Acumen Resilient Agriculture Fund II secures $12m from Proparco
The impact investment fund is dedicated to supporting agribusinesses that improve the livelihoods of smallholder farmers.
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Proparco has committed $12 million to the Acumen Resilient Agriculture Fund II (ARAF II). The impact investment fund is dedicated to supporting agribusinesses that improve the livelihoods of smallholder farmers across sub-Saharan Africa, while strengthening climate resilience and food security.
Building on its investment in ARAF I, Proparco is renewing its commitment through ARAF II, reinforcing its position as one of the fund’s principal institutional partners.
Managed by Acumen, ARAF II provides early-stage financing to high-potential companies addressing critical challenges along agricultural value chains. The fund focuses on businesses that improve access to markets, finance, agricultural services and climate-smart solutions for smallholder farmers, helping them adapt to climate change while increasing productivity and incomes.
Through ARAF II, approximately 20 companies are expected to receive financing.
“Building resilient agricultural value chains requires patient capital for innovative businesses that serve smallholder farmers. Through our investment in ARAF II, Proparco is supporting entrepreneurs who are developing practical solutions to strengthen food security, improve farmers’ livelihoods and enhance climate resilience across Africa. This investment fully reflects our ambition to foster a more sustainable, resilient and inclusive economy,” commented Guillaume Barberousse, director of the investment department at Proparco.
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