IFAD debuts investment in impact fund helping rural SMEs

GLOBAL – The International Fund for Agricultural Development (IFAD) has announced an investment of US$9 million (€8.4 million) into the Agri-Business Capital (ABC) Fund, a blended capital impact fund, in a continuation of its efforts to help small-scale farmers and micro-, small and medium size rural enterprises in developing countries create jobs and increase incomes,   The Swiss Agency for Development and Cooperation also contributed to the investment. It is the first time that IFAD, a specialized United Nations agency and international financial institution, is investing directly into a private sector…

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