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UK - Foreign, Commonwealth Development Office (FCDO)

AgDevCo Ventures - targeting early-stage enterprises in the agriculture sector to scale up activities

IATI Identifier: GB-GOV-1-400140

Description

Programme design funds and investment capital for AgDevCo’s Venture Plus initiative which will target early-stage small and medium sized enterprises in the agriculture sector requiring between $1m and $4m to scale-up their activities. AgDevCo is a specialised investor and project developer focused exclusively on early stage agribusiness in Africa. AgDevCo deploys patient capital and technical assistance to build profitable businesses that contribute to food security, drive economic growth and create jobs and income in rural areas and contribute to farmers’ resilience to climate change.


Location

The country, countries or regions that benefit from this Programme.
Developing countries, unspecified, Kenya
Disclaimer: Country borders do not necessarily reflect the UK Government's official position.

Status Implementation

The current stage of the Programme, consistent with the International Aid Transparency Initiative's (IATI) classifications.

Programme Spend

Programme budget and spend to date, as per the amounts loaded in financial system(s), and for which procurement has been finalised.

Participating Organisation(s)

Help with participating organisations

Accountable:Organisation responsible for oversight of the activity

Extending: Organisation that manages the budget on behalf of the funding organisation.

Funding: Organisation which provides funds.

Implementing: Organisations implementing the activity.

Sectors

Sector groups as a percentage of total Programme budget according to the OECD Development Assistance Committee (DAC) classifications.

Budget

A comparison across financial years of forecast budget and spend to date on the Programme.

Policy Marker(s)

ODA measures in relation to their realisation of OECD development policy objectives

Gender Equality significant objective
Aid Targeting the Objectives of the Framework Convention on Climate Change - Adaptation significant objective

Download IATI Data for GB-GOV-1-400140