{"id":28308,"date":"2021-05-05T16:10:46","date_gmt":"2021-05-05T16:10:46","guid":{"rendered":"https:\/\/www.africa-press.net\/tanzania\/?p=28308"},"modified":"2021-05-05T15:38:35","modified_gmt":"2021-05-05T15:38:35","slug":"agra-aceli-partner-to-enhance-financing-of-agri-smes","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/tanzania\/all-news\/agra-aceli-partner-to-enhance-financing-of-agri-smes","title":{"rendered":"AGRA, Aceli partner to enhance financing of Agri SMEs"},"content":{"rendered":"

Africa-Press<\/a> – Tanzania<\/a>. <\/strong><\/span>The Alliance for a Green Revolution in Africa (AGRA) has partnered with Aceli Africa to enhance capital flows to African agribusiness small and medium-sized enterprises (SMEs) as well as support a financially inclusive agricultural transformation across Africa.<\/p>\n

AGRA and Aceli have signed a letter of intent committing to jointly work together to test and scale-up innovations that substantially drive down the cost and risk of financing SMEs in the agriculture space.<\/p>\n

Aceli Africa is a market incentive facility that offers financial incentives to mitigate risk and compensate lenders for the transaction costs of serving high-impact agricultural SMEs.<\/p>\n

A statement issued to the media said the organization plans to support its 25 lending partners in mobilizing 700 million US dollars in financing for agri-SMEs by 2025, with a focus on gender inclusive, improving food security, and practising climate smart agriculture.<\/p>\n

Vice President Strategic Partnerships with AGRA, Ms Vanessa Adams said AGRA firmly believes that it is vital to unlock the potential of SMEs for agricultural transformation across Africa.<\/p>\n

\u201cThis partnership with Aceli is a step in this direction, as the increased capital flows and technical assistance will enable the SMEs to unleash their potential and offer better services to smallholder farmers,\u201d she said.<\/p>\n

Ms Adams further said the partnership will also work on implementing digital solutions to make financial record keeping and reporting more efficient and reliable which will improve the bankability of the SMEs.<\/p>\n

Aceli Africa CEO, Mr Brian Milder said their organization shares AGRA\u2019s vision for an inclusive and sustainable agricultural transformation that creates economic opportunities, build a resilient regional food system, and stewards the natural environment.<\/p>\n

\u201cAchieving this vision is only possible if we can unlock the growth and impact potential of agricultural SMEs. \u201cBuilding on AGRA\u2019s leading role as a convener and advocate and Aceli\u2019s data driven approach to mobilizing private-sector lending, together we can address the long standing barriers that limit the flow of capital to agricultural SMEs,\u201d said Mr Midler.<\/p>\n

AGRA and Aceli will partner specifically in promoting innovations that address the barriers to capital flowing to agricultural SMEs at scale.<\/p>\n

\u201cWith today\u2019s announcement, AGRA and Aceli Africa also announce the first call for an Innovation Challenge for sustainable, scalable, and innovative business development solutions to improve the quality of financial statements among agricultural SMEs,\u201d he added.<\/p>\n

AGRA Head of Innovative Finance, Ms Hedwig Siewertsen said they want agricultural SMEs to grow, and for that growth access to finance is key.<\/p>\n

\u201cOur partnership with Aceli Africa seeks to address the root cause of the lesser return on Agri SME finance by investing in innovations that reduce the cost and risk of financing smaller SMEs,\u201d said Siewertsen.<\/p>\n

