5 places you can get funds for your agribusiness in Africa

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  1. The Maendeleo Agricultural Enterprise Fund (MAEF).

Launched in 2011, the Maendeleo Agricultural Enterprise Fund is a venture philanthropy programme managed by Farm Africa. MAEF works to identify, support and scale-up rural enterprises that contribute to a functioning market. MAEF builds upon the success of the Maendeleo Agricultural Technology Fund (MATF), which provided small-scale farmers in East Africa mainly: Kenya, Tanzania and Uganda with better access to improved agricultural technologies.

MAEF invests in small-to-medium-sized businesses (SMEs) that either enable smallholders to participate in agricultural value chains or provide products and services to farming families to improve their efficiency, modernise their farming practices, build a functioning market that they can engage with and ultimately increase their incomes. These include (but are not limited to) agricultural input and equipment suppliers, traders, aggregators, processors, and exporters.

It does all of this through a venture philanthropy model using grants to raise the productivity of farmers, coupled with risk capital to increase the turnover, business skills and market access of the commercial partner. If the potential partners meet the investment criteria, they are offered a complete package comprising non-recoverable grant, recoverable grant and business support. The amount of grant to be recovered after three years is negotiated beforehand and structured to provide an incentive for the partner to re-invest profits in the business on a continuous basis.

  1. Farm Capital Africa Limited.

Farm Capital Africa’s vision is to generate Wealth in Africa through investing in profitable business ventures in the underfunded agricultural sector. It channel’s capital to profitable and sustainable ventures through strategic partnerships supported by Technology to meet the dire need for access to agribusiness financing by small scale agripreneurs across Africa. Utilizing the internet to fund raise and mobile money to disburse funds, the company enables these agripreneurs, mostly youth and women, to connect with and receive capital investment from investment groups, urban middle class and diaspora africans in exchange for a share of the profits derived from the produce.

Farm capital has a risk sharing funding model that allows several investors to invest what ‘they can afford to lose’ into an agribusiness for a share of profits up until they recover their capital and earn a profit on it. This can range from 3 months to 5 years depending on the type of farming activity and amount of investment.

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  1. The Agriculture Fast Track (AFT) Fund.

The AFT is a fund that facilitates investments in agricultural infrastructure in Africa by lowering project preparation costs for AFT grant recipients. It is a multi-donor trust fund managed by the African Development Bank with funding support from the US government represented by USAID (US$ 12 million), the Danish Government represented by DANIDA (US$ 1.8 million) and the Swedish Government represented by SIDA (US$ 10 million). It was launched on 8 May 2013 with initial funding amounting to US$ 23.80 million. The AFT is housed at the Agriculture and Agro-Industry department (OSAN) of the African Development Bank.

The AFT provides grant funding for initial project development costs of a broad range of agriculture infrastructure projects spanning the entire value chain – from production to market. These can emanate from the private or public sector and from local or international businesses. The types of projects envisioned range from rural feeder roads to agro-processing and marketing facilities to out-grower schemes. The emphasis will be on projects that contribute to food security and support to smallholders.

  1. African Agriculture Fund (AAF).

A coordinated response from a pool of European and African development finance institutions, This African Agriculture Fund is a powerful and sizeable private equity fund aimed at making a positive impact on African agriculture and food production, through a truly pan-African investment approach in response to the continent’s food security. The Fund reached final close at $151 million in November 2010, operations commenced in January 2011 and within six months the team set the investment pace by concluding the AAF’s first investment in Sierra Leone, West Africa.

The Technical Assistance Facility (TAF) is a grant-based facility that supports capacity building for small and medium sized enterprises (SMEs) invested in by the AAF and its SME sub-fund, the AAF SME Fund, aiming to improve linkages between outgrowers, smallholders and the AAF portfolio companies, enhancing rural financing opportunities in communities where the AAF invests. Ultimately, the project’s sponsors hope to increase local household incomes and food security, laying the foundation for sustainable long-term growth for both our portfolio partner and the community it benefits.

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  1. Pearl Capital Partners.

Pearl Capital Partners is a specialist agriculture investment firm that has been investing in small and medium sized East African agribusinesses since 2006. They derive success from working with ambitious management teams, providing supportive investment structures and specialist expertise that create high-growth agribusinesses.

Their investments strengthen agricultural sub-sectors and use smallholder farmer networks to generate significant income for millions of families across East Africa. The byproduct of this growth is that it creates financial returns for the company and her investors.

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30 Comments

  1. david mugwe

    December 11, 2016 at 5:17 pm

    I would the support

    • Hailu

      February 27, 2018 at 4:03 am

      I need the support

  2. david mugwe

    December 11, 2016 at 5:19 pm

    Please support me. I do need this.

  3. Moses Kandaya

    September 23, 2017 at 12:13 pm

    Dear Sir/Madam,
    I would like to ask for direction of applying fund for Agribusiness (agronomy and livestock)in Malawi.

