{"id":3836,"date":"2026-07-20T15:22:02","date_gmt":"2026-07-20T13:22:02","guid":{"rendered":"https:\/\/www.fasafund.com\/project\/araf-ii\/"},"modified":"2026-09-24T10:23:11","modified_gmt":"2026-09-24T08:23:11","slug":"araf-ii","status":"publish","type":"project","link":"https:\/\/www.fasafund.com\/fr\/project\/araf-ii\/","title":{"rendered":"ARAF II"},"content":{"rendered":"<p>[et_pb_section fb_built=\u00a0\u00bb1&Prime; custom_padding_last_edited=\u00a0\u00bbon|desktop\u00a0\u00bb _builder_version=\u00a0\u00bb4.27.4&Prime; _module_preset=\u00a0\u00bbdefault\u00a0\u00bb custom_padding=\u00a0\u00bb220px|6vw|3px|6vw|false|true\u00a0\u00bb custom_padding_tablet=\u00a0\u00bb130px||0px||false|true\u00a0\u00bb custom_padding_phone=\u00a0\u00bb112px|6vw|0px|6vw|false|true\u00a0\u00bb da_disable_devices=\u00a0\u00bboff|off|off\u00a0\u00bb global_colors_info=\u00a0\u00bb{}\u00a0\u00bb da_is_popup=\u00a0\u00bboff\u00a0\u00bb da_exit_intent=\u00a0\u00bboff\u00a0\u00bb da_has_close=\u00a0\u00bbon\u00a0\u00bb da_alt_close=\u00a0\u00bboff\u00a0\u00bb da_dark_close=\u00a0\u00bboff\u00a0\u00bb da_not_modal=\u00a0\u00bbon\u00a0\u00bb da_is_singular=\u00a0\u00bboff\u00a0\u00bb da_with_loader=\u00a0\u00bboff\u00a0\u00bb da_has_shadow=\u00a0\u00bbon\u00a0\u00bb][et_pb_row _builder_version=\u00a0\u00bb4.27.5&Prime; 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header_font=\u00a0\u00bbWorkSans-Medium||||||||\u00a0\u00bb header_font_size=\u00a0\u00bb14px\u00a0\u00bb hover_enabled=\u00a0\u00bb0&Prime; custom_css_free_form=\u00a0\u00bbselector .dsm_card_wrapper {||  padding: 0;||  display: flex;||  justify-content: flex-start !important;||  align-items: center !important;||}||||selector .dsm_card_description {||  padding-left:5px;||}||||selector .dsm_card_title {||  padding:0 !important;||}\u00a0\u00bb global_colors_info=\u00a0\u00bb{}\u00a0\u00bb sticky_enabled=\u00a0\u00bb0&Prime;]<\/p>\n<p>Afrique de l&rsquo;Est, Ouest, Nord<\/p>\n<p>[\/dsm_card][dsm_card title=\u00a0\u00bbAsset class :\u00a0\u00bb image_as_background=\u00a0\u00bboff\u00a0\u00bb content_padding=\u00a0\u00bb0px|0px|10px|0px|false|true\u00a0\u00bb button_url_new_window=\u00a0\u00bb1&Prime; _builder_version=\u00a0\u00bb4.27.6&Prime; _module_preset=\u00a0\u00bbdefault\u00a0\u00bb header_level=\u00a0\u00bbh6&Prime; header_font=\u00a0\u00bbWorkSans-Medium||||||||\u00a0\u00bb header_font_size=\u00a0\u00bb14px\u00a0\u00bb custom_css_free_form=\u00a0\u00bbselector .dsm_card_wrapper {||  padding: 0;||  display: flex;||  justify-content: flex-start !important;||  align-items: center !important;||}||||selector .dsm_card_description {||  padding-left:5px;||}||||selector .dsm_card_title {||  padding:0 !important;||}\u00a0\u00bb global_colors_info=\u00a0\u00bb{}\u00a0\u00bb]<\/p>\n<p>Growth SME<\/p>\n<p>[\/dsm_card][dsm_card title=\u00a0\u00bbAnn\u00e9e de cr\u00e9ation :\u00a0\u00bb image_as_background=\u00a0\u00bboff\u00a0\u00bb content_padding=\u00a0\u00bb0px|0px|10px|0px|false|true\u00a0\u00bb button_url_new_window=\u00a0\u00bb1&Prime; _builder_version=\u00a0\u00bb4.27.8&Prime; _module_preset=\u00a0\u00bbdefault\u00a0\u00bb header_level=\u00a0\u00bbh6&Prime; header_font=\u00a0\u00bbWorkSans-Medium||||||||\u00a0\u00bb header_font_size=\u00a0\u00bb14px\u00a0\u00bb hover_enabled=\u00a0\u00bb0&Prime; custom_css_free_form=\u00a0\u00bbselector .dsm_card_wrapper {||  padding: 0;||  display: flex;||  justify-content: flex-start !important;||  align-items: center !important;||}||||selector .dsm_card_description {||  padding-left:5px;||}||||selector .dsm_card_title {||  padding:0 !important;||}\u00a0\u00bb global_colors_info=\u00a0\u00bb{}\u00a0\u00bb sticky_enabled=\u00a0\u00bb0&Prime;]<\/p>\n<p>2026<\/p>\n<p>[\/dsm_card][dsm_card title=\u00a0\u00bbAnn\u00e9e investissement FASA :\u00a0\u00bb image_as_background=\u00a0\u00bboff\u00a0\u00bb content_padding=\u00a0\u00bb0px|0px|10px|0px|false|true\u00a0\u00bb button_url_new_window=\u00a0\u00bb1&Prime; _builder_version=\u00a0\u00bb4.27.8&Prime; _module_preset=\u00a0\u00bbdefault\u00a0\u00bb header_level=\u00a0\u00bbh6&Prime; header_font=\u00a0\u00bbWorkSans-Medium||||||||\u00a0\u00bb header_font_size=\u00a0\u00bb14px\u00a0\u00bb hover_enabled=\u00a0\u00bb0&Prime; custom_css_free_form=\u00a0\u00bbselector .dsm_card_wrapper {||  padding: 0;||  display: