Home AAC News 2007/2008 Year End Audited Accounts

Annual Report

Annual Report & Financial
Statements for Year Ended
30th June 2009.

Find the full report here

AAC's Vision

To improve the livelihoods of small-holder farmers in East Africa

AAC's Mission

To be a leading agribusiness-focused investment fund in Africa that delivers positive financial returns to its investors, supports its investees through the provision of affordable and flexible capital, and has a high social and development impact on smallholder farmers and rural economies, thereby encouraging greater investment in the agriculture sector.
2007/2008 Year End Audited Accounts
Monday, 01 December 2008 00:00
AAC?s annual report for the year ended 30 June 2008 shows that it has invested along the value chain in a wide range of businesses in Kenya, Uganda and Tanzania since its inception, with a total value amounting to more than $6 million. AAC has developed a system for measuring the impact of its investments over time across a range of dimensions, including mission and vision, business viability and growth, smallholder engagement and employment creation and quality.

AAC?s report does acknowledge the difficult times ahead for East African business. High fuel and fertilizer costs combined with volatility in food prices ? both regional and international ? made 2008 a difficult year for most of its investees.

AAC?s commitment to measuring its social and developmental impact is highlighted in its annual report. Click here for the full report.