<?xml version="1.0" encoding="UTF-8"?>
<iati-activities version="2.03">
 <iati-activity default-currency="GBP" dstore:dataset="ecovega-enterprises-2025" dstore:index="8" hierarchy="1" humanitarian="0" iati-activities:version="2.03" xml:lang="EN" xmlns:dstore="http://d-portal.org/xmlns/dstore" xmlns:iati-activities="http://d-portal.org/xmlns/iati-activities">
  <iati-identifier>KE-RCO-155081-ApolloAgriculture</iati-identifier>
  <reporting-org ref="KE-RCO-155081" secondary-reporter="0" type="90">
   <narrative xml:lang="EN">FSD Africa</narrative>
  </reporting-org>
  <title>
   <narrative xml:lang="EN">Apollo Agriculture</narrative>
  </title>
  <description type="1">
   <narrative xml:lang="EN">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&#x2019;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.</narrative>
  </description>
  <participating-org role="4" type="70">
   <narrative xml:lang="EN">Apollo Agriculture</narrative>
  </participating-org>
  <participating-org ref="KE-RCO-155081" role="2" type="21">
   <narrative xml:lang="EN">FSD Africa</narrative>
  </participating-org>
  <participating-org ref="GB-GOV-1" role="1" type="10">
   <narrative xml:lang="EN">UK - Foreign, Commonwealth and Development Office</narrative>
  </participating-org>
  <activity-status code="3"></activity-status>
  <activity-date iso-date="2023-12-01" type="1"></activity-date>
  <activity-date iso-date="2024-07-31" type="3"></activity-date>
  <recipient-country code="KE" percentage="50"></recipient-country>
  <recipient-country code="ZM" percentage="50"></recipient-country>
  <sector code="31120" percentage="100" vocabulary="1"></sector>
  <policy-marker code="2" significance="2" vocabulary="1"></policy-marker>
  <default-flow-type code="10"></default-flow-type>
  <default-finance-type code="422"></default-finance-type>
  <default-aid-type code="C01" vocabulary="1"></default-aid-type>
  <default-tied-status code="5"></default-tied-status>
  <budget status="2" type="1">
   <period-start iso-date="2023-04-03"></period-start>
   <period-end iso-date="2024-03-29"></period-end>
   <value currency="GBP" value-date="2023-04-03">59000</value>
  </budget>
  <transaction ref="Disbursement 1">
   <transaction-type code="3"></transaction-type>
   <transaction-date iso-date="2024-02-12"></transaction-date>
   <value currency="GBP" value-date="2024-02-12">29000</value>
  </transaction>
  <transaction ref="Disbursement 2">
   <transaction-type code="3"></transaction-type>
   <transaction-date iso-date="2024-03-29"></transaction-date>
   <value currency="GBP" value-date="2024-03-29">30000</value>
  </transaction>
 </iati-activity>
</iati-activities>
