JICA commits $40 million to boost SMEs in Africa and Asia- Daily Nation, Africa

Small and medium-sized enterprises (SMEs) in Asia and Africa are set to benefit from the Japan International Cooperation Agency (JICA) announced a $40 million investment in Aavishkaar Capital’s Global Supply Chain Support Fund.

The initiative—launched at the Economic Partnership in Indian Ocean – Africa Forum on the sidelines of TICAD 9 in Yokohama—will expand support for businesses that create jobs, strengthen supply chains, and drive positive social and environmental change, particularly in agriculture, food, and manufacturing.

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