AfDB boosts African Agriculture and Nutrition with US$ 10 million Equity Investment in Phatisa Food Fund
PFF2 is a second generation Fund which builds on the success of its predecessor African Agriculture Fund (AAF), sponsored by AfDB along with other DFIs including the French Development Agency (AFD), the International Fund for Agricultural Development (IFAD), and the Spanish Agency for International Cooperation and Development (AECID).
It is projected to cover the entire African continent, with a sharper focus on Sub-Saharan Africa, relying on its presence in South Africa, Kenya, and Zambia, Mauritius and London and a new office opening in Côte d’Ivoire.
Illustration Photo: Workers sorting and packing healthy oranges, destined for export markets in the United States, Europe, Asia and Africa. (credits: Miklos Gaspar / IAEA / Flickr Creative Commons Attribution-NonCommercial-NoDerivs 2.0 Generic (CC BY-NC-ND 2.0))