Established in 2006, AGRA is an African-led and Africa-based institution that puts smallholder farmers at the centre of the continent\u2019s growing economy by transforming agriculture from a solitary struggle to survive into farming as a business that thrives, while Aceli Africa is a market incentive facility that unlocks capital for agricultural SMEs in East Africa.<\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Tanzania. The Alliance for a Green Revolution in Africa (AGRA) has partnered with Aceli Africa to enhance capital flows to African agribusiness small and medium-sized enterprises (SMEs) as well as support a financially inclusive agricultural transformation across Africa. AGRA and Aceli have signed a letter of intent committing to jointly work together to […]<\/p>\n","protected":false},"author":84,"featured_media":28307,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5,8,16],"tags":[6990,6991,711],"class_list":["post-28308","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","category-homepage-english","category-twitter","tag-africa-press-2","tag-africa-press-tanzania","tag-tanzania"],"yoast_head":"\nAGRA, Aceli partner to enhance financing of Agri SMEs - Tanzania<\/title>\n<meta name=\"description\" content=\"The Alliance for a Green Revolution in Africa (AGRA) has partnered with Aceli Africa to enhance capital flows to African ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/tanzania\/all-news\/agra-aceli-partner-to-enhance-financing-of-agri-smes\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"AGRA, Aceli partner to enhance financing of Agri SMEs\" \/>\n<meta property=\"og:description\" content=\"The Alliance for a Green Revolution in Africa (AGRA) has partnered with Aceli Africa to enhance capital flows to African ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/tanzania\/all-news\/agra-aceli-partner-to-enhance-financing-of-agri-smes\" \/>\n<meta property=\"og:site_name\" content=\"Tanzania\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2021-05-05T16:10:46+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/tanzania\/sites\/17\/2021\/05\/img-6092bbb3ec944.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1024\" \/>\n\t<meta property=\"og:image:height\" content=\"554\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/tanzania\/all-news\/agra-aceli-partner-to-enhance-financing-of-agri-smes#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/tanzania\/all-news\/agra-aceli-partner-to-enhance-financing-of-agri-smes\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/tanzania\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"AGRA, Aceli partner to enhance financing of Agri SMEs\",\"datePublished\":\"2021-05-05T16:10:46+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/tanzania\/all-news\/agra-aceli-partner-to-enhance-financing-of-agri-smes\"},\"wordCount\":509,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/tanzania\/all-news\/agra-aceli-partner-to-enhance-financing-of-agri-smes#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/tanzania\/sites\/17\/2021\/05\/img-6092bbb3ec944.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Tanzania\",\"tanzania\"],\"articleSection\":[\"all news\",\"Economy\",\"homepage-english\",\"twitter\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/tanzania\/all-news\/agra-aceli-partner-to-enhance-financing-of-agri-smes#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/tanzania\/all-news\/agra-aceli-partner-to-enhance-financing-of-agri-smes\",\"url\":\"https:\/\/www.africa-press.net\/tanzania\/all-news\/agra-aceli-partner-to-enhance-financing-of-agri-smes\",\"name\":\"AGRA, Aceli partner to enhance financing of Agri SMEs - Tanzania\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/tanzania\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/tanzania\/all-news\/agra-aceli-partner-to-enhance-financing-of-agri-smes#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/tanzania\/all-news\/agra-aceli-partner-to-enhance-financing-of-agri-smes#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/tanzania\/sites\/17\/2021\/05\/img-6092bbb3ec944.jpg\",\"datePublished\":\"2021-05-05T16:10:46+00:00\",\"author\":{\"@id\":\"https:\/\/www.africa-press.net\/tanzania\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"description\":\"The Alliance for a Green Revolution in Africa (AGRA) has partnered with Aceli Africa to enhance capital flows to African ...