The Global Supply Chain Support Fund, backed by German lender KfW and Japan’s JICA, plans to inject $250 million (Sh37 billion) into agribusiness and manufacturing across Africa, with Kenya, Nigeria, and Egypt being primary beneficiaries. This initiative aims to help African businesses, particularly family-owned and homegrown ventures, scale up operations through loans rather than equity investments.

• The fund is targeting investments of $250 million (Sh37 billion) across East Africa, West Africa, and North Africa.
• Horizon Group Africa, a spice processor, received a loan and plans to expand its smallholder farmer network from 3,000 to 10,000 and factory jobs from 150 to 500 within five years.
• Loans are preferred over equity investments, with repayment terms typically three to five years, allowing businesses to retain control.