The Markets, Enterprise and Trade Division is pleased to announce a 12-month extension to the Afghanistan Business Innovation Fund (ABIF), which will focus on offering post-grant support to its grantees.
Landell Mills has been implementing the DFID-funded ABIF project since 2011, which supports private sector led investment in innovative business models, products and services across a number of focus sectors including the Horticulture sector (dried fruits, vegetables etc.); Livestock; Carpet sector; Small-scale mining; Furniture; and Pharmaceuticals.
To date, the project has yielded excellent results by seizing the opportunity to change the way that market systems work in Afghanistan using the M4P approach through a challenge fund mechanism. There has been so much work done on value chain analysis and there have been countless donor interventions to address the problems that have been identified, but ABIF is unique in the way that before its inception, the M4P approach had not been tried before in Afghanistan. ABIF has proved this method to stimulate the creativity and harness the capacity of the private sector to deliver commercial solutions.
For more information about the ABIF post-grant support and extension, please contact Veera Veijalainen at email@example.com.