AfDB - African Development Bank Gro
$20,000,000.00 CAD
- Department
- Global Affairs Canada
- Program
- —
- Recipient country
- Canada
- Fiscal year
- 2021-2022
- Agreement period
- March 28, 2022 – June 30, 2042
- Project status
- Implementation
- Reference
- CA-3-P010883002
Published purpose
This project seeks to support the agricultural small- and medium-sized enterprises (Agri-SME) Catalytic Financing Mechanism (ACFM) pipeline to address the increased technical complexity, eligibility requirements and reporting obligations related to Agri-SME operations. Project activities include: (1) building the internal capacity and required systems of ACFM investees through training, business development services and integration of new technologies for efficiently identifying, investing and tracking eligible Agri-SMEs; (2) improving at scale the financial viability, creditworthiness and governance standards required by lenders of gender-focused and climate-resilient Agri-SMEs; (3) supporting effective project preparation and design of high-quality projects for ACFM funding; and (4) supporting adaptive learning, knowledge generation and dissemination activities to promote financial inclusion of underserved Agri-SMEs.
In plain English AI-generated
This project supports agricultural small- and medium-sized enterprises in developing countries by building their capacity, improving financial viability, and promoting gender-focused and climate-resilient investments through the Agri-SME Catalytic Financing Mechanism.
Category: Foreign Aid Development Primarily funds activity outside Canada
Based on the published description. See how AI categorization works — the linked official record is authoritative.
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