\",\"breadcrumb\":{\"@id\":\"https:\/\/www.africa-press.net\/tanzania\/all-news\/agra-aceli-partner-to-enhance-financing-of-agri-smes#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.africa-press.net\/tanzania\/all-news\/agra-aceli-partner-to-enhance-financing-of-agri-smes\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.africa-press.net\/tanzania\/all-news\/agra-aceli-partner-to-enhance-financing-of-agri-smes#primaryimage\",\"url\":\"https:\/\/static.africa-press.net\/tanzania\/sites\/17\/2021\/05\/img-6092bbb3ec944.jpg\",\"contentUrl\":\"https:\/\/static.africa-press.net\/tanzania\/sites\/17\/2021\/05\/img-6092bbb3ec944.jpg\",\"width\":1024,\"height\":554,\"caption\":\"AGRA, Aceli partner to enhance financing of Agri SMEs\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.africa-press.net\/tanzania\/all-news\/agra-aceli-partner-to-enhance-financing-of-agri-smes#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.africa-press.net\/tanzania\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"AGRA, Aceli partner to enhance financing of Agri SMEs\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.africa-press.net\/tanzania\/#website\",\"url\":\"https:\/\/www.africa-press.net\/tanzania\/\",\"name\":\"Tanzania\",\"description\":\"Just another Africa News Agency Sites site\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.africa-press.net\/tanzania\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.africa-press.net\/tanzania\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\",\"name\":\"cfeditoren\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.africa-press.net\/tanzania\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/7417380fa9e23b5c57fdbfdaf3fdf92ee478f759a084addda5faa3732853e74a?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/7417380fa9e23b5c57fdbfdaf3fdf92ee478f759a084addda5faa3732853e74a?s=96&d=mm&r=g\",\"caption\":\"cfeditoren\"}}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"AGRA, Aceli partner to enhance financing of Agri SMEs - Tanzania","description":"The Alliance for a Green Revolution in Africa (AGRA) has partnered with Aceli Africa to enhance capital flows to African ...","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.africa-press.net\/tanzania\/all-news\/agra-aceli-partner-to-enhance-financing-of-agri-smes","og_locale":"en_US","og_type":"article","og_title":"AGRA, Aceli partner to enhance financing of Agri SMEs","og_description":"The Alliance for a Green Revolution in Africa (AGRA) has partnered with Aceli Africa to enhance capital flows to African ...","og_url":"https:\/\/www.africa-press.net\/tanzania\/all-news\/agra-aceli-partner-to-enhance-financing-of-agri-smes","og_site_name":"Tanzania","article_publisher":"https:\/\/www.facebook.com\/AfricaPressTunisiaa","article_published_time":"2021-05-05T16:10:46+00:00","og_image":[{"width":1024,"height":554,"url":"https:\/\/static.africa-press.net\/tanzania\/sites\/17\/2021\/05\/img-6092bbb3ec944.jpg","type":"image\/jpeg"}],"author":"cfeditoren","twitter_card":"summary_large_image","twitter_misc":{"Written by":"cfeditoren","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.africa-press.net\/tanzania\/all-news\/agra-aceli-partner-to-enhance-financing-of-agri-smes#article","isPartOf":{"@id":"https:\/\/www.africa-press.net\/tanzania\/all-news\/agra-aceli-partner-to-enhance-financing-of-agri-smes"},"author":{"name":"cfeditoren","@id":"https:\/\/www.africa-press.net\/tanzania\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb"},"headline":"AGRA, Aceli partner to enhance financing of Agri SMEs","datePublished":"2021-05-05T16:10:46+00:00","mainEntityOfPage":{"@id":"https:\/\/www.africa-press.net\/tanzania\/all-news\/agra-aceli-partner-to-enhance-financing-of-agri-smes"},"wordCount":509,"commentCount":0,"image":{"@id":"https:\/\/www.africa-press.net\/tanzania\/all-news\/agra-aceli-partner-to-enhance-financing-of-agri-smes#primaryimage"},"thumbnailUrl":"https:\/\/static.africa-press.net\/tanzania\/sites\/17\/2021\/05\/img-6092bbb3ec944.jpg","keywords":["Africa Press","Africa Press-Tanzania","tanzania"],"articleSection":["all