World Economic Forum reports:

“During COVID-19, The ABC Fund has made two new investments to support smallholder farmers. It provided much-needed loans worth €1.2 million to two small businesses – Anatrans, a cashew nut processor based in Burkina Faso, and Maphlix, a Ghanaian producer and processor of tubers and vegetables.

This financing has enabled both businesses to continue paying farmers and suppliers, as well as purchase equipment to introduce physical distancing measures in their operations. Enabling businesses like these to continue their operations and grow their businesses, even during tough times, is what is needed to help them build financial resilience.”

Read the full article here.