N3F is an open-ended debt fund designed to invest in small and medium enterprises (SMEs) focused on improving nutrition in Sub-Saharan Africa. Its innovative blended structure combines public and private donor funds to attract capital from private investors.
Incofin Investment Management, alongside the Nutritious Foods Financing Facility (N3F) partners, the Global Alliance for Improved Nutrition (GAIN), USAID, and the Swiss Agency for Development and Cooperation (SDC), announces two new investments to enhance food security and nutrition in Sub-Saharan Africa. These investments, totaling USD 1.55 million, underscore N3F’s active deployment in the region. The fund has invested over USD 4 million within its first year of operation.
Incofin Investment Management announces the first three investments made through the new Nutritious Foods Financing Facility (N3F), launched earlier this year. Each selected company has received debt financing in the range of USD 0.5 million – USD 1 million to scale up their production, increasing their capacity to supply lower-income local households in Sub-Saharan Africa with nutritious food. Further, they will each be supported with tailored technical assistance managed by the Global Alliance for Improved Nutrition (GAIN).
In partnership with the Global Alliance for Improved Nutrition (GAIN) and Incofin Investment Management, the USAID Deputy Administrator Isobel Coleman and Assistant to the Administrator for the Bureau for Resilience and Food Security Dina Esposito announced the $6 million investment, in the Nutritious Foods Financing Facility (N3F).
On 13 September 2021, finance professional Roberta Bove was appointed as Lead of the Nutritious Foods Financing (N3F) programme at the Global Alliance for Improved Nutrition (GAIN). The programme aims to influence investors and existing funds to better support nutritious foods value chains, and to lead by example through a new investment facility that will specifically target nutrition in Africa.
USAID, through Feed the Future, and the Eleanor Crook Foundation (ECF) have announced their intention to support the establishment of the Nutritious Foods Financing Facility (N3F), a first of its kind investment fund that will bolster these critical SMEs and promote well-nourished communities in Sub-Saharan Africa.
GAIN and Incofin Investment Management have announced a new collaboration to take forward the newly established Nutritious Food Financing Facility (N3F) that will equip African SMEs with financing and skills to make nutritious food more available and affordable.
