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    Signature(s)

    Amount
    € 12,486,980.4
    Sector(s)
    Services : € 3,746,094.12
    Industry : € 6,243,490.2
    Signature date(s)
    28/06/2022 : € 2,497,396.08
    28/06/2022 : € 3,746,094.12
    28/06/2022 : € 6,243,490.2

    Summary sheet

    Release date
    28 June 2017
    Status
    Reference
    Signed | 28/06/2022
    20170443
    Project name
    Promoter - financial intermediary
    AFRICA FOOD SECURITY FUND (AFSF)
    Databank Investment Partners
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 12 million
    EUR 85 million
    Location
    Sector(s)
    Description
    Objectives

    Equity participation in agricultural investment fund with a focus on small and medium-sized enterprises (SME) companies across the Sub-Saharan agriculture sector spanning the entire food value chain from primary to tertiary services. The fund is a successor fund to the African Agriculture Fund-SME Fund launched in 2012, as the first pan-African SME fund to invest across the agriculture value chain.

    The overall objective of the fund is to improve Africa's food value chain through the provision of growth capital.

    Environmental aspects
    Procurement

    The fund's operational guidelines will provide for environmental and social due diligence of all projects, according to guidelines acceptable to the EIB.

    The fund will be required to ensure that implementation of the underlying projects is done in accordance with the EIB Guide to Procurement.

    Related projects
    Other links

    Disclaimer

    Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The information and data provided on this page are therefore indicative.
    They are provided for transparency purposes only and cannot be considered to represent official EIB policy (see also the Explanatory notes).

    Documents

    Environmental and Social Data Sheet (ESDS) - AFRICA FOOD SECURITY FUND (AFSF)
    Publication Date
    17 Jan 2018
    Document language
    Main Topic
    Lending
    Document Number
    79299375
    Document Focus
    Environmental Information
    Project Number
    20170443
    Countries
    Publicly available
    Download now

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