Aceli Africa Inc.

$15,000,000.00 CAD

≈ $0.36 for every person in Canada ≈ 194 Canadians' average pay for a year
Department
Global Affairs Canada
Program
Recipient country
Canada
Fiscal year
2023-2024
Agreement period
February 28, 2024 – March 31, 2034
Reference
CA-3-P012106001

Published purpose

The Aceli Agri-SME Market Incentive Facility aims to unlock financing for high-impact agricultural small and medium sized enterprises (agri-SMEs). The project provides financial incentives to increase the risk appetite of global and local financial institutions to lend to these businesses, which lack access to capital. It also provides technical assistance to expand the ability of high-impact small and medium enterprises (SMEs) to qualify for and manage the financing. Project activities include: (1) offering financing incentives to financial institutions Sub-Sahara Africa; (2) offering an impact bonus to financial institutions that serve borrowers that are inclusive of gender and youth and contribute to food security on the continent; and (3) providing technical assistance for early and growth stage SMES, both before and after investment.

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View official source record Imported July 30, 2026 from Global Affairs Canada IATI data