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