Acumen Resilient Agriculture Fund (ARAF)
Supporting pioneering and early-growth innovative agribusinesses that enhance the climate resilience of smallholder farmers.
Agriculture is a major industry in the target countries, and up to 80 percent of farmland is managed by smallholder farmers who are highly vulnerable to the impacts of climate change. Climate resilience is key to ensuring a long term sustainable increase in agriculture productivity and incomes for smallholder farmers.
The Acumen Resilient Agriculture Fund (ARAF) will improve climate resilience to ensure long-term sustainable increases in agriculture productivity and incomes for smallholder farmers. It will shift the pattern of investment in climate change adaptation activities in Africa from grants to a long-term capital approach, enabling smallholder farmers to respond to climate change more efficiently and effectively. It will support innovative private social entrepreneurs in micro-, small, and medium-sized enterprises (MSMEs) by providing aggregator and digital platform and innovative financial services to smallholder farmers.
The project has an estimated lifespan of 12 years.
- Private sector
- Public sector
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Phone +82 32 458 6157
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Phone +82 32 458 6155
National Designated Authority
Ministry of Finance, Planning and Economic Development
Permanent Secretary/Secretary to the Treasury (PS/ST)
Federal Ministry of Environment
Director, Department of Climate Change
Department of Climate Change, Plot 444, Aguiyi Ironsi Way, Green Building Federal Capital Territory, Abuja, Nigeria, Abuja, Nigeria
Phone +234 813 555 1311
The National Treasury
Senior Policy Advisor, Climate Finance
Treasury Building, Harambee Avenue, P.O Box 30007-00100, Nairobi, Kenya