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Title:
Multinational - Facility for Agricultural Finance in Africa
Detail:
The Facility for Agriculture Finance in Africa (FAFINA) aims to foster the agricultural transformation of the continent from agriculture as way of life to agriculture as a business. The project is a holistic program that addresses some of the remaining constraints for the Bank Group to reach a very critical mass of the African population – its farmers. The facility to address the challenges will introduce several innovative instruments and structures namely: (a) independent fund management for initial supply driven identification and technical due diligence stages of processing; (b) technical assistance to bring proposals to bankability (c) first loss portfolio guarantees; and (d) pay for performance contract structures. The project main components are (i) concept and prefeasibility Stage; (ii) Facility implementation and supporting documents and (iii) TA assistance operations ramp-up.
Country:
International
Source:
African Development Bank Group
Published Date:
19.07.2018
URL:
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