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    African Development Bank(AfDB) - The 2020 Agripitch Competition
    Agri-Business

    African Development Bank(AfDB) - The 2020 Agripitch Competition

    Overview

    PES, the implementing lead with PFAN as the knowledge partner and Eldohub as the digital partner, was engaged by AfDB to manage the pan African call for applications, virtual capacity building services for pitching, investment readiness and the execution of a virtual investor deal room for the 2022 AgriPitch Competition

    PES customized its application platform for AgriPitch. In 3 weeks, 750 applications from 38 African countries, 250 from women led SMEs were received.

    Project Details

    Sector: Agri-Business, Agriculture

    Location: Nigeria, Kenya, Ghana, Benin, Cote d’ivoire, Uganda, Malawi, Burkina Faso, DRC, Togo, Gabon, Botswana, Zimbabwe, Senegal

    Outcome

    PES successfully on boarded 25 participants. PES facilitated the two-week virtual boot camp where 25 Agripreneurs received training, mentorship, 1 on 1 advisory. Agripreneurs were also taken through mock practice pitching sessions. The Agripreneurs pitched their businesses to a virtual panel of judges and coaches during the PES organized AgriPitch semifinals and finals pitching sessions. 6 Winning SMEs shared in the USD 140,000 prize funding. The virtual deal book was developed and circulated to investors to facilitate access to finance.