Acumen Resilient Agriculture Fund (ARAF)
- Health, food and water security
- Livelihoods of people and communities
- #2 Zero hunger
Location & People
- Ghana GHA
- Nigeria NGA
- Uganda UGA
- Public / Private
- Project size:
- E&S Risk category:
- Category I1
- Category I2
- Category I3
- Instrument Equity USD
- Instrument Grant USD
- Acumen Equity USD
- Other investors Equity USD
- Other investors Grant USD
Project ownersAccredited Entity
- Access Modality: Direct (Regional)
- Acumen Resilient Agriculture Fund LP
- Acumen Capital Partners, LLC
- Acumen Fund, Inc.
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.
|Approved funding proposal||FP078 - Acumen Fund, Inc - Ghana, Nigeria and Uganda||27 Mar 2018|
|Gender assessment||FP078 - Acumen - Ghana, Nigeria, Uganda||22 May 2018|
|Gender action plan||FP078 - Acumen - Ghana, Nigeria, Uganda||23 May 2018|
- Acumen Fund, Inc. (Acumen) Ms. Lynn Roland Tel: +1 646 747 3955 Ms. Katherine Montgomery Tel: +1 646 747 3955