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.

10/01/2020 at 22h26, by Pierre-Olivier Rouaud

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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