The Common Fund for Commodities (CFC) provides a range of financial and technical instruments in support of business activities contributing to commodity sector development in developing countries. CFC is an intergovernmental foundation investing in organizations and enterprises pursuing SDG Agenda in commodity value chains in its member countries.

 

Funding
CFC can provide a mix of financial and technical instruments:


- Loans: USD 0.3-1.5 million (exceptionally, loans of around USD 2 million may be considered). The requested amount must be matched with at least the same amount of co-financing. The tenor can be up to 5 years including a grace period of up to 2 years.
- Equity: USD 0.3-1.5 million, to be matched with at least the same amount of equity.
- Grants: USD 50,000-120,000. The ‘fast track’ grant is repayable in principle unless satisfying justification is provided for non-repayable funding.

 

Eligible applicants
Legal public and private entities are eligible to apply. Applicants must:


- operate in commodity value chains in CFC member countries or provide financial services to micro, small and medium-sized businesses operating in these value chains.
- have a proven relevant track record of sound financial operations in their current and/or proposed activities over a period of at least 3 years, as documented by (audited) financial statements.

 

Focus area
CFC supports activities that promote the contribution of the commodity sector to achieving the SDGs in CFC member countries. Applications will be considered that:


- are innovative, scalable and replicable
- are financially sustainable
- have a positive socio-economic and environmental impact on the stakeholders in commodity value chains
- develop stronger connections with existing markets or create new markets along the value chain
- increase financial or other services available for commodity producers and commodity-based businesses
- enhance knowledge generation and information dissemination
- build effective and cost-efficient collaboration between producers, industry, governments, civil society organizations and other stakeholders for commodity-based development

 

Target countries
Applicants must be operational in CFC member countries or provide financial services to SMEs operational in these countries:

 

- Africa: Algeria, Angola, Benin, Botswana, Burkina Faso, Burundi, Cameroon, Cabo Verde, Central African Republic, Chad, Comoros, Congo, Ivory Coast, Democratic Republic of the Congo, Djibouti, Egypt, Equatorial Guinea, Ethiopia, Gabon, Gambia, Ghana, Guinea, Guinea-Bissau, Kenya, Lesotho, Madagascar, Malawi, Mali, Mauritania, Morocco, Mozambique, Niger, Nigeria, Rwanda, Sao Tomé and Principe, Senegal, Sierra Leone, Somalia, Sudan, Swaziland, Tanzania, Togo, Tunisia, Uganda, Zambia and Zimbabwe
- Asia: Afghanistan, Bangladesh, Bhutan, China, India, Indonesia, Iraq, Kuwait, Laos, Malaysia, Maldives, Myanmar, Nepal, North Korea, Pakistan, Philippines, Saudi Arabia, Singapore, Sri Lanka, South Korea, Syria, Thailand, United Arab Emirates and Yemen
- Latin America: Argentina, Brazil, Colombia, Costa Rica, Cuba, Ecuador, Guatemala, Haiti, Honduras, Jamaica, Mexico, Nicaragua, Peru, Trinidad and Tobago and Venezuela
- Europe: Bulgaria, Denmark, Finland, Germany, Greece, Ireland, Italy, Netherlands, Norway, Portugal, Russia, Spain, Sweden and the United Kingdom
- Oceania: Papua New Guinea and Samoa

 

Procedure
Applications for funding must respond to CFC’s calls for proposals. There are two application windows per year.

 

Why work with Advance Consulting?

  1. We have experience with this funding programme, so we can advise you how it can be applied in the best interest of your company.
  2. Developing bankable business plans and finance applications for international investment projects is our core business.
  3. You can benefit from our extensive network and the lessons we learned from other business finance cases to optimize your proposition.
  4. We can advise on alternative or complementary financing options. We also can assist you in meeting the requirements of your bank to participate as a financier.
  5. You can engage us on a result basis.

 

Contact Peter Bleeker (Peter@advanceconsulting.nl) for more information on CFC’s financing programme and its applicability to your case.

 

Eligible countries on a map

A visual view of the countries that are eligible to apply to CFC's calls for proposals.