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Growth of agricultural start-ups and SMEs in Africa: Proparco and I&P launch a financing program

24/03/2025
Source : ORISHAS FINANCE
Categories: Sectors

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On 12 March 2025, Proparco, a subsidiary of the French Development Agency (AFD) dedicated to financing the private sector, and the investment fund Investors & Partners (I&P) announced the launch of the I&P Acceleration Farm program.

I&P Acceleration Farm aims to support and accelerate the growth of agricultural start-ups and SMEs in six African countries, including Cameroon, we officially learn. With a budget of 4 million euros (more than 2.6 billion FCFA), the I&P Acceleration Farm program will be deployed by Fako Capital in Cameroon. It is an impact investment fund dedicated to start-ups and SMEs with high growth potential in Cameroon and Central Africa, founded by the Cameroonian Vivian Tchatchueng, a former I&P employee. The beneficiaries will receive financial support ranging between 6.5 and 65 million CFA francs repayable over a period of

36 months.

A en croire les promoteurs du programme, les bénéficiaires auront droit à des “internal technical assistance missions by consortium teams in charge of implementing the program, and external on specific issues (accounting, marketing, technology, law, law, adaptation to climate change) ”. SMEs and start-ups operating “ in the agricultural value chain (primary agriculture, processing, livestock, fish farming), and offering services related to the agricultural sector (agritech)” eligible for this program according to the

promoters.
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