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Acumen Resilient Agriculture Fund

Women carries crops in a East African farm

ARAF is the world’s first equity fund designed to build the climate resilience of smallholder farmers.

  • Program
  • Agriculture
  • East Africa
  • West Africa

Although smallholder farmers produce a third of the world’s food, climate change is threatening their livelihoods with devastating impact. A $58 million fund, ARAF invests in early and early-growth stage agribusinesses in Africa, enabling them to anticipate, survive, and bounce back from climate events, resulting in increased yields and incomes.

Focused on East and West Africa, ARAF tackles a critical challenge: building climate resilience for smallholder farmers, who are the backbone of the region’s agriculture yet are highly vulnerable to climate change. Through equity investments and a grant-funded Technical Assistance Facility, ARAF equips smallholder farmers with the tools and knowledge they need to ensure long-term sustainable increases in agriculture productivity and incomes. ARAF is sponsored by Acumen, anchored by the Green Climate Fund, and supported by FMO, the Soros Economic Development Fund, PROPARCO, the Children’s Investment Fund Foundation, Global Social Impact, IKEA Foundation, and others. It is managed by Acumen Capital Partners, a wholly owned subsidiary of Acumen.

More about ARAF

More about Acumen


As the impacts of climate change further threaten farmers’ livelihoods, Acumen’s investments improve productivity, raise incomes, and build climate resilience, enabling a safe and prosperous future.

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Acumen invests across the capital spectrum, from pre-seed to early-stage, while also scaling solutions to problems of poverty.