flex;||  justify-content: flex-start !important;||  align-items: center !important;||}||||selector .dsm_card_description {||  padding-left:5px;||}||||selector .dsm_card_title {||  padding:0 !important;||}\u00a0\u00bb global_colors_info=\u00a0\u00bb{}\u00a0\u00bb sticky_enabled=\u00a0\u00bb0&Prime;]<\/p>\n<p>2026<\/p>\n<p>[\/dsm_card][dsm_card title=\u00a0\u00bbTarget close :\u00a0\u00bb image_as_background=\u00a0\u00bboff\u00a0\u00bb content_padding=\u00a0\u00bb0px|0px|10px|0px|false|true\u00a0\u00bb button_url_new_window=\u00a0\u00bb1&Prime; _builder_version=\u00a0\u00bb4.27.6&Prime; _module_preset=\u00a0\u00bbdefault\u00a0\u00bb header_level=\u00a0\u00bbh6&Prime; header_font=\u00a0\u00bbWorkSans-Medium||||||||\u00a0\u00bb header_font_size=\u00a0\u00bb14px\u00a0\u00bb custom_css_free_form=\u00a0\u00bbselector .dsm_card_wrapper {||  padding: 0;||  display: flex;||  justify-content: flex-start !important;||  align-items: center !important;||}||||selector .dsm_card_description {||  padding-left:5px;||}||||selector .dsm_card_title {||  padding:0 !important;||}\u00a0\u00bb global_colors_info=\u00a0\u00bb{}\u00a0\u00bb]<\/p>\n<p>$120M<\/p>\n<p>[\/dsm_card][dsm_card title=\u00a0\u00bbTarget portfolio :\u00a0\u00bb image_as_background=\u00a0\u00bboff\u00a0\u00bb content_padding=\u00a0\u00bb0px|0px|10px|0px|false|true\u00a0\u00bb button_url_new_window=\u00a0\u00bb1&Prime; _builder_version=\u00a0\u00bb4.27.6&Prime; _module_preset=\u00a0\u00bbdefault\u00a0\u00bb header_level=\u00a0\u00bbh6&Prime; header_font=\u00a0\u00bbWorkSans-Medium||||||||\u00a0\u00bb header_font_size=\u00a0\u00bb14px\u00a0\u00bb custom_css_free_form=\u00a0\u00bbselector .dsm_card_wrapper {||  padding: 0;||  display: flex;||  justify-content: flex-start !important;||  align-items: center !important;||}||||selector .dsm_card_description {||  padding-left:5px;||}||||selector .dsm_card_title {||  padding:0 !important;||}\u00a0\u00bb global_colors_info=\u00a0\u00bb{}\u00a0\u00bb]<\/p>\n<p>20 agri-SMEs<\/p>\n<p>[\/dsm_card][dsm_card title=\u00a0\u00bbInvestment ticket sizes :\u00a0\u00bb image_as_background=\u00a0\u00bboff\u00a0\u00bb content_padding=\u00a0\u00bb0px|0px|10px|0px|false|true\u00a0\u00bb button_url_new_window=\u00a0\u00bb1&Prime; _builder_version=\u00a0\u00bb4.27.6&Prime; _module_preset=\u00a0\u00bbdefault\u00a0\u00bb header_level=\u00a0\u00bbh6&Prime; header_font=\u00a0\u00bbWorkSans-Medium||||||||\u00a0\u00bb header_font_size=\u00a0\u00bb14px\u00a0\u00bb hover_enabled=\u00a0\u00bb0&Prime; custom_css_free_form=\u00a0\u00bbselector .dsm_card_wrapper {||  padding: 0;||  display: flex;||  justify-content: flex-start !important;||  align-items: center !important;||}||||selector .dsm_card_description {||  padding-left:5px;||}||||selector .dsm_card_title {||  padding:0 !important;||}\u00a0\u00bb global_colors_info=\u00a0\u00bb{}\u00a0\u00bb sticky_enabled=\u00a0\u00bb0&Prime;]<\/p>\n<p>from $500k to $5M<\/p>\n<p>[\/dsm_card][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=\u00a0\u00bb1&Prime; _builder_version=\u00a0\u00bb4.27.5&Prime; _module_preset=\u00a0\u00bbdefault\u00a0\u00bb custom_margin=\u00a0\u00bb||-77px|||\u00a0\u00bb custom_padding=\u00a0\u00bb9px|6vw|60px|6vw|false|true\u00a0\u00bb da_disable_devices=\u00a0\u00bboff|off|off\u00a0\u00bb locked=\u00a0\u00bboff\u00a0\u00bb global_colors_info=\u00a0\u00bb{}\u00a0\u00bb da_is_popup=\u00a0\u00bboff\u00a0\u00bb da_exit_intent=\u00a0\u00bboff\u00a0\u00bb da_has_close=\u00a0\u00bbon\u00a0\u00bb da_alt_close=\u00a0\u00bboff\u00a0\u00bb da_dark_close=\u00a0\u00bboff\u00a0\u00bb da_not_modal=\u00a0\u00bbon\u00a0\u00bb da_is_singular=\u00a0\u00bboff\u00a0\u00bb da_with_loader=\u00a0\u00bboff\u00a0\u00bb da_has_shadow=\u00a0\u00bbon\u00a0\u00bb][et_pb_row _builder_version=\u00a0\u00bb4.27.6&Prime; _module_preset=\u00a0\u00bbdefault\u00a0\u00bb animation_direction=\u00a0\u00bbbottom\u00a0\u00bb global_colors_info=\u00a0\u00bb{}\u00a0\u00bb][et_pb_column type=\u00a0\u00bb4_4&Prime; _builder_version=\u00a0\u00bb4.27.5&Prime; _module_preset=\u00a0\u00bbdefault\u00a0\u00bb hover_enabled=\u00a0\u00bb0&Prime; global_colors_info=\u00a0\u00bb{}\u00a0\u00bb sticky_enabled=\u00a0\u00bb0&Prime;][et_pb_text module_class=\u00a0\u00bbh5-size custom_titless\u00a0\u00bb _builder_version=\u00a0\u00bb4.27.8&Prime; _module_preset=\u00a0\u00bbdefault\u00a0\u00bb