Friday
March 21
2025

African Development Bank to Unlock $10 Billion for African Farmers With New $500 Million Facility

By Israel Ojoko

African Development Bank (AfDB) Group President Dr. Akinwumi Adesina has unveiled plans for a groundbreaking $500 million facility aimed at unlocking $10 billion in financing for smallholder farmers and agribusiness enterprises across Africa.

Photo courtesy of ICRISAT.

Source: Nairametrics (link opens in a new window)

Categories
Agriculture, Finance
Tags
fintech, lending, scale, smallholder farmers