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CommunicationPublished on 21 July 2025

ACELI Africa showcased in IC Forum 2025 on Local Private Sector Support

Access to finance remains among the biggest challenge for most SME’s working in the agriculture and food sector in Africa. Around 60% of the population is working in agriculture, but the sector remains highly underfinanced. In East Africa only 3-4% of the financial sector share goes towards agriculture and the food sector. Supporting local private enterprises with adequate finances and sound technical assistance are keys to achieve the SDGs, especially in a time as conventional development assistance is increasingly questioned. An interesting session was held on this topic during the recent IC Forum 2025, organized by SDC in Switzerland.