AgriFunds

Groupe Diakhate is a poultry feed manufacturer based in Mali. The ABC Fund has loaned Groupe Diakhate EUR 450,000 to purchase feed raw materials such as cotton seeds, soybean meal, and maize and acquire new modern and efficient equipment, including two processing machines and a solar electricity generating system to sustainably power the process. The investment will enable Groupe Diakhate to strengthen its relationships with farmer cooperatives representing 250 farmers and become more involved in its production process. It will also enable the company to increase its workforce. For the upcoming season, Groupe Diakhate plans to launch a programme of assistance to supply both fertilizers and seeds to smallholder farmers as well as mechanization services to improve their productivity.As of December 2022, the company is working with 26 cooperatives representing 250 farmers with 65% of them being women and 72% young people.