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Mastercard Foundation and ICCO Cooperation Partner To Strengthen the Resilience of 80,000 Farmers in Senegal
ICCO Cooperation and the Mastercard Foundation have joined forces to support smallholder farmers in Senegal who were left reeling from the impact of COVID-19. The COVID-19 Recovery and Resilience Agrifinance Project (CORRAP), co-created with Senegalese producers, aims to support smallholders to recover from the pandemic and emerge stronger and more resilient to future crises and shocks.
- Categories
- Agriculture, Coronavirus, Finance
- Region
- Sub-Saharan Africa
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Bigger Sometimes Is Better When It Comes To Farm Size
According to the Food and Agriculture Organization of the United Nations (FAO), about 90 percent of the world's 570 million farms are small and most are found in the rural areas of the developing world, but they produce food for a substantial proportion of the world's population. Many small farmers take on other economic activities to add to their small incomes.
- Categories
- Agriculture, Finance
- Region
- Sub-Saharan Africa
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When the Economics Don’t Work: Realigning Capital Markets with Development Impact
Agricultural SMEs in Africa face a daunting finance gap, and as Brian Milder, founder and CEO at Aceli Africa points out, current lending approaches aren't enough to fill it. He explores Aceli's solution: taking blended finance a step further by creating a mechanism to align impact with financial sustainability for capital providers across the entire marketplace.
- Categories
- Agriculture, Finance, Investing
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Good Nature Agro Closes Series A Funding of $2.1 Million
Good Nature Agro, a Zambian company working from end-to-end within the specialised legume value chains, has announced that it closed Series A equity funding totalling $2.1 million.
- Categories
- Agriculture, Investing
- Region
- Sub-Saharan Africa
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Making Smartphones Relevant for the World’s Poorest Farmers: An Interview With AgUnity CEO David Davies
Extreme poverty is increasing in countries around the world, particularly in last-mile communities where most people work in agriculture. In this Q&A, AgUnity CEO David Davies discusses his company's efforts to leverage low-cost smartphones and other technologies to provide smallholder farmers with practical tools to connect with each other and work their way out of poverty.
- Categories
- Agriculture, Coronavirus, Finance, Technology, Telecommunications
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Global Trade in Food and Agricultural Products More Than Doubles in Last Two Decades
Trade and markets can spur sustainable development and strengthen resilience to shocks
- Categories
- Agriculture, Finance
- Region
- Europe & Eurasia
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Samunnati Raises $20 Million Direct Debt From U.S. International Development Finance Corporation
U.S. International Development Finance Corporation (DFC) has committed a $20mn direct loan to Samunnati Financial Intermediation & Services Pvt. Ltd., a non-banking financial company (NBFC) in India to help the company expand financing and technical assistance to low-income farmers and enterprises throughout the agricultural value chain in India.
- Categories
- Agriculture, Finance, Investing
- Region
- Asia Pacific
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Vietnamese Farmers To Get Help From Bayer in Fight Against Saltwater-Drought, COVID-19
Around 80,000 smallholder farmers whose livelihoods and welfare have been severely impacted by COVID-19 will benefit from a global initiative by Bayer titled ‘Better Farms, Better Lives.’
- Categories
- Agriculture, Coronavirus, Environment, Investing
- Region
- South Asia
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