text_line_height=\u00a0\u00bb0.4em\u00a0\u00bb header_2_line_height=\u00a0\u00bb0.7em\u00a0\u00bb background_color=\u00a0\u00bbgcid-9e88aadb-4abc-4e40-9838-1e66cd9a7196&Prime; text_orientation=\u00a0\u00bbcenter\u00a0\u00bb background_layout=\u00a0\u00bbdark\u00a0\u00bb custom_padding=\u00a0\u00bb12px|40px|12px|40px|true|true\u00a0\u00bb hover_enabled=\u00a0\u00bb0&Prime; custom_css_free_form=\u00a0\u00bb.et-db #et-boc .et-l selector {||  width:fit-content;||  min-width:300px;||}||||.et-db #et-boc .et-l selector.h5-size .et_pb_text_inner h2 {||  line-height:1em !important;||  padding:0 !important;||}||||@media screen and (max-width:600px) {||  .et-db #et-boc .et-l selector {||    min-width:auto;||  }||||}\u00a0\u00bb border_radii=\u00a0\u00bbon|90px|90px|90px|90px\u00a0\u00bb global_colors_info=\u00a0\u00bb{%22gcid-secondary-color%22:%91%22link_text_color%22,%22link_text_color%22%93,%22gcid-9e88aadb-4abc-4e40-9838-1e66cd9a7196%22:%91%22background_color%22%93}\u00a0\u00bb sticky_enabled=\u00a0\u00bb0&Prime;]<\/p>\n<h2>\u00c0 propos du fonds<\/h2>\n<p>[\/et_pb_text][et_pb_text _builder_version=\u00a0\u00bb4.27.8&Prime; _module_preset=\u00a0\u00bbdefault\u00a0\u00bb module_alignment=\u00a0\u00bbleft\u00a0\u00bb custom_margin=\u00a0\u00bb||50px||false|false\u00a0\u00bb custom_padding=\u00a0\u00bb|15px||15px|false|true\u00a0\u00bb animation_style=\u00a0\u00bbfade\u00a0\u00bb animation_delay=\u00a0\u00bb200ms\u00a0\u00bb hover_enabled=\u00a0\u00bb0&Prime; global_colors_info=\u00a0\u00bb{}\u00a0\u00bb sticky_enabled=\u00a0\u00bb0&Prime;]<\/p>\n<p>Acumen Resilient Agriculture Fund II (ou ARAF II), g\u00e9r\u00e9 par Acumen Capital Partners, est un <b>fonds d&rsquo;impact de <\/b><b><i>blended<\/i><\/b><b><i> finance<\/i><\/b><b> centr\u00e9<\/b><b> sur la r\u00e9silience climatique et la s\u00e9curit\u00e9 alimentaire en Afrique<\/b>. ARAF II investit dans des <b>entreprises agricoles qui soutiennent les petits exploitants agricoles et renforcent les cha\u00eenes de valeur <\/b>\u00e0 travers l&rsquo;Afrique de l&rsquo;Est, de l&rsquo;Ouest et du Nord. Il est le fonds successeur d&rsquo;ARAF I \u2014 un fonds de 58 millions de dollars lanc\u00e9 en 2019, qui a investi dans 14 agri-PME et touch\u00e9 plus de 3 millions d&rsquo;agriculteurs.<\/p>\n<p>ARAF II d\u00e9ploie un m\u00e9lange d&rsquo;instruments en fonds propres, quasi-fonds propres et instruments auto-liquidatifs \u2014 des outils de financement con\u00e7us pour s&rsquo;adapter aux cycles de croissance plus longs propres aux entreprises agricoles \u2014 au sein d&rsquo;un <b>portefeuille pouvant atteindre 20 agri-PME, avec des tickets initiaux d&rsquo;une moyenne de 3 millions de dollars <\/b>et la possibilit\u00e9 de r\u00e9investissements (<i>follow-on<\/i>) dans les entreprises les plus performantes.<\/p>\n<p>Le fonds se concentre sur trois domaines au sein du secteur agricole : <b>les plateformes d&rsquo;agr\u00e9gation<\/b>, qui connectent les agriculteurs aux intrants, aux march\u00e9s et aux services ; les <b>plateformes num\u00e9riques<\/b>, capables de toucher un grand nombre de petits exploitants ; et les <b>solutions financi\u00e8res innovantes<\/b>, qui am\u00e9liorent l&rsquo;acc\u00e8s au cr\u00e9dit et \u00e0 la gestion des risques pour les agriculteurs. Dans tous les cas, ARAF II privil\u00e9gie les entreprises proposant des services combin\u00e9s \u2014 associant, par exemple, intrants, formation et acc\u00e8s aux march\u00e9s \u2014 afin de cr\u00e9er un impact plus profond et plus durable.<\/p>\n<p><b>ARAF II est l&rsquo;un des tr\u00e8s rares fonds exclusivement d\u00e9di\u00e9s \u00e0 l&rsquo;agriculture et \u00e0 la r\u00e9silience climatique \u00e0 travers l&rsquo;Afrique de l&rsquo;Est, de l&rsquo;Ouest et du Nord, <\/b>une position qui lui conf\u00e8re un net avantage concurrentiel sur un continent o\u00f9 l&rsquo;expertise agricole sp\u00e9cialis\u00e9e reste rare parmi les investisseurs.