    Let me know please.

  4. Kennedy

    September 27, 2017 at 8:25 pm

    I would love to be part of your success..

  5. Saeli mwiya

    November 11, 2017 at 1:06 pm

    I have acquired a 20 ha farm where I want to grow rice, guinea fowl and duck production.I want to further process rice husks into fuel briquettes to offer an alternative energy source and address deforestation arising form charcoal burning that robs our planet of the valuable ‘carbon sinks’.I have been a small scale rice farmer for the past 4 years.I need assistance to establish the necessary infra structure and farm equipment. Who can I contact for farm aid?

  6. WHYTSON SAKALA

    November 15, 2017 at 4:27 pm

    Kindly advise how an existing small agribusiness can apply for funding for up scaling and diversifying operations. Thank you

    • Geoffrey

      March 6, 2018 at 8:44 am

      Good day Sir/Madam,
      I desperately need funding for borehole drilling in order to do irrigation farming.kindly help.

  7. Mollen Mwitumwa

    November 18, 2017 at 1:10 pm

    Write to this mail for an application form, once done. we will contact you.

  8. Kajja Ruth

    December 13, 2017 at 9:13 pm

    Hello!!
    Thanks for your great effort and concern, am a female entrepreneur,Ugandan,aged27years interested in goats grazing and poultry with 20 local goats and 30hens.My question is, do you still fund and what are the procedures.
    Thanks!!!

  9. Ibrahim Mzee Ibrahim

    January 1, 2018 at 9:09 am

    Sir a m a small farmer from Tanzania from Tanzania seeking a free tractor to work in my country

  10. omar jaloow

    January 13, 2018 at 12:09 pm

    am from the gambia, 29 years of age,a microbiologist by profession but i left my job this January persue my dream in agribusiness. i started with papaya with but i lack funding which is very big challenge for me though i acquired a 6 hectares land from my father. how can i have funding for my farming ? thanks

  11. Mpilo Dube

    January 28, 2018 at 10:30 pm

    Need funding for an agricultural business that has the capacity to create job opportunities for the rural folks.

  12. Ephraim F. matemu

    January 30, 2018 at 11:22 am

    kindly advise how can I apply for the grants. I am in the field of agriculture for five years now.
    1. i am involved in agriculture (food product)
    2. Forestation

  13. Rachel

    February 1, 2018 at 10:06 pm

    I would like support in my mushroom farming.
    What is required of me???

    Thank you.

  14. Sean Weir

    February 7, 2018 at 7:09 pm

    Require funds to purchase going concern in northern Zambia. Multi cropping forestry/chickens/cattle/game – provides 12% return. plenty water

  15. Abdallah Amir Akodam

    February 11, 2018 at 8:25 am

    Please I would like to ask for direction to apply for fund of agribusiness in Ghana

  16. Olabanji

    February 21, 2018 at 11:20 am

    I would like to get messages for agricultural funding

  17. Harry Samiton

    March 12, 2018 at 11:19 am

    How can i get access to grants form sagribusiness

  18. John Tangatya

    March 24, 2018 at 8:42 pm

    Please kindly l would like to know if you’re supporting grants for farming tractors for small agribusiness.
    Thank you

  19. David Onderi Onderi

    March 28, 2018 at 1:04 pm

    Hi kindly advice how i can apply for funding my agribusiness

  20. David Onderi Onderi

    March 28, 2018 at 1:05 pm

    please

  21. ATUHAIRE JOYCE

    April 5, 2018 at 6:03 pm

    We would like to apply

  22. Solomon Boit

    April 19, 2018 at 11:31 pm

    Am keen to invest in aquaponic farming for both Kenyan market and export to Europe. Need support on funding the initial set up expenses or grants for project

  23. richard

    July 2, 2018 at 10:34 pm

    I real like the effort of making people to move from local kind of agriculture, my side I real want this kind of grant for agriculture, I am having three acres there a possibilities of having more acres if get to do with them in term of grantI want to to agribusiness.! How can I achieve under your help?

  24. Frederic YOULOU

    July 14, 2018 at 5:46 pm

    Hi,
    Dear Sirs,

    We are small group of six people farming in a small village in COngo Rep of and and we need to granted for equipment and seed

    regards,

    Fred Youlou
    Team Leader

    00 242 06 926 09 49

  25. Checha M S

    July 18, 2018 at 6:13 pm

    Looking for fund to develop my piggery projecy

  26. Hamisi Malyunga

    July 23, 2018 at 2:36 pm

    I would like to get access for MAEF opportunity based in Tanzania

  27. Gur Bol

    July 24, 2018 at 1:13 pm

    I would love to be supported by this organization through funding my agricultural proposal in South Sudan.

  28. John Paul kayonza

    August 12, 2018 at 9:53 pm

    How can someone in Uganda have access to the funds.where are your offices.

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