Acumen Raises Additional $90M for African Climate-Resilient Agriculture Fund, Eyes North Africa Expansion

Impact investor Acumen has secured an additional $90 million in commitments for its Acumen Resilient Agriculture Fund (ARAF), which invests in climate-resilient agriculture businesses across Africa. The new capital comes on top of the $58 million the fund had already raised and will fund its expansion into North Africa, beyond its existing footprint in East and West Africa. ARAF launched in 2020 as the world’s first equity fund explicitly designed to strengthen smallholder farmers’ resilience to