Portfolio
Eligibility criteria
To be eligible for FASA funding, an investment fund must:
01
On-the-ground presence
Have a local presence in Africa, i.e. at least one senior investment professional based, or with the intention to be based, in Africa within the fund closing period
02
Investment focus
Be an SME IF that provides initial investment ticket sizes ranging from $50K to $5M
03
Agricultural exposure
Deploy at least 30% of its total investable capital in agri-SMEs in Africa
04
Learning commitment
Commit to participating in FASA’s learning agenda
05
Exclusion compliance
Exclude investments in SMEs who are engaged in any of the activities in the IFC Exclusion List
06
Data room accessibility
Maintain an accessible data room
07
ESG Practices Commitment
Commit to implement FASA’s minimum ESG and impact practices
08
Gender Requirements Alignment
Align with FASA’s gender requirements