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.
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