NextBillion - An Initiative of the William Davidson Institute at the University of Michigan

This fund would be used to improve seed systems, government engagement, agricultural supply chains, and combat climate change. The overall goal of procuring this huge fund is to reduce dependency on imported food, and of course, reduce the inflation of food prices in Africa.

The $550 million fund set out by AGRA is intended to help local and small-scale farmers across the continent, mitigate agricultural challenges. These farmers have neither the means nor the resources to combat some of the more complex issues that well-funded farmers can. They are in a vulnerable position where even the slightest nudge could affect their output.