JICA invests $40 Mn in Aavishkaar Capital’s Global Supply Chain Support Fund

Japan International Cooperation Agency (JICA), Japan’s governmental agency for official development assistance, announced an investment of $40 million into Aavishkaar Capital’s ‘Global Supply Chain Support Fund’ to support enterprises across Asia and Africa to unlock inclusive and sustainable growth.

The decision was announced in a speech by Japanese Prime Minister Shigeru Ishiba at the “Economic Partnership in Indian Ocean – Africa Forum.” The fund is being managed by Aavishkaar Capital, a leading impact investment group.

Utilizing…