May 11

Alliance for a Green Revolution in Africa Partners With Aceli to Enhance Capital Flows for SMEs in Agriculture Sector

AGRA and Aceli have signed a letter of intent committing to jointly work together to test and scale up innovations that substantially drive down the cost and risk of financing SMEs in the agriculture space.

“AGRA firmly believes that it is vital to unlock the potential of SMEs for agricultural transformation across Africa,” said Vanessa Adams, Vice president Strategic Partnerships with AGRA.

“This partnership with Aceli is a step in this direction, as the increased capital flows & technical assistance will enable the SMEs to unleash their potential and offer better services to smallholder farmers.

Source: Africa Inc (link opens in a new window)

business development, financial inclusion, smallholder farmers