East African Farmers to Benefit From US$200m Climate Financing

Kenya: Sh25.9bn Climate Fund Launched to Finance Farmers, Rural Businesses

NAIROBI -- Farmers and rural businesses in East Africa are set to access a Sh25.9 billion climate finance fund aimed at helping them invest in measures to cope with the effects of climate change.

East African farmers to benefit from US$200m climate financing

East African farmers and rural businesses are set to gain greater access to climate adaptation finance through a new US$200m mechanism launched by the International Fund for Agricultural Development (IFAD) and Equity Group.

Equity, IFAD target farmers with Sh25.8bn climate financing

According to a statement by IFAD and Equity Group, the loan capital is expected to revolve through four investment cycles, generating about $266 million (Sh34.5 billion) in loans to MSMEs and...

East African farmers to access IFAD-Equity Group $200 million climate adaptation finance

  Twelve-year blended finance mechanism to reach 260,000 smallholder producers and 500 rural enterprises across Kenya, Uganda, Tanzania and Rwanda, with Equity Group matching concessional capital from its own balance sheet.   Kigali, Rwanda | NEWS CORRESPONDENT |  Access to climate adaptation finance remains a significant challenge for smallholder farmers and rural businesses across Africa, with … The post East African farmers to access IFAD-Equ…

Unlocking private sector investment for climate adaptation in East Africa's rural economies - Nordic Development Fund

Structured by the International Fund for Agricultural Development (IFAD) with Equity Bank Kenya and co-financed by NDF, the Green Climate Fund, the Ministry for Foreign Affairs of Finland, the Government of Denmark and the European Union, the blended finance mechanism ARCAFIM has recently been launched. The programme aims to mobilise USD 200 million over a twelve-year implementation period for climate adaptation investments benefitting smallhold…