Agriculture Fast Track (AFT) Fund #42431
Created at
2020-06-03
Last update
2020-06-03
General info
Name
Agriculture Fast Track (AFT) Fund
Classification
Investment fund
Investor homepage
Comment
The Agriculture Fast Track (AFT) Fund is facilitating investments in agricultural infrastructure in Africa by lowering project preparation costs for AFT Grant Recipients. The AFT Fund is a multi-donor trust fund managed by the African Development Bank with funding support from the US government represented by USAID (US$ 14.024 million), the Danish Government represented by DANIDA (US$ 1.823 million) and the Swedish Government represented by SIDA (US$ 7.837 million). It was launched on 8 May 2013 with initial funding amounting to US$ 23.684 million. The AFT is housed at the Agriculture & Agro-Industry Department (AHAI) of the African Development Bank.