EDFI MC selects COLEAD to provide technical assistance through the AGRIFI facility

EDFI MC selects COLEAD to provide technical assistance through the AGRIFI facility

We are thrilled to announce that COLEAD has been awarded by EDFI Management Company (EDFI MC) with the Technical Assistance Consultancy Services on the AGRIFI Facility, after an open tender procedure initiated in November 2023.

This framework contract marks a significant achievement and milestone for the organisation where COLEAD will leverage its extensive experience and broad network of expertise to deliver high-quality technical assistance to private sector enterprises active in the agri-food value chain in low and low-middle income countries, amongst which member countries of the Organisation of ACP States (OACPS).

This award is a testament to the hard work and dedication of the entire COLEAD team. We look forward to collaborating closely with EDFI MC to deliver impactful results. Stay tuned for further updates as we embark on this exciting new project.

About EDFI Management Company

EDFI Management Company is a leading institution that manages development finance initiatives, particularly focused on providing support and expertise to foster sustainable development. EDFI MC collaborates with European Development Finance Institutions to enhance the impact of development finance, ensuring that projects are effectively managed and achieve their intended outcomes.

The EDFI Management Company is registered as a legal entity under the laws of Belgium. Since May 2021, EDFI MC is owned directly by nine European DFIs (BIO – Belgium, Cofides – Spain, DEG – Germany, Finnfund – Finland, FMO – Netherlands, IFU – Denmark, OeEB – Autria, Proparco – France, Swedfund – Sweden) and the EDFI Association in equal shares.

About the AgriFI Facility

Launched in 2018, the Agriculture Financing Initiative (AgriFI) Facility is an innovative EU-funded blending financing instrument with a mandate to provide medium to long-term financing to private sector enterprises active in the agri-food value chain with a focus on smallholder farmers. It aims at supporting the “missing middle” companies focused on agriculture that need financing to grow but have difficulty obtaining financing from local commercial banks and international investors. The facility targets existing private sector enterprises working with smallholder farmers on financially, environmentally and socially sustainable projects with potential to scale.