ACTIVITY TITLE
Apollo Agriculture
Reported by
FSD Africa KE-RCO-155081 Other
ACTIVITY SCOPE COLLABORATION TYPE AID TYPE FINANCE TYPE FLOW TYPE TIED STATUS HIERARCHY
Project-type interventions C01
Reimbursable grant 422 ODA 10 Untied 1
Planned start date 2023-12-01
Planned end date 2024-07-31
activity status: Finalisation
Physical activity is complete or the final disbursement has been made, but the activity remains open pending financial sign off or M&E
WHO'S INVOLVED ( 3 )
PARTICIPATING ORG REFERENCE ROLE TYPE
Apollo Agriculture
Implementing Private Sector
FSD Africa
Accountable International NGO
UK - Foreign, Commonwealth and Development Office
REF GB-GOV-1
Funding Government
General
Apollo Agriculture is an agri-fintech, established in Kenya and now expanding into Zambia, which has successfully pioneered the development of an integrated platform able to deliver agri-inputs, advisory and financial solutions. This combination of insured input credit and proven input packages has enabled Apollo’s client to increase farmer yields by up to 2.5x. While the platform makes strong use of digital technology to manage highly dispersed operations and credit risk management, it also leverages local agri-supply shops as agents to provide physical field presence as part of the Apollo solution.
policy marker( 1 )
CODELIST SIGNIFICANCE VOCABULARY DESCRIPTION
Aid to Environment principal objective OECD DAC CRS Principal (primary) policy objectives are those which can be identified as being fundamental in the design and impact of the activity and which are an explicit objective of the activity. They may be selected by answering the question "Would the activity have been undertaken without this objective?"
recipient country ( 2 )
KenyaKE
50
ZambiaZM
50
sector ( 1 )
OECD DAC CRS 5 digit1( 1 )
The sector reported corresponds to an OECD DAC CRS 5-digit purpose code http://reference.iatistandard.org/codelists/Sector/
Agricultural development31120
100
GLOSSARY
Agricultural developmentIntegrated projects; farm development.
Financial Overview
Disbursement ( 2 )
Budget ( 1 )
Disbursement
Budget
Budget ( 1 )
START END TYPE STATUS VALUE
2023-04-03 2024-03-29 Original Committed 59,000
GBP
Budget
Transactions ( 2 )
Disbursement ( 2 )
DATE DESCRIPTION PROVIDER RECEIVER VALUE
2024-02-12
REF Disbursement 1
29,000
GBP
2024-03-29
REF Disbursement 2
30,000
GBP
Disbursement