<\/p>\n<p>[\/et_pb_text][et_pb_text module_class=\u00a0\u00bbh5-size custom_titless\u00a0\u00bb _builder_version=\u00a0\u00bb4.27.8&Prime; _module_preset=\u00a0\u00bbdefault\u00a0\u00bb text_line_height=\u00a0\u00bb0.4em\u00a0\u00bb header_2_line_height=\u00a0\u00bb0.7em\u00a0\u00bb background_color=\u00a0\u00bbgcid-fb453400-2325-4dbb-bd00-62d95f666066&Prime; text_orientation=\u00a0\u00bbcenter\u00a0\u00bb background_layout=\u00a0\u00bbdark\u00a0\u00bb custom_padding=\u00a0\u00bb12px|40px|12px|40px|true|true\u00a0\u00bb hover_enabled=\u00a0\u00bb0&Prime; custom_css_free_form=\u00a0\u00bb.et-db #et-boc .et-l selector {||  width:fit-content;||  min-width:300px;||}||||.et-db #et-boc .et-l selector.h5-size .et_pb_text_inner h2 {||  line-height:1em !important;||  padding:0 !important;||}||||@media screen and (max-width:600px) {||  .et-db #et-boc .et-l selector {||    min-width:auto;||  }||||}\u00a0\u00bb border_radii=\u00a0\u00bbon|90px|90px|90px|90px\u00a0\u00bb locked=\u00a0\u00bboff\u00a0\u00bb global_colors_info=\u00a0\u00bb{%22gcid-secondary-color%22:%91%22link_text_color%22,%22link_text_color%22,%22link_text_color%22,%22link_text_color%22,%22link_text_color%22,%22link_text_color%22%93,%22gcid-fb453400-2325-4dbb-bd00-62d95f666066%22:%91%22background_color%22%93}\u00a0\u00bb sticky_enabled=\u00a0\u00bb0&Prime;]<\/p>\n<p><b>Investissement et <\/b><b>valeur<\/b> <b>ajout\u00e9e<\/b><b> de FASA<\/b><\/p>\n<p>[\/et_pb_text][et_pb_text module_class=\u00a0\u00bbflex_1&Prime; _builder_version=\u00a0\u00bb4.27.8&Prime; _module_preset=\u00a0\u00bbdefault\u00a0\u00bb module_alignment=\u00a0\u00bbleft\u00a0\u00bb custom_margin=\u00a0\u00bb||40px||false|false\u00a0\u00bb custom_padding=\u00a0\u00bb|15px||15px|false|true\u00a0\u00bb animation_style=\u00a0\u00bbfade\u00a0\u00bb animation_delay=\u00a0\u00bb200ms\u00a0\u00bb hover_enabled=\u00a0\u00bb0&Prime; locked=\u00a0\u00bboff\u00a0\u00bb global_colors_info=\u00a0\u00bb{%22gcid-secondary-color%22:%91%22link_text_color%22,%22link_text_color%22,%22link_text_color%22%93}\u00a0\u00bb sticky_enabled=\u00a0\u00bb0&Prime;]<\/p>\n<p><b>FASA engage 8 millions de dollars en fonds propres junior <\/b>\u2014 vers\u00e9s en deux tranches \u2014 aux c\u00f4t\u00e9s de l&rsquo;investisseur ancre le Green Climate Fund (GCF) et de quatre bailleurs de d\u00e9veloppement (DFI) : Proparco, FMO, Swedfund et BIO.<\/p>\n<p>L&rsquo;investissement de FASA joue un r\u00f4le d\u00e9terminant \u00e0 ce stade du d\u00e9veloppement, <b>en renfor\u00e7ant la tranche junior du fonds.<\/b><\/p>\n<p>FASA apporte \u00e9galement de <b>l&rsquo;assistance technique<\/b>, centr\u00e9e sur des initiatives cibl\u00e9es sur le genre au niveau des agri-PME.<\/p>\n<p>[\/et_pb_text][et_pb_text module_class=\u00a0\u00bbflex_1&Prime; _builder_version=\u00a0\u00bb4.27.8&Prime; _module_preset=\u00a0\u00bbdefault\u00a0\u00bb text_font=\u00a0\u00bbWorkSans-Medium||||||||\u00a0\u00bb text_text_color=\u00a0\u00bbgcid-fb453400-2325-4dbb-bd00-62d95f666066&Prime; header_4_font=\u00a0\u00bbWorkSans-Medium||||||||\u00a0\u00bb custom_margin=\u00a0\u00bb||11px||false|false\u00a0\u00bb custom_padding=\u00a0\u00bb|15px||15px|false|true\u00a0\u00bb hover_enabled=\u00a0\u00bb0&Prime; global_colors_info=\u00a0\u00bb{%22gcid-secondary-color%22:%91%22link_text_color%22,%22link_text_color%22%93,%22gcid-fb453400-2325-4dbb-bd00-62d95f666066%22:%91%22text_text_color%22%93}\u00a0\u00bb sticky_enabled=\u00a0\u00bb0&Prime;]<\/p>\n<p><b>Pourquoi<\/b><b> FASA <\/b><b>a<\/b> <b>investi<\/b><b>?<\/b><\/p>\n<p>[\/et_pb_text][et_pb_text module_class=\u00a0\u00bbflex_1&Prime; _builder_version=\u00a0\u00bb4.27.8&Prime; _module_preset=\u00a0\u00bbdefault\u00a0\u00bb module_alignment=\u00a0\u00bbleft\u00a0\u00bb custom_margin=\u00a0\u00bb||50px||false|false\u00a0\u00bb custom_padding=\u00a0\u00bb|15px||15px|false|true\u00a0\u00bb animation_style=\u00a0\u00bbfade\u00a0\u00bb animation_delay=\u00a0\u00bb200ms\u00a0\u00bb hover_enabled=\u00a0\u00bb0&Prime; locked=\u00a0\u00bboff\u00a0\u00bb global_colors_info=\u00a0\u00bb{%22gcid-secondary-color%22:%91%22link_text_color%22,%22link_text_color%22,%22link_text_color%22%93}\u00a0\u00bb sticky_enabled=\u00a0\u00bb0&Prime;]<\/p>\n<p><b>\u2192 <\/b><b>Investir <\/b><b>dans un fonds 100% d\u00e9di\u00e9 \u00e0 l&rsquo;agriculture<\/b>, qui r\u00e9pond aux trois th\u00e9matiques d&rsquo;impact fondamentales de FASA : la s\u00e9curit\u00e9 alimentaire et nutritionnelle, les moyens de subsistance des petits exploitants agricoles, et les cha\u00eenes de valeur agricoles climato-intelligentes.