculture only
Cocoa; Coffee
|
No | ||
Althelia Climate Fund | 117 | Global |
Large | Debt Private Equity |
Multi-sector
Niche Fund; indirect link to agriculture
|
No | Yes | |
Althelia Madagascar Climate and Conservation Fund | 0 | East Africa
Madagascar only
|
Conservation
|
No | Yes | |||
Amethis Finance | 430 | Africa only East Africa Southern Africa West Africa
Ghana; Ivory Coast; Kenya; Mauritius; Nigeria; Zimbabwe
|
Large | Private Equity | Multi-sector | No | ||
Annona Sustainable Investment Fund | 9 | Global East Africa West Africa
Ghana; Kenya
|
Small | Agriculture only
Niche Fund; Food VC and sustainable tourism
|
No | Yes | ||
Ascent Rift Valley Fund | 78 | East Africa
Primarily: Ethiopia; Kenya; Uganda. Wider East Africa region (Burundi; Rwanda; Tanzania) may be covered as well
|
Medium Large |
Private Equity
Growth Stage
|
Multi-sector
Agri-business
|
No | ||
Aureos Africa Fund | 381 | Africa only East Africa Southern Africa West Africa
Ethiopia; Ghana; Ivory Coast; Kenya; Nigeria; Senegal; RSA
|
Large | Debt Private Equity
Growth Stage
|
Multi-sector
Agribusiness included
|
No | ||
Aventura Rural Enterprise Fund | 50 | West Africa
Senegal only
|
Large | Private Equity
Early Stage; Growth Stage
|
Agriculture only
Agri-business
|
No | Yes | |
Awethu Project | 0 | Southern Africa
RSA only
|
Small | Private Equity Venture Capital
Incubation; Seed Capital
|
Multi-sector | Yes | Yes | |
Beira Agricultural Growth Corridor | 20 | Southern Africa
Mozambique only
|
Small | Venture Capital | Agriculture only |