One Acre Fund, a social enterprise empowering smallholder farmers in East Africa, has secured a $1.4 million investment from Impact Bridge Asset Management.
The Spanish investment firm is dedicated to funding businesses that create positive social and environmental impact in developing nations.
Founded in Kenya in 2006, One Acre Fund has been instrumental in improving the lives of millions of farmers by providing access to quality agricultural inputs, training, and financial services.
The organization’s focus on climate-smart farming and reforestation initiatives has contributed significantly to building resilient communities.
The fresh capital injection will bolster One Acre Fund’s efforts to expand its reach and deepen its impact.
The organization aims to serve 10 million farmers across nine African countries by 2030, a goal that aligns with its mission to reduce poverty and enhance food security in the region.
Impact Bridge Asset Management’s investment underscores the growing interest in sustainable and socially responsible investments.
The firm’s commitment to supporting businesses like One Acre Fund highlights the potential for positive change in developing countries.
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