NextBillion - A WDI Publication

Press Release: ISF Advisors Launches Global Report on $200 Billion+ Smallholder Finance Gap Amid Rising Climate Pressures

The report warns this gap is set to widen as climate change drives rising adaptation needs while lenders retreat from risk, threatening global food security and rural livelihoods.

Source

ISF Advisors (link opens in a new window)

Region

Global

Tags

climate change, food security, lending, smallholder farmers, sustainable finance

The African Development Bank Injects $117.3 Million to Transform Cocoa Sector in Côte d’Ivoire Amid Sustainability Push

For farmers in Côte d’Ivoire, particularly youth and women in rural areas, the facility represents more than financial relief.

Source

Africa Sustainability Matters (link opens in a new window)

Categories

Agriculture, Investing

Region

Sub-Saharan Africa

Tags

development finance, smallholder farmers, supply chains

African Development Bank Group Approves $22.8 Million Grant to Boost Mozambique’s Rice Production and Build Climate Resilience

The grant will fund the Rice Value Chain and Climate Resilience Project, which seeks to increase Mozambique’s rice self-sufficiency.

Source

Global Agriculture (link opens in a new window)

Categories

Environment

Region

Sub-Saharan Africa

Tags

climate change, poverty alleviation, rural development, smallholder farmers, supply chains

IFAD Surpasses the US $1 Billion Mark in Sustainable Bonds

Since June 2022, IFAD has issued twelve sustainable bonds through private placements to pension funds, asset managers and central banks from five countries in Europea, Africa and Asia in four currencies (US$, EUR, SEK and AUD).

Source

IFAD (link opens in a new window)

Categories

Agriculture

Region

Global

Tags

development finance, employment, impact bonds, MSMEs, SDGs, smallholder farmers, sustainable finance

SunCulture and Bridgin To Launch 15 Million USD Structure to Finance Climate-Smart Agriculture in Kenya

Through this partnership, Bridgin will finance portfolios of SunCulture’s farmer receivables, allowing the company to reach more customers while de-risking its balance sheet and reinvesting in scale.

Source

Bridgin (link opens in a new window)

Categories

Agriculture, Energy, Investing, Technology

Region

Sub-Saharan Africa

Tags

decarbonization, impact investing, innovation, Productive Use of Energy, renewable energy, scale, smallholder farmers, solar, sustainable finance

Tanzania’s MazaoHub Raises $2 Million to Expand AI-Powered Climate-Smart Farming in Africa

Tanzanian agritech startup MazaoHub has secured US$2 million in an oversubscribed pre-seed round to accelerate its mission of transforming smallholder farming through a blend of artificial intelligence and hands-on agronomy.

Source

Empower Africa (link opens in a new window)

Categories

Agriculture, Technology

Region

Sub-Saharan Africa

Tags

artificial intelligence, climate change, food security, smallholder farmers

Kenya’s SunCulture Raises USD $5 Million to Scale Solar-Powered Irrigation in Africa

SunCulture offers solar-powered irrigation pumps, providing smallholder farmers with a sustainable and affordable alternative to diesel or manual systems.

Source

WeeTracker (link opens in a new window)

Categories

Agriculture, Energy, Investing, Social Enterprise, WASH

Region

Sub-Saharan Africa

Tags

decarbonization, food security, impact investing, smallholder farmers, solar, water

Rwandan Farmers and Private Sector Join Forces to Improve Maize and Soybean Value Chains for 4,000 Smallholders

Activities with farmers include carrying out an inclusive business analysis, setting up demonstration plots, investing in equipment, and conducting joint training by public and private partners.

Source

IFAD (link opens in a new window)

Categories

Agriculture

Region

Global

Tags

food security, partnerships, public-private partnerships, smallholder farmers