Partnership with the Africa Agriculture and Trade Investment Fund (AATIF)
The Africa Agriculture and Trade Investment Fund (AATIF) is an innovative public-private partnership dedicated to realising the potential of Africa’s agricultural production and related manufacturing, service provision and trade through sustainable investments across the entire value chain. AATIF investments foster agricultural value chain enhancement and is complemented through a TA Facility that provides grant funding for projects to strengthen the developmental aspects of individual investments. This TA Facility is managed by the CFC under a service agreement.
AATIF was established in 2012 and thus far the TA Facility develops an average of eleven TA projects per year with project budgets ranging from EUR 6,000 to EUR 500,000. The TA Facility is providing support to investee companies that focus on enhancing direct impact beyond the company itself, specifically targeting lower-income communities. This type of TA support assists AATIF investee companies to create local economic opportunities and employment, for example through the establishment of a smallholder farmer outgrower scheme. The TA Facility also supports investee companies with advisory and technical support that improve business operations and efficiency, as well as capacity development of staff.
Since inception, the CFC, as the AATIF TAF Manager, has developed 116 TA projects in seventeen countries across Africa and Latin America.
Submitting Institution | Africa Agriculture and Trade Investment Fund (AATIF) |
Location | Africa |
Commodity | Miscellaneous |
Total Cost (Target Fund Size) | N/A (Evergreen Fund) |
CFC Financing | USD 2,000,000 (Equity) |
Co-financing | Main other current investors are the EU, KFW and Deutsche Bank. The associated grant based Technical Assistance (TA) Facility is being financed by the German Ministry for Development Cooperation and Economic Development (BMZ). |
Year of Implementation | 2013 |
SDGs