Africaspotlight on our activities

Since 2000, we have worked to strengthen Africa’s economic and social potential, supporting communities across a continent where hundreds of millions of people still lack access to formal financial services.

1.51 millionbeneficiaries

22microfinance institutions

22sustainable smallholder agriculture organizations

9value chains

Corn producer, Rwanda © 2022 Alterfin

The key to the region’s development lies in supporting micro‑entrepreneurs, who form the backbone of local economies. Smallholder farmers — representing 60% of the population — play a crucial role in ensuring food security. This is why Alterfin has expanded its activities across the continent.

We support microfinance institutions with a strong presence in rural areas, enabling micro‑entrepreneurs to finance and grow their activities. These institutions are essential for reaching communities that remain excluded from traditional financial systems.

In agriculture, we work with businesses that bring together thousands of smallholder farmers across 9 value chains: avocado, spices (chillies), cocoa, coconut oil, nuts, rice, coffee, dates, and fruits & vegetables. Many agricultural enterprises struggle to secure the initial funding needed to develop their activities. For more than half of them, Alterfin is the first lender, and our involvement acts as a catalyst to attract additional investors, donors and buyers.

We are active in 12 countries: the Democratic Republic of Congo, Ghana, Ivory Coast, Kenya, Morocco, Rwanda, Senegal, Sierra Leone, Tanzania, Tunisia, Uganda, and Zambia.

Our investment managers based in Ivory Coast and Kenya ensure a continuous presence in the region and maintain a deep understanding of the needs of our partners and the communities they serve.

Want to know more about our presence in other regions?

  1. Our activities in Latin-America
  2. Our activities in Asia

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News

Finance: A Real Lever for Dignity?

At Alterfin’s 2026 General Assembly, we brought together a panel to explore this question: Lore Vandewalle, Professor at KU Leuven; Simon Ziba and Josh Olson from VisionFund, an Alterfin partner; and Caterina Giordano, Chief Impact Officer at Alterfin.

Partner story

A message from the field

An open letter from Armand Kouassi, Director of the CPR Canaan cooperative, a member of our partner Ecookim.

Interview

“Investing in farmers means investing in the future of chocolate”

This year, Alterfin is joining forces with Oxfam to support the Bite to Fight project. Launched in 2018, the initiative aims to help 100 cocoa farmers from the CPR Canaan cooperative (a member of our partner Ecookim) achieve a living income. Oxfam hopes the project can serve as a model for the wider cocoa sector.

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Investing in cooperative shares at Alterfin involves certain risks.
Investors are exposed to the risk of losing all or part of the investment.

Before buying shares, potential investors should carefully read the information note, the key information document and the sustainability-related disclosures.

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