The AfDB-backed MeTL agro-processing program demonstrates effective co-financing in action. With $24.6M from AfDB combined with equity from ILX B.V. and MeTL Group, the project finances tea, sisal, and macadamia processing facilities.
Total Investment: $74.7 Million
AfDB Contribution: $24.6M (32.9%)
Private Equity: $50.1M (67.1%)
Leverage Ratio: 1:2 (DFI mobilizes 2x private capital)
Key Success Factors: Strategic private sector partner with operational track record, DFI providing patient capital at below-market rates, focus on high-value export crops with existing infrastructure, and clear path to financial sustainability.