news","Economy","homepage-english","twitter"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.africa-press.net\/tanzania\/all-news\/agra-aceli-partner-to-enhance-financing-of-agri-smes#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.africa-press.net\/tanzania\/all-news\/agra-aceli-partner-to-enhance-financing-of-agri-smes","url":"https:\/\/www.africa-press.net\/tanzania\/all-news\/agra-aceli-partner-to-enhance-financing-of-agri-smes","name":"AGRA, Aceli partner to enhance financing of Agri SMEs - Tanzania","isPartOf":{"@id":"https:\/\/www.africa-press.net\/tanzania\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.africa-press.net\/tanzania\/all-news\/agra-aceli-partner-to-enhance-financing-of-agri-smes#primaryimage"},"image":{"@id":"https:\/\/www.africa-press.net\/tanzania\/all-news\/agra-aceli-partner-to-enhance-financing-of-agri-smes#primaryimage"},"thumbnailUrl":"https:\/\/static.africa-press.net\/tanzania\/sites\/17\/2021\/05\/img-6092bbb3ec944.jpg","datePublished":"2021-05-05T16:10:46+00:00","author":{"@id":"https:\/\/www.africa-press.net\/tanzania\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb"},"description":"The Alliance for a Green Revolution in Africa (AGRA) has partnered with Aceli Africa to enhance capital flows to African ...","breadcrumb":{"@id":"https:\/\/www.africa-press.net\/tanzania\/all-news\/agra-aceli-partner-to-enhance-financing-of-agri-smes#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.africa-press.net\/tanzania\/all-news\/agra-aceli-partner-to-enhance-financing-of-agri-smes"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.africa-press.net\/tanzania\/all-news\/agra-aceli-partner-to-enhance-financing-of-agri-smes#primaryimage","url":"https:\/\/static.africa-press.net\/tanzania\/sites\/17\/2021\/05\/img-6092bbb3ec944.jpg","contentUrl":"https:\/\/static.africa-press.net\/tanzania\/sites\/17\/2021\/05\/img-6092bbb3ec944.jpg","width":1024,"height":554,"caption":"AGRA, Aceli partner to enhance financing of Agri SMEs"},{"@type":"BreadcrumbList","@id":"https:\/\/www.africa-press.net\/tanzania\/all-news\/agra-aceli-partner-to-enhance-financing-of-agri-smes#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.africa-press.net\/tanzania\/"},{"@type":"ListItem","position":2,"name":"AGRA, Aceli partner to enhance financing of Agri SMEs"}]},{"@type":"WebSite","@id":"https:\/\/www.africa-press.net\/tanzania\/#website","url":"https:\/\/www.africa-press.net\/tanzania\/","name":"Tanzania","description":"Just another Africa News Agency Sites site","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.africa-press.net\/tanzania\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.africa-press.net\/tanzania\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb","name":"cfeditoren","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.africa-press.net\/tanzania\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/7417380fa9e23b5c57fdbfdaf3fdf92ee478f759a084addda5faa3732853e74a?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/7417380fa9e23b5c57fdbfdaf3fdf92ee478f759a084addda5faa3732853e74a?s=96&d=mm&r=g","caption":"cfeditoren"}}]}},"_links":{"self":[{"href":"https:\/\/www.africa-press.net\/tanzania\/wp-json\/wp\/v2\/posts\/28308","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.africa-press.net\/tanzania\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.africa-press.net\/tanzania\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.africa-press.net\/tanzania\/wp-json\/wp\/v2\/users\/84"}],"replies":[{"embeddable":true,"href":"https:\/\/www.africa-press.net\/tanzania\/wp-json\/wp\/v2\/comments?post=28308"}],"version-history":[{"count":0,"href":"https:\/\/www.africa-press.net\/tanzania\/wp-json\/wp\/v2\/posts\/28308\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.africa-press.net\/tanzania\/wp-json\/wp\/v2\/media\/28307"}],"wp:attachment":[{"href":"https:\/\/www.africa-press.net\/tanzania\/wp-json\/wp\/v2\/media?parent=28308"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.africa-press.net\/tanzania\/wp-json\/wp\/v2\/categories?post=28308"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.africa-press.net\/tanzania\/wp-json\/wp\/v2\/tags?post=28308"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}