FAQ

The AATIF provides debt and equity financing for a wide variety of investments in the African agricultural sector. However, the fund has taken the strategic decision not to pursue any equity investments for the time being.

Deutsche Bank acts as the Investment Manager of the Fund. This means Deutsche Bank is responsible for sourcing and evaluation of investments, their due diligence and preparation of the investment proposals. The final decision about any investments will be made by the Investment Committee. Deutsche Bank will monitor existing investments and report regularly to the Funds’ shareholders. Deutsche Bank is also a significant shareholder of B-Shares. However, Deutsche Bank is not part of the investment committee.

Investment instruments include senior debt, mezzanine instruments and equity. Debt instruments can have a maturity of up to 10 years and only in exceptional cases up to 12 years (infrastructure investments); equity (available for Direct Investments) can be adapted to the various needs of investment phases. The Fund can co-invest as part of a consortium and participate through risk sharing with a local bank or an intermediary.

AATIF is a public-private partnership (PPP) and open to investments from institutional investors, professional investors and other well informed investors within the meaning of the Luxembourg SIF law. In particular targeted investors are donor agencies, governments, international financial institutions and all professional private sector investors. Interested investors can contact AATIF.

Eligibility criteria include but are not limited to (i) financial, social and environmental viability of the investment including macroeconomic effects on the local economy and (ii) managerial capacity of the investment management team to implement and execute the investment. In addition, the project should adhere to an equity/sub-debt to total asset ratio of 33% and should ideally already have some operational structures in place and should have exceeded the planning stage.

No, investment applicants with scalable investments that can demonstrate significant development impacts and are economically feasible should also be presented for exceptions from the USD 5m rule.

No, with an increasing Fund volume over time AATIF will be able to offer larger size investments. In addition, AATIF may be able to find co-investment partners in order to provide a comprehensive financing solution for larger investments.

Kindly fill out the funding application.

No, AATIF has the aim to provide market based financing, and does not provide subsidies or grants. It can provide financing in the form of debt, mezzanine or equity.

Beneficiaries of the Fund may qualify for a grant from the Technical Assistance Facility, for example to provide managerial training to cooperatives or agricultural risk management classes for employees of Financial Institutions or Intermediaries receiving financing from the Fund.

Yes, the AATIF provides debt, mezzanine or equity financing. Except for the Technical Assistance, any funding has to be fully repaid.

No use of brands is allowed without the prior written consent of the concerned parties. The terms of use of the AATIF logo and a description of the program can be determined with the Fund directly.