The Agri-Business Capital Fund (ABC Fund) has signed an agreement for a $2 million revolving credit facility to FACTS Advance BV to provide short-term trade finance solutions for SMEs in Kenya and Uganda primarily operating in the agriculture sector.

FACTS has established the Advance Platform as an efficient way to offer short-term supply chain financing to SMEs, agribusinesses and entrepreneurs in Africa. ABC Fund is now one of the most important debt providers to the platform in Keny...