A consortium of development finance institutions launches a dedicated fund for agricultural value chain investments in the DRC.
A new $150 million agribusiness investment fund has been launched targeting the DRC's vast agricultural potential. The fund is backed by a consortium including the IFC, African Development Bank, and several European development finance institutions.
The fund will invest in:
The DRC possesses 80 million hectares of arable land but currently cultivates less than 10%. This presents an enormous opportunity for agricultural development.
The fund targets investments between $2 million and $20 million per project, with expected returns of 15-20% IRR over a 10-year investment horizon.
Priority provinces include Kongo Central, Kwilu, Mai-Ndombe, and South Kivu.
