Flexible Voluntary Contribution (FVC)

Accelerated Agribusiness and Agro-industry Investment Technical Assistance Initiative

Objective

To stimulate investments and enhance the development of private investments in agribusiness and agroindustry and contribute to inclusiveness and poverty reduction.

Status of the project
CLOSED

Major results
  • Two forums were held, the first on Agricultural Investment, and the second on Agricultural Risk Management and Financial Services Innovation.
  • Two conferences were held, the first on “Revolutionizing Finance for Agricultural Value-Chain” and the second on “Propelling Economic Development through Functional Agricultural Value Chain Financing Models”.
  • Two “Agribusiness Investment Promotion” trainings were held as well as an intensive 1-week training-of-trainers course on “Agricultural Value Chain Finance”.
  • One policy note was prepared on access to financial services for agribusinesses in Morocco and presented at the South-South Cooperation Conference held in Marrakech.
  • A total of 6 feasibility studies for the establishment of the Integrated Agri-food Parks and their related Rural Transformation Centres were developed in Ethiopia, in support of the Agricultural Technical Agency of Ethiopia (ATA).
  • In the Cook Islands, new investments were stimulated and seven new agribusiness established through a matching grants facility, which supports the establishment of new agribusinesses.
  • The capacity of 22 risk-management, credit and IT staff of financial institutions from 15 national and regional financial institutions was strengthened to perform risk-management and credit appraisal processes for investments in agriculture and agribusinesses.
  • A 3-days international workshop on “Agri-loan Analysis” was held in Uganda.
  • Two policy studies were developed in Ethiopia: (I) an in-depth study on the impact of the Ethiopian Commodity Exchange on access to financial services for agribusiness suppliers, and (ii) a study on innovative financial services and risk management tools.

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