Company Description
Aceli Africa is a market catalyst mobilising over $2 billion in private-sector lending for agricultural SMEs and improving livelihoods for 5 million farmers and workers by 2030. Aceli provides financial incentives to increase the risk appetite of 55+ financial institutions (both global and local) to make loans of USD $10K–$1.5M to high-impact agricultural SMEs, complemented by technical assistance to build lender and SME capacity and by data and learning to strengthen the policy and regulatory environment. Since launching in September 2020, Aceli has mobilised $460M in lending to SMEs, providing market access for 2.3M smallholder farmers across Kenya, Rwanda, Tanzania, Uganda, and Zambia. Aceli Africa has developed partnerships with leading bilateral and philanthropic donors, including the Dutch Ministry of Foreign Affairs, Gates Foundation, Global Affairs Canada, IKEA Foundation, Norwegian Agency for Development Cooperation, Swiss Agency for Development and Coop...