A New Kind of Development

In 2011, USAID, JP Morgan, and the Gates, Gatsby, and Rockefeller Foundations announced a first-of-its-kind effort to invest $25 million in the African Agricultural Capital Fund, which will deliver much needed growth capital to boost the productivity and profitability of Africa's undercapitalized agriculture sector. NUAC Farm in Northern Uganda is one of the first agribusinesses to receive financing from this fund.