What: Launch of Agri-SME Support Program implemented under the Agri-Food SME
Catalytic Financing Mechanism (ACFM) Technical Assistance Window
Who: African Development Bank, Open Capital
When: Thursday, 20 June 2024, 13:00 - 14:30 GMT
Where: Virtual. Register here
The African Development Bank will, on 20th June 2024, launch the Agri-SME Support Program, designed to build a pipeline of investable small and medium enterprises in the agriculture sector across African food systems and facilitate their access to finance.
The Program falls under the Bank's Agri-Food SME Catalytic Financing Mechanism (ACFM) Technical Assistance Window and is implemented by Open Capital, a management consulting and financial advisory firm that drives growth, enables investment, and builds markets across Africa.
The launch event will provide information and answer questions about the Agri-SME Support Program, which will run for two years. Emphasis will also be placed on demonstrating how agri-SMEs can advance gender inclusivity and climate-resilient outcomes.
The Program will operate in over 20 Sub-Saharan African countries, supporting at least 180 agri-SMEs across growth stages, value chains, and business models.
Indicative event agenda:
| Agenda item | Timeline | Institution/Presenter |
| Welcome remarks | 1:00-1:10 p.m. | African Development Bank- Agricultural Finance and Rural Development Department |
| Introduction to the Agri-Food SME Catalytic Financing Mechanism and Technical Assistance Window | 1:10-1:25 p.m. | African Development Bank- Agricultural Finance and Rural Development Department |
| Overview of Open Capital, activities and value proposition | 1:25-1:30 p.m. | Open Capital |
| Overview of the African Development Bank Group and Open Capital's Agri-SME Support Program and collaboration opportunities | 1:30-2:00 p.m. | Open Capital |
| Optional Question & Answers Session | 2:00-2:20 p.m. | Open plenary discussion |
