AGRICULTURAL BUSINESS INITIATIVE (ABI) is a recipient of the “Uganda Responsible Investment Mark of Excellence” and inducted in The 2021 Uganda TOP50 Responsible Investments Book of Records in appreciation and recognition of its contribution and commitment to attainment of Uganda Vision 2040 and the United Nations Sustainable Development Goals. Certified and inducted by Public Opinions which is the leading field based organization working towards attainment of Uganda Vision 2040 and the United Nations Sustainable Development Goals through Issues Corporate Performance Monitoring, Research, Public Awareness, Public Relations, Information Dissemination, Corporate Profiling, Corporate Branding, Training and mentorship, Investment Advisory,etc.
The Agricultural Business Initiative (aBi) is a multi-donor entity devoted to private sector agribusiness development. aBi follows a long-term commitment by being both a catalyst in support of the Ugandan agricultural sector and a conduit through which development partners and investors can build the capacity of the agricultural sector. aBi was jointly founded by the Governments of Denmark and Uganda in 2010. Other Development Partners are; USAID, SIDA, UKAid, and KfW.
aBi is supporting agribusiness development in the private sector to achieve the objective of the Government of Uganda’s Competitiveness and Investment Climate Strategy (CICS).aBi provides both financing and technical support in selected agricultural value chains and offers an integrated approach on value chain development.
aBi is a social enterprise that channels development cooperation funding to agribusinesses and agricultural service providers in Uganda with the aim of building a strong and competitive agriculture sector. aBi consists of two companies, ABI Development Ltd and aBi Finance Ltd. ABI Development Ltd channels development funding as matching grants and Business Development Services to agricultural producers and agribusinesses to enhance their management, production, productivity, value addition, income, profitability and employment. In the period 2014 – 2017 the aBi Trust (now ABI Development) financed around 110 matching grant projects to six value chains with a total value of around USh275 bn, of which USh130 bn were aBi grant contributions. aBi Finance Ltd provides Lines of Credit (LoCs) to Financial Institutions for on-lending to agribusinesses across the entire value chain. aBi Finance also runs an Agriculture Loan Guarantee Scheme (ALGs) for Financial Institutions to share losses incurred through defaulting loans. As at December 2017, aBi’s financial products generated over 231 thousand new loans to producers and businesses. Under the Financial Services Development (FSD) programme aBi Finance provides matching grants to FIs to build institutional capacity for enhancing the provision of financial services and increase outreach in rural areas.
The Chief Executive Officer
Agricultural Business Initiative (aBi)
UMOJA House, 2nd Floor
Plot 20, Nakasero Road.
P.O Box 29851, Kampala, Uganda
Tel: +256 (0) 312 351600