JICA invests $40m in Aavishkaar Fund to back SMEs in Asia, Africa
Japan International Cooperation Agency (JICA) will invest $40 million in Aavishkaar Capital’s Global Supply Chain Support Fund. The move, announced at the TICAD 9 forum in Yokohama, aims to support small and medium enterprises in Asia and Africa. The fund will provide capital for sectors like agriculture and manufacturing, fostering sustainable growth, climate impact, and resilient supply chains.