African Development Bank Group receives $14 million in first funding allocation under Global Agriculture and Food Security Program's new private sector financing window
Cote Dlvoire, Oct. 23 -- The Global Agriculture and Food Security Program (GAFSP) has announced the first allocation from its new private sector financing window to the African Development Bank Group, providing $14 million in de-risking capital that aims to unlock $200 million from the private sector to enhance food security in low-income countries.GAFSP provides financial and technical resources-including grants, blended concessional finance, technical assistance, and advisory services-in the world's poorest countries to support projects across the agriculture value chain.The new window, the Business Investment Financing Track, was launched in 2024 as GAFSP's second-generation private sector financing window. It blends the program's grants...
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