<\/p>\n<p><b>\u2192 <\/b><b><\/b><b>Soutenir une \u00e9quipe au solide historique <\/b>\u2014 ARAF I a d\u00e9ploy\u00e9 39 millions de dollars dans 14 entreprises, touch\u00e9 plus de 3 millions d&rsquo;agriculteurs et atteint son objectif d&rsquo;investissement un an avant l&rsquo;\u00e9ch\u00e9ance pr\u00e9vue.<\/p>\n<p><b>\u2192 <\/b><b>Soutenir l&rsquo;expansion g\u00e9ographique du fonds <\/b>\u2014 en \u00e9tendant sa port\u00e9e de cinq pays historiques (Kenya, Ouganda, Tanzanie, Nigeria et Ghana) \u00e0 cinq nouveaux march\u00e9s (C\u00f4te d&rsquo;Ivoire, \u00c9gypte, Maroc, \u00c9thiopie et S\u00e9n\u00e9gal).<\/p>\n<p><b>\u2192 Soutenir un fonds qui associe diff\u00e9rents instruments de financement <\/b>\u2014 fonds propres, quasi-fonds propres et outils auto-liquidatifs \u2014 \u00e0 un accompagnement au renforcement des capacit\u00e9s et \u00e0 l&rsquo;assistance technique, adapt\u00e9s aux r\u00e9alit\u00e9s des agri-PME \u00e0 forte croissance.<\/p>\n<p><b>\u2192 Un exemple concret de <\/b><b><i>blended<\/i><\/b><b><i> finance <\/i><\/b>: des capitaux publics et concessionnels permettant un premier closing capable d&rsquo;attirer et de s\u00e9curiser des investissements priv\u00e9s suppl\u00e9mentaires.<\/p>\n<p>[\/et_pb_text][et_pb_text module_class=\u00a0\u00bbh5-size\u00a0\u00bb _builder_version=\u00a0\u00bb4.27.8&Prime; _module_preset=\u00a0\u00bbdefault\u00a0\u00bb text_line_height=\u00a0\u00bb0.4em\u00a0\u00bb header_2_line_height=\u00a0\u00bb0.7em\u00a0\u00bb background_color=\u00a0\u00bbgcid-secondary-color\u00a0\u00bb text_orientation=\u00a0\u00bbcenter\u00a0\u00bb background_layout=\u00a0\u00bbdark\u00a0\u00bb custom_margin=\u00a0\u00bb||40px||false|false\u00a0\u00bb custom_padding=\u00a0\u00bb12px|40px|12px|40px|true|true\u00a0\u00bb hover_enabled=\u00a0\u00bb0&Prime; custom_css_free_form=\u00a0\u00bb.et-db #et-boc .et-l selector {||  width:fit-content;||  min-width:300px;||}||||.et-db #et-boc .et-l selector.h5-size .et_pb_text_inner h2 {||  line-height:1em !important;||  padding:0 !important;||}||||@media screen and (max-width:600px) {||  .et-db #et-boc .et-l selector {||    min-width:auto;||  }||||}\u00a0\u00bb border_radii=\u00a0\u00bbon|90px|90px|90px|90px\u00a0\u00bb locked=\u00a0\u00bboff\u00a0\u00bb global_colors_info=\u00a0\u00bb{%22gcid-secondary-color%22:%91%22link_text_color%22,%22background_color%22%93}\u00a0\u00bb sticky_enabled=\u00a0\u00bb0&Prime;]<\/p>\n<h2>Impacts attendus<\/h2>\n<p>[\/et_pb_text][dsm_icon_list list_layout=\u00a0\u00bbhorizontal\u00a0\u00bb list_vertical_alignment=\u00a0\u00bbcenter\u00a0\u00bb list_space_between=\u00a0\u00bb15px\u00a0\u00bb image_max_width=\u00a0\u00bb44px\u00a0\u00bb _builder_version=\u00a0\u00bb4.27.4&Prime; _module_preset=\u00a0\u00bbdefault\u00a0\u00bb text_font=\u00a0\u00bbWorkSans-Medium||||||||\u00a0\u00bb text_font_size=\u00a0\u00bb15px\u00a0\u00bb text_line_height=\u00a0\u00bb1.5em\u00a0\u00bb custom_margin=\u00a0\u00bb||18px|||\u00a0\u00bb custom_css_free_form=\u00a0\u00bbselector .dsm_icon_list_items .dsm_icon_list_child {||  \/*max-width:210px;*\/||}\u00a0\u00bb global_colors_info=\u00a0\u00bb{%22gcid-02eea4c1-992a-4bff-aee2-539b98054199%22:%91%22icon_color%22,%22icon_color%22%93}\u00a0\u00bb][dsm_icon_list_child text=\u00a0\u00bbEnhancing food security &#038; nutrition\u00a0\u00bb use_icon=\u00a0\u00bboff\u00a0\u00bb image=\u00a0\u00bbhttps:\/\/www.fasafund.com\/wp-content\/uploads\/2024\/10\/FASA-Icons-Food-marron.svg\u00a0\u00bb _builder_version=\u00a0\u00bb4.27.4&Prime; _module_preset=\u00a0\u00bbdefault\u00a0\u00bb text_text_color=\u00a0\u00bbgcid-9e88aadb-4abc-4e40-9838-1e66cd9a7196&Prime; max_width=\u00a0\u00bb210px\u00a0\u00bb global_colors_info=\u00a0\u00bb{%22gcid-9e88aadb-4abc-4e40-9838-1e66cd9a7196%22:%91%22text_text_color%22%93}\u00a0\u00bb][\/dsm_icon_list_child][dsm_icon_list_child text=\u00a0\u00bbImproving livelihoods\u00a0\u00bb use_icon=\u00a0\u00bboff\u00a0\u00bb image=\u00a0\u00bbhttps:\/\/www.fasafund.com\/wp-content\/uploads\/2024\/10\/FASA-Icons-Livehoods-Green.svg\u00a0\u00bb _builder_version=\u00a0\u00bb4.27.4&Prime; _module_preset=\u00a0\u00bbdefault\u00a0\u00bb text_text_color=\u00a0\u00bbgcid-fb453400-2325-4dbb-bd00-62d95f666066&Prime; max_width=\u00a0\u00bb140px\u00a0\u00bb global_colors_info=\u00a0\u00bb{%22gcid-fb453400-2325-4dbb-bd00-62d95f666066%22:%91%22text_text_color%22%93}\u00a0\u00bb][\/dsm_icon_list_child][dsm_icon_list_child