The Lending for African Farming Company (LAFCo) is a new initiative by KfW and AgDevCo and managed by Barak Fund Management
We seek to generate social and economic impact for the African agriculture sector, including direct impact on SMEs and indirect impact on smallholder farmers.
LAFCo is a Mauritius based investment company providing financing facilities in the form of loans to African agricultural businesses that work directly with smallholder farmers.
LAFCo lends to agricultural SMEs that work directly with smallholder farmers, and which have constrained access to working capital. Eligible LAFCo borrowers could include the following:
This list will continue to grow as LAFCo explores opportunities to extend financing in other countries in Sub Saharan Africa. Prospective countries include Burundi, Cameroon, Madagascar, Malawi and Sierra Leone.
LAFCo Annual Impact Report 2022
LAFCo Impact Principles Verification Report 2023
LAFCO Impact Principles Disclosure Statement 2023