International Development Grant

Aceli Agri-SME Market Incentive Facility

Project Number: CA-3-P012106001

Status: Operational

Country/Region: Unknown

Regional Focus:

South of Sahara 100%

Maximum Contribution: $15,000,000.00

Start Date: February 28, 2024

End Date: March 31, 2034

Duration: 10.1 years

Project Description

The Aceli Agri-SME Market Incentive Facility aims to unlock financing for high-impact agricultural small and medium sized enterprises (agri-SMEs). The project provides financial incentives to increase the risk appetite of global and local financial institutions to lend to these businesses which lack access to capital. It also provides technical assistance to expand the ability of high-impact small and medium enterprises (SMEs) to qualify for and manage the financing. Project activities include: (1) offering financing incentives to financial institutions Sub-Sahara Africa; (2) offering an impact bonus to financial institutions that serve borrowers that are inclusive of gender and youth and contribute to food security on the continent; and (3) providing technical assistance for early and growth stage SMES both before and after investment.

Expected Results

The expected outcomes of this project include: (1) improved ability to serve agri-SMEs particularly those that are gender inclusive by the financial institutions supported by Aceli Africa; (2) enhanced capacity of lenders and agri-SMEs to apply good Environmental Social and Governance (ESG) standards and access and manage financing; and (3) improved food security and nutrition gender and youth inclusion and climate smart agricultural practices by high-impact agri-SMEs in Sub-Saharan Africa.

Progress & Results Achieved

Results achieved as of December 2024 include: (1) enabled 1660 loans to agri-SMES in Eastern Africa; (2) mobilized US$132 million in private financing for agricultural SMEs in East Africa; and (3) created market access for 1.2 million smallholder farmers and suppliers and employment for 42 000 full time workers since inception.

Key Information

Executing Agency:
Aceli Africa Inc.

Reporting Organization:
Global Affairs Canada

Program:
YFMInternaAssistPartnershp&Programing Br

Last Modified:
September 19, 2025

Development Classifications

DAC Sector:

Agricultural financial services 100%

Aid Type: Project-type interventions

Collaboration: Bilateral

Finance Type: Aid grant excluding debt reorganisation

Selection Mechanism:
Department-Initiated

Policy Markers
Level 1 Gender equality
Major Funding (>$1M)
Budget Breakdown
2023-04-01 to 2024-03-31 $15,000,000 CAD
Geographic Information
000
Project Number: CA-3-P012106001