Agribusiness
FMO invests $7.5m in Jacqueline Novogratz’s ARAF impact fund

FMO invests $7.5m in Jacqueline Novogratz’s ARAF impact fund

With its contribution to this New York-based fund, the Dutch development bank aims to support smallholder farmers in sub-Saharan Africa by investing in innovative service companies.

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            ▪ FMO invests $7.5m in Jacqueline Novogratz’s ARAF impact fund

▪ With its contribution to this New York-based fund, the Dutch development bank aims to support smallholder farmers in sub-Saharan Africa by investing in innovative service companies.

http://www.jeuneafriquebusinessplus.com/en/802131/fmo-mise-75-millions-de-dollars-sur-le-fonds-a-impact-araf-de-jacqueline-novogratz/

10/01/2020 at 23h26, by Pierre-Olivier Rouaud, updated 15/01/2020

Netherlands-based development bank FMO has recently committed to invest $7.5m in the Acumen Resilient Agriculture Fund (ARAF).

The fund is focused on developing agribusinesses that can provide climate resilience solutions to smallholder farmers in sub-Saharan Africa.

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