The Mastercard Foundation Fund for Resilience and Prosperity Agribusiness Challenge Fund

The Agribusiness Challenge Fund targets SMEs in the following 20 Sub-Saharan Africa countries: Kenya, Benin, Burundi, Botswana, Cameroon, Côte d’Ivoire, DRC, Ethiopia, Ghana, Malawi, Mozambique, Nigeria, Rwanda, Senegal, Sierra Leone, South Africa, South Sudan, Tanzania, Uganda and Zambia.

OVERVIEW

The Agribusiness Challenge Fund will provide SMEs with innovative and commercially viable agribusinesses across 20 countries in Sub-Saharan Africa the opportunity to receive support to upscale their businesses in a bid to create sustainable employment opportunities for young people, with particular focus on young women.

BENEFITS

The support from the fund includes; grants ranging from US$ 500,000 to US$ 2,500,000, disbursed over a 3-year period, based on the applicants’ development stage, scalability and business model, in accordance with agreed periodic milestone targets. The funding structure will be determined on a case-by-case basis after evaluating proposals and organizations. Additional support to successful applicants will include tailored technical assistance in alignment with FRP objectives over the 3-year period.

APPLICATION DEADLINE: November 22, 2024

FOR MORE DETAILS, CLICK TO APPLY here