1 July 2017. Rome. The External Investment Plan and the new opportunities it offers for sustainable investment in agriculture and agribusiness.
This meeting was focused on private investors in African agriculture. The increasing alignment of interests between development assistance (concerned with poverty reduction, nutrition improvements, or job creation) and private investors in agriculture (in search of profit) presents valuable opportunities for cooperation in sustainable agricultural investment. This high-level forum seeks to accelerate such cooperation.
|Leonard Mizzi, Head of Unit, |
Rural Development, Directorate
General for International
Cooperation and Development,
In parallel to greater funding, there will be accompanying efforts to support the preparation of sound investment proposals though technical assistance, as well as a more structured approach to improve the investment climate in the beneficiary countries, in order to improve the likelihood of investment succeeding.
|Roberto Ridolfi at #AIFA17: agriculture in Africa should become a real impact and responsible business|
to launch this discussion by opening the forum with a presentation of the EIP. Access to EU funding is through Development Finance Institutions, who act as lead promoter of investment proposals to blend EU development funds with private investments.
The Forum brought together those who are willing and interested in investing in African agriculture – major European and African companies – as well as those providing the financing to make these investments possible – the financing institutions in both the public and private sector. This represents a key target group for the success of the EIP.
Panel discussion: The External Investment Plan and the new opportunities it offers for sustainable investment in agriculture and agri-business.
- Bernard Giraud, President and Co-Founder of Livelihoods Fund
- Nanno Kleiterp, Chair of European Development Finance Institutions
- Walter Odongo Ogwal, GroFin East Africa Regional Investment Director
- Jean-Luc François, Head of the Agriculture, Rural Development and Biodiversity Division, Agence Française de Développement
- Ann Tutwiler, Director General of Bioversity International
Related: Jacques Diouf 2017 Award. Best Contribution to Global Food Security.The Jacques Diouf award is presented biennially to individuals or national/regional institutions that have made a significant contribution to the improvement of global food security. Established in 2011, this award pays tribute to former FAO Director-General, Dr Jacques Diouf, recognizing his outstanding leadership, personal engagement, and untiring advocacy in the fight against poverty, hunger and malnutrition.
The Jacques Diouf 2017 Award was jointly granted to The International Organization for Migration (IOM) and The Rabobank Foundation.
- The International Organization for Migration (IOM) receives the award for having linked food security to the global debate over migration and development and influencing global development policies.
- The Rabobank Foundation is recognized for their unfaltering technical and financial support to rural producer cooperatives and agribusinesses that have outgrown eligibility for donations and microcredit, but are not yet entitled to standard bank loans.
24 January 2017. The European Union, the International Fund for Agricultural Development and the National Social Security Fund are working together to catalyse investment in the agriculture value chain.
- Yield is a partnership between public and private investors that will offer innovative and tailored financial solutions, using equity, semi-equity and debt, to about 20 Small and Medium-sized Enterprises (SMEs) having the potential to generate both strong financial returns and significant social impact. The Fund will be managed by PCP Uganda who will make investments in the range of €250,000 to €2 million (Ush 958.3 million to Ush 7.7 billion).
- The Fund targets agriculture-related businesses across all value chains including supply of agricultural inputs, production and agro-processing within all sub-sectors, post-harvest storage and distribution, but also peripheral activities such as transportation, communications and certification. The Fund seeks to support businesses with a clear competitive advantage and ambitious local management.
- Setting-up an equity fund for SMEs agribusinesses in Uganda 10/05/2012
- EU, Uganda Collaborates on local agribusiness development 01/09/2014
- Inter-Agency Donor Group (IADG) on pro-poor livestock research and development 23/05/2015 STUDY ON PROMOTING A COMMERCIAL BEEF INDUSTRY IN UGANDA The Delegation of the European Union to Uganda will launch a SME Development Fund (Equity Fund).
- Funds raising capital for African agriculture 17/01/2011
- Boosting smallholder farming in Uganda through agri-tools and technology 29/05/2015