Aceli Africa Inc.
$15,000,000.00 CAD
- Department
- Global Affairs Canada
- Program
- —
- Recipient country
- United States
- Fiscal year
- 2023-2024
- Agreement period
- March 20, 2024 – March 20, 2034
- Reference
- dfatd-maecd:064-2024-2025-Q2-00667
Published purpose
The Aceli Agri-SME Market Incentive Facility aims to unlock financing for high-impact agri-SMEs. The proposed facility aims to provide financial incentives to increase the risk appetite of financial institutions (global and local). It also aims to facilitate technical assistance to expand the ability of high-impact small and medium enterprises (SMEs) to qualify for and manage financing. Project activities include: (1) offering financing incentives to financial institutions (both local and international in Sub-Sahara Africa); (2) offering impact bonus to financial institutions that serve borrowers that are inclusive (gender and youth) and contribute to food security on the continent; and (3) providing technical assistance for early and growth stage SMES, both pre and post investment.
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