text=\u00a0\u00bbPromoting climate-smart agricultural value chains\u00a0\u00bb use_icon=\u00a0\u00bboff\u00a0\u00bb image=\u00a0\u00bbhttps:\/\/www.fasafund.com\/wp-content\/uploads\/2024\/10\/FASA-Icons-Climate-violet.svg\u00a0\u00bb _builder_version=\u00a0\u00bb4.27.4&Prime; _module_preset=\u00a0\u00bbdefault\u00a0\u00bb text_text_color=\u00a0\u00bbgcid-e72f4c76-1e26-4d9f-be43-4ce724ea49c7&Prime; max_width=\u00a0\u00bb250px\u00a0\u00bb global_colors_info=\u00a0\u00bb{%22gcid-e72f4c76-1e26-4d9f-be43-4ce724ea49c7%22:%91%22text_text_color%22%93}\u00a0\u00bb][\/dsm_icon_list_child][\/dsm_icon_list][et_pb_text module_class=\u00a0\u00bbflex_1&Prime; _builder_version=\u00a0\u00bb4.27.8&Prime; _module_preset=\u00a0\u00bbdefault\u00a0\u00bb module_alignment=\u00a0\u00bbleft\u00a0\u00bb custom_margin=\u00a0\u00bb||50px||false|false\u00a0\u00bb custom_padding=\u00a0\u00bb|15px||15px|false|true\u00a0\u00bb animation_style=\u00a0\u00bbfade\u00a0\u00bb animation_delay=\u00a0\u00bb200ms\u00a0\u00bb hover_enabled=\u00a0\u00bb0&Prime; locked=\u00a0\u00bboff\u00a0\u00bb global_colors_info=\u00a0\u00bb{%22gcid-secondary-color%22:%91%22link_text_color%22,%22link_text_color%22,%22link_text_color%22%93}\u00a0\u00bb sticky_enabled=\u00a0\u00bb0&Prime;]<b style=\"color: #7CA63D;\">Am\u00e9lioration des moyens de subsistance<\/b><\/p>\n<p>ARAF II d\u00e9passe largement l\u2019impact attendu par FASA, avec <b>4 millions de petits exploitants agricoles<\/b> touch\u00e9s et <b>77 000 emplois cr\u00e9\u00e9s ou maintenus<\/b>, pour une taille de fonds de 120 millions USD sur 10 ans. Le fonds combine large port\u00e9e et accompagnement des agriculteurs, notamment via des plateformes d\u2019agr\u00e9gation. Au Ghana, par exemple, une plateforme facilite l\u2019acc\u00e8s au cr\u00e9dit pour les intrants gr\u00e2ce \u00e0 la num\u00e9risation des profils des agriculteurs, tout en suivant la production, l\u2019achat des r\u00e9coltes et le remboursement des pr\u00eats.<\/p>\n<p>L\u2019impact sur les petits exploitants constitue un crit\u00e8re d\u2019investissement central d\u2019ARAF I et II, les entreprises devant contribuer \u00e0 leur viabilit\u00e9 financi\u00e8re et environnementale.<\/p>\n<p><b style=\"color: #4D2005;\">S\u00e9curit\u00e9 alimentaire et nutrition<\/b><\/p>\n<p>ARAF II pr\u00e9voit de concentrer la majorit\u00e9 de ses investissements sur des <b>plateformes d\u2019agr\u00e9gation <\/b>qui augmentent l\u2019offre alimentaire, avec une forte probabilit\u00e9 d\u2019atteindre l\u2019objectif de FASA de 70 % \u00e0 l\u2019ann\u00e9e 5. Par exemple, une entreprise nig\u00e9riane dans le pipeline transforme le manioc en amidon alimentaire, farine et garri, avec des capacit\u00e9s respectives de 20, 30 et 7 tonnes\/jour, et produit \u00e9galement des aliments pour animaux.<\/p>\n<p><b style=\"color: #632F57;\">Solutions agricoles climato-intelligentes<\/b><\/p>\n<p>\u00c0 travers ses trois mod\u00e8les, les entreprises agricoles d\u2019ARAF II peuvent contribuer \u00e0 cette th\u00e9matique en proposant des biens et services r\u00e9pondant aux d\u00e9fis climatiques. Par exemple, une entreprise agroalimentaire \u00e9gyptienne d\u00e9veloppe une production biologique et durable avec des producteurs partenaires et g\u00e9n\u00e8re des cr\u00e9dits carbone gr\u00e2ce aux arbres et aux pratiques agricoles durables.[\/et_pb_text][et_pb_text module_class=\u00a0\u00bbh5-size custom_titless\u00a0\u00bb _builder_version=\u00a0\u00bb4.27.8&Prime; _module_preset=\u00a0\u00bbdefault\u00a0\u00bb text_line_height=\u00a0\u00bb0.4em\u00a0\u00bb header_2_line_height=\u00a0\u00bb0.7em\u00a0\u00bb background_color=\u00a0\u00bbgcid-primary-color\u00a0\u00bb text_orientation=\u00a0\u00bbcenter\u00a0\u00bb background_layout=\u00a0\u00bbdark\u00a0\u00bb custom_padding=\u00a0\u00bb12px|40px|12px|40px|true|true\u00a0\u00bb hover_enabled=\u00a0\u00bb0&Prime; custom_css_free_form=\u00a0\u00bb.et-db #et-boc .et-l selector {||  width:fit-content;||  min-width:300px;||}||||.et-db #et-boc .et-l selector.h5-size .et_pb_text_inner h2 {||  line-height:1em !important;||  padding:0 !important;||}||||@media screen and (max-width:600px) {||  .et-db #et-boc .et-l selector {||    min-width:auto;||  }||||}\u00a0\u00bb