Aceli Africa Inc.
$10,000,000.00 CAD
- Department
- Global Affairs Canada
- Program
- —
- Recipient country
- Canada
- Fiscal year
- 2023-2024
- Agreement period
- March 26, 2024 – March 22, 2029
- Project status
- Implementation
- Reference
- CA-3-P012106002
Published purpose
This project aims to increase the flow of capital to high-impact agricultural small- and medium-sized enterprises (agri-SMEs).This project complements the financial incentives provide through Aceli’s market incentive facility. It supports lenders and agri-SME. Project activities that include: (1) providing technical assistance to agri-SMES at the pre- and post-investment stage to increase their capacity to access and manage financing; (2) building capacity for lenders to adapt their product offering, enhance their staff expertise, improve and create environmental, social, and governance policies; and (3) conducting data and learning activities to inform adjustments to incentive levels and technical assistance as the market evolves.
In plain English AI-generated
This project aims to increase capital flows to agricultural small- and medium-sized enterprises in developing countries by providing technical assistance, building lender capacity, and conducting data and learning activities.
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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