Offer

Investment criteria

Potential candidates need to fulfil a range of conditions:

Measurable impact on smallholders
The project needs to contribute to raise smallholder farmers income and/or employment creation within agri-business medium, small and micro enterprises

Status:
Be a privately owned (more than 50%) company

Activity:
Be active in the agricultural/ forestry value chain integrating smallholders

Sponsors’ commitment:
Skin in the game i.e. sponsors are investing themselves in the projects

Location:
Focus on activities covering Africa, Latin America & Asia (mostly in companies located or proceeds to be used in countries from the DAC list)

Business plan:
Be able to present the company and the project (to be financed) in a comprehensive way, including the financial projections

Track record:
The company/ sponsors must show a credible professional track record, demonstrating strong commitment to date, and a capacity to deliver. AgriFI will mainly focus on existing companies

Financial sustainability:
The company must be able to attain financial sustainability in the midterm (i.e. ultimately able to generate sufficient revenues to support debt service and provide adequate returns to investors under reasonably adverse variations in underlying assumptions)

Monitoring:
Be ready to put in place appropriate monitoring, evaluation and results measurement arrangements to demonstrate the project’s contribution to the achievement of the development goals

Sustainability:
Comply or be ready to comply with international best practices, such as Good Agricultural Practices (GAP) and International Finance Corporation (IFC) Performance Standards 2012.

 

INVESTMENT DECISION

The AgriFI investment process consists of a two-stage investment committee approval, including an in-depth legal, technical, financial and market due diligence, through both desktop study and field visit. The AgriFI Investment Committee includes members of the European DFIs and the European Commission.