border_radii=\u00a0\u00bbon|90px|90px|90px|90px\u00a0\u00bb locked=\u00a0\u00bboff\u00a0\u00bb global_colors_info=\u00a0\u00bb{%22gcid-secondary-color%22:%91%22link_text_color%22,%22link_text_color%22,%22link_text_color%22,%22link_text_color%22%93,%22gcid-primary-color%22:%91%22background_color%22%93}\u00a0\u00bb sticky_enabled=\u00a0\u00bb0&Prime;]<\/p>\n<h2>Gestion du fonds<\/h2>\n<p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=\u00a0\u00bb1&Prime; 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_module_preset=\u00a0\u00bbdefault\u00a0\u00bb max_width=\u00a0\u00bb1300px\u00a0\u00bb module_alignment=\u00a0\u00bbleft\u00a0\u00bb global_colors_info=\u00a0\u00bb{}\u00a0\u00bb][et_pb_column type=\u00a0\u00bb4_4&Prime; _builder_version=\u00a0\u00bb4.27.4&Prime; _module_preset=\u00a0\u00bbdefault\u00a0\u00bb global_colors_info=\u00a0\u00bb{}\u00a0\u00bb][et_pb_text module_class=\u00a0\u00bbflex_1&Prime; _builder_version=\u00a0\u00bb4.27.8&Prime; _module_preset=\u00a0\u00bbdefault\u00a0\u00bb module_alignment=\u00a0\u00bbleft\u00a0\u00bb custom_margin=\u00a0\u00bb||50px||false|false\u00a0\u00bb custom_padding=\u00a0\u00bb|15px||15px|false|true\u00a0\u00bb animation_style=\u00a0\u00bbfade\u00a0\u00bb animation_delay=\u00a0\u00bb200ms\u00a0\u00bb hover_enabled=\u00a0\u00bb0&Prime; locked=\u00a0\u00bboff\u00a0\u00bb global_colors_info=\u00a0\u00bb{%22gcid-secondary-color%22:%91%22link_text_color%22,%22link_text_color%22,%22link_text_color%22%93}\u00a0\u00bb sticky_enabled=\u00a0\u00bb0&Prime;]<\/p>\n<p>ARAF II est dirig\u00e9 par <b>Tamer El-<\/b><b>Raghy<\/b><b> et Rebecca Mincy<\/b>, tous deux pr\u00e9sents depuis la cr\u00e9ation d&rsquo;ARAF I, et qui assumeront respectivement les r\u00f4les de Senior Partner et Partner.<\/p>\n<p>Ils sont \u00e9paul\u00e9s par une \u00e9quipe exp\u00e9riment\u00e9e, forte d&rsquo;un solide historique dans le d\u00e9ploiement d&rsquo;ARAF I, avec une pr\u00e9sence de terrain approfondie au Kenya, au Nigeria, en C\u00f4te d&rsquo;Ivoire, en \u00c9gypte et bient\u00f4t au Maroc.<\/p>\n<p>[\/et_pb_text][dsm_card_carousel slide_to_show=\u00a0\u00bb2&Prime; autoplay=\u00a0\u00bboff\u00a0\u00bb arrows=\u00a0\u00bboff\u00a0\u00bb use_arrow_custom_position=\u00a0\u00bbon\u00a0\u00bb arrow_color=\u00a0\u00bbgcid-fb453400-2325-4dbb-bd00-62d95f666066&Prime; dots=\u00a0\u00bboff\u00a0\u00bb image_width=\u00a0\u00bb200px\u00a0\u00bb stretch_image=\u00a0\u00bboff\u00a0\u00bb image_alignment=\u00a0\u00bbcenter\u00a0\u00bb slide_to_show_tablet=\u00a0\u00bb3&Prime; slide_to_show_phone=\u00a0\u00bb1&Prime; slide_to_show_last_edited=\u00a0\u00bbon|phone\u00a0\u00bb arrow_custom_position_tablet=\u00a0\u00bb-50px\u00a0\u00bb arrow_custom_position_phone=\u00a0\u00bb-30px\u00a0\u00bb arrow_custom_position_last_edited=\u00a0\u00bbon|phone\u00a0\u00bb _builder_version=\u00a0\u00bb4.27.8&Prime; _module_preset=\u00a0\u00bbdefault\u00a0\u00bb max_width_tablet=\u00a0\u00bb\u00a0\u00bb max_width_phone=\u00a0\u00bb92%\u00a0\u00bb max_width_last_edited=\u00a0\u00bbon|phone\u00a0\u00bb module_alignment=\u00a0\u00bbleft\u00a0\u00bb custom_margin=\u00a0\u00bb||50px||false|true\u00a0\u00bb custom_padding=\u00a0\u00bb||||false|true\u00a0\u00bb animation_style=\u00a0\u00bbfade\u00a0\u00bb hover_enabled=\u00a0\u00bb0&Prime; module_alignment_tablet=\u00a0\u00bbleft\u00a0\u00bb module_alignment_phone=\u00a0\u00bbcenter\u00a0\u00bb module_alignment_last_edited=\u00a0\u00bbon|phone\u00a0\u00bb global_colors_info=\u00a0\u00bb{%22gcid-fb453400-2325-4dbb-bd00-62d95f666066%22:%91%22arrow_color%22%93}\u00a0\u00bb sticky_enabled=\u00a0\u00bb0&Prime;][dsm_card_carousel_child title=\u00a0\u00bbTamer El-Raghy\u00a0\u00bb image=\u00a0\u00bbhttps:\/\/www.fasafund.com\/wp-content\/uploads\/2026\/07\/Tamer-El-Raghy.jpg\u00a0\u00bb image_as_background=\u00a0\u00bboff\u00a0\u00bb button_url_new_window=\u00a0\u00bb1&Prime; _builder_version=\u00a0\u00bb4.27.8&Prime; _module_preset=\u00a0\u00bbdefault\u00a0\u00bb hover_enabled=\u00a0\u00bb0&Prime; global_colors_info=\u00a0\u00bb{}\u00a0\u00bb parent_button=\u00a0\u00bboff\u00a0\u00bb parent_header_level=\u00a0\u00bbh4&Prime; parent_stretch_image=\u00a0\u00bboff\u00a0\u00bb sticky_enabled=\u00a0\u00bb0&Prime;]<\/p>\n<p><b>Tamer El-<\/b><b>Raghy<\/b> apporte 20 ans d&rsquo;exp\u00e9rience en capital-risque, capital-investissement, fusions-acquisitions et entrepreneuriat en Afrique, aux \u00c9tats-Unis et en Europe. Il a pr\u00e9c\u00e9demment dirig\u00e9 la strat\u00e9gie de croissance et M&amp;A de Cargill, et g\u00e9r\u00e9 les activit\u00e9s de capital-investissement agricole de responsAbility en Afrique.