IDH brings together over 600 companies and governments to drive new sustainable production and trade models in emerging economies. Reaching over 4 M farmers in 30 countries. Watch the video:
Major companies say it is time for a new chapter in sustainable trade for Africa. In a letter published in Dutch newspaper Het Financieele Dagblad, representatives of more than 30 companies operating internationally call on the business community to drive collaboration with Africa forward. As a result of COVID-19, exports of products by African farmers, growers and companies to Europe have plummeted. The companies that signed the letter are committed to keeping the African business community afloat. However, there is a need to broaden the scope of collaboration. How?
IDH Farmfit is a game changing private-public initiative to break the cycle of rural poverty. By providing data, insights and de-risking finance to banks and businesses, IDH Farmfit unlocks investment in smallholder agriculture that are now perceived too risky.
The 30M EUR IDH Farmfit Business Support is funded by the UK Department for International Development and the Bill & Melinda Gates Foundation. The 100M EUR IDH Farmfit Fund is backed by the Dutch government. multiple companies and a US treasury guarantee.
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