Release date: 28 June 2017
Promoter – Financial Intermediary
Databank Investment Partners
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.
- Industry - Manufacturing
- Services - Wholesale and retail trade; repair of motor vehicles and motorcycles
- Services - Financial and insurance activities
- Agriculture, fisheries, forestry - Agriculture, forestry and fishing
Proposed EIB finance (Approximate amount)
EUR 12 million
Total cost (Approximate amount)
EUR 85 million
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.
Approved - 13/12/2017
Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The data provided on this page is therefore indicative and cannot be considered to represent official EIB policy (see also the Explanatory notes).