Alterfin secures funding to bolster investment in small holder farming

GLOBAL – Alterfin, a Belgian social investor targeting has secured funds from AgriFi and BIO amounting to US$7.1 million to enhance investment in smallholder farming in developing countries.  AgriFI, the Agriculture Financing Initiative funded by the EU, and BIO, are reported to have each invested about US$3.55 million in the Belgian social investor. “AgriFI’s senior unsecured loan of €3m should enable Alterfin to grow its portfolio mainly in Africa and Asia, explained Guillaume Simões, AgriFI Investment Officer at EDFI Management Company. Simoes further explained that the investment will allow the…

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