GAIN and Incofin Investment Management Announce New Collaboration to Unlock the Potential of SMEs to Improve Diets and Nutrition in Africa
Geneva, 3 February 2020 – New Nutritious Food Financing Facility (N3F) will equip African SMEs with financing and skills to make nutritious and safe food more available and affordable.
The Global Alliance for Improved Nutrition (GAIN) and Incofin Investment Management (Incofin IM) have announced a new collaboration to take forward and manage the newly established Nutritious Food Financing Facility (N3F). The N3F aims to increase the availability of safe, nutritious foods among low income populations in Sub-Saharan Africa by providing financing and technical assistance to Small and Medium Sized Enterprises (SMEs), which produce and distribute most of the locally produced nutritious food in the region.
The N3F will support SMEs in nutritious food value chains by providing both technical assistance and investment to help improve their financial performance, sustainability and the nutritional content of their products. The facility will pioneer a robust set of metrics on nutrition and food, and aims to demonstrate how investments in SMEs can increase the supply and availability of safe, nutritious foods, and in the process, encourage more investments into the space.