<\/p>\n<p>[\/dsm_card_carousel_child][dsm_card_carousel_child title=\u00a0\u00bbRebecca Mincy\u00a0\u00bb image=\u00a0\u00bbhttps:\/\/www.fasafund.com\/wp-content\/uploads\/2026\/07\/Rebecca-Mincy.jpg\u00a0\u00bb image_as_background=\u00a0\u00bboff\u00a0\u00bb button_url_new_window=\u00a0\u00bb1&Prime; _builder_version=\u00a0\u00bb4.27.8&Prime; _module_preset=\u00a0\u00bbdefault\u00a0\u00bb hover_enabled=\u00a0\u00bb0&Prime; global_colors_info=\u00a0\u00bb{}\u00a0\u00bb parent_button=\u00a0\u00bboff\u00a0\u00bb parent_header_level=\u00a0\u00bbh4&Prime; parent_stretch_image=\u00a0\u00bboff\u00a0\u00bb sticky_enabled=\u00a0\u00bb0&Prime;]<\/p>\n<p><b>Rebecca Mincy<\/b> compte dix ans d&rsquo;exp\u00e9rience dans l&rsquo;agriculture, l&rsquo;investissement \u00e0 impact et la gestion d&rsquo;actifs, dont sept ann\u00e9es \u00e0 la t\u00eate d&rsquo;investissements directs dans le secteur agroalimentaire en Afrique de l&rsquo;Est. Elle est titulaire d&rsquo;un MBA de la Columbia Business School et d&rsquo;une licence (BA) de Stanford University.<\/p>\n<p>[\/dsm_card_carousel_child][\/dsm_card_carousel][et_pb_button button_url=\u00a0\u00bbhttps:\/\/www.fasafund.com\/portfolio\u00a0\u00bb button_text=\u00a0\u00bbBack to the portfolio\u00a0\u00bb button_alignment=\u00a0\u00bbcenter\u00a0\u00bb _builder_version=\u00a0\u00bb4.27.6&Prime; _module_preset=\u00a0\u00bbdefault\u00a0\u00bb button_border_width=\u00a0\u00bb0px\u00a0\u00bb button_use_icon=\u00a0\u00bboff\u00a0\u00bb custom_padding=\u00a0\u00bb10px|30px|10px|30px|true|true\u00a0\u00bb custom_padding_tablet=\u00a0\u00bb10px|30px|10px|30px|true|true\u00a0\u00bb custom_padding_phone=\u00a0\u00bb10px|14px|10px|14px|true|true\u00a0\u00bb custom_padding_last_edited=\u00a0\u00bbon|desktop\u00a0\u00bb locked=\u00a0\u00bboff\u00a0\u00bb global_colors_info=\u00a0\u00bb{%22gcid-cdfc5e12-aa04-4e46-8d7a-a46e0d249000%22:%91%22button_text_color%22,%22button_text_color%22,%22button_text_color%22,%22button_text_color%22,%22button_text_color%22,%22button_text_color%22%93,%22gcid-secondary-color%22:%91%22button_bg_color%22,%22button_icon_color%22,%22button_text_color__hover%22,%22button_border_color%22%93,%22gcid-188fd4b2-8c07-4dd4-bf74-57a32572a175%22:%91%22button_bg_color__hover%22,%22button_bg_color__hover%22,%22button_bg_color__hover%22,%22button_bg_color__hover%22,%22button_bg_color__hover%22,%22button_bg_color__hover%22%93}\u00a0\u00bb button_text_color__hover=\u00a0\u00bb#FFFFFF\u00a0\u00bb][\/et_pb_button][\/et_pb_column][\/et_pb_row][\/et_pb_section]<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Pan-Africa \/ Early-stage equity<\/p>\n","protected":false},"author":10,"featured_media":3735,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_et_pb_use_builder":"on","_et_pb_old_content":"","_et_gb_content_width":"","inline_featured_image":false,"footnotes":""},"project_category":[],"project_tag":[],"geography":[99,100,111],"asset_class":[112],"impact_themes":[108,107,106],"class_list":["post-3836","project","type-project","status-publish","has-post-thumbnail","hentry","geography-afrique-de-lest","geography-afrique-de-louest","geography-north-africa","asset_class-growth-sme","impact_themes-chaines-de-valeur-agricoles-durables","impact_themes-moyens-de-subsistance","impact_themes-securite-alimentaire-et-nutrition"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.7 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>ARAF II | FASA<\/title>\n<meta name=\"description\" content=\"Catalyst Fund is a venture capital fund building climate resilience across Africa. Discover FASA&#039;s $5M investment in early-stage agri-SMEs.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.fasafund.com\/fr\/project\/araf-ii\/\" \/>\n<meta property=\"og:locale\" content=\"fr_FR\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"ARAF II | FASA\" \/>\n<meta property=\"og:description\" content=\"Catalyst Fund is a venture capital fund building climate resilience across Africa. 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