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Oilseeds - Ground Nuts

 

Pulses - Beans

 

Coffee Value Chain

 

aBi, partners impact over 37,000 farmers in a COVID-19 relief project to supply Agro-Inputs

 

Cereals - Maize

 

Financial Services

 

Agribusiness in Action

 

Horticulture - Mangoes

 

Value Chain Development

The aBi Development Limited strategy support market-driven enterprises using a value chain approach for specific commodity groups (sub sectors) where seven value chains are being supported. These include: Poultry, Cereals; Pulses, Coffee, Oilseeds, Horticulture and Dairy.

 

Financial Service Development

Financial Services Development (FSD) targets to supports activities which aim at increasing access to financial services to Value Chain actors. The FSD’s immediate objective is to increase availability and usage of financial services through wider and deeper delivery mechanisms.

Business Development Services

aBi offers non-financial business development services (BDS) support to its implementing partners (IPs) to help them operate and grow their businesses. The BDS offered is aimed at enabling IPs to improve the quality / viability of business ideas, develop and utilize strategic / business plans, differentiate their products, identify / participate in competitive markets, establish / strengthen linkages with business partners, and improve access to capital.

Agribusiness in Uganda

The agricultural sector in Uganda is dominated by small holder farmers and many small (up to 50 workers) traders and processors. Value chains are generally weakly developed and the quality of farm produce and factory products are of moderate to poor quality…

aBi's 2020 Performance

Highlights of key achievements

  • 165% Farmer reach. aBi supported 37 projects and reached a total of 200,435 (F-86,943; M-113,492) smallholder farmers (43% female), representing 165% of the 121,614 beneficiary farmers annual target.
  • UGX7.9bn Additional income. The additional net income realised by the beneficiary IPs (agribusinesses/ SMEs) attributable to aBi support was at USh7.9bn, 66% of the annual target of UGX12bn.
  • 954 Jobs created. A total of 954 FTE jobs (633 male, 321 female) were created at agribusiness/SME level. This represents 88% of the annual target of 1,083. Most of these jobs (21%) were created by coffee agribusinesses (129 males, 75 females) during collective marketing, produce handling and processing.
  • Covid- 19 effect. Sales of some value chains such cereals remained depressed during the Covid-19 lockdown. Some of produce got held up in stock and were subsequently sold at lower price.

Overview of exports in aBi supported value chains

  • Coffee Exports for Nov. 2019 to Oct. 2020 totaled to 5,409,054 bags worth USD5 13.99mn compared to 4,465,534 bags worth USD 435.81mn the previous year.
  • 135,000MT Cereals. Maize was the most traded grain in the region. In the first quarter around 135,000 MT was traded while approximately 48,000 MT of sorghum was traded. In the second quarter Uganda exported 62,000 MT of maize, 49,000 MT of sorghum, and 46,000 MT of rice.
  • Dairy. The value of milk and milk products exported increased from $5m in 2008 to $100m per year by June 2019.
  • Pulses. By July 2020, the value of bean exports for Uganda for 2020 was USD 32.15 million.

Key Achievements (Jan to Dec 2020)

  • 207,128 New loans across all products (112,677 FSD, 21,591 LoC and 21,591 ALG).
  • Green Growth. The Board approved the Green Growth strategy and implementation started.
  • 37 Number of projects supported
  • 165% Number of smallholder farmers reached: 200,435 (F-86,943; M-113,492)
  • 10% Additional export value for IPs: UGX15bn (10% of 2020 target)

Financial highlights as at 31st Dec 2020

  • UGX 20.9bn Interest Income. aBi Finance made Interest Income of UGX 20,879,693,000 in January- December 2020, up from UGX20,295,949,000 the previous financial year.
  • UGX 200bn Total assets. Total assets for aBi Finance as of 31 December 2020 amounted to UGX 200bn, up from UGX 182bn in 2019
  • UGX 8.7bn Profit. aBi Finance made an after-tax profit of UGX 8.7bn for the year ended 31 December 2020, up from UGX 7.5 bn in 2019.
  • Equity. As of 31 December 2020, total equity for aBi Finance increased to UGX 184.5bn compared to UGX 174.5bn in 2019, owing to the total comprehensive income of UGX 8.7bn generated in the year.
  • 79% Line of Credit. aBi Finance LoC (net of impairments) decreased to UGX 97.9bn from UGX 106.7bn in 2019. The decrease is mainly due to the 79% decrease in loan disbursements to UGX 9.9bn in 2020 from UGX 48bn in 2019.
  • UGX 9.8bn Cash balances. aBi Finance cash and bank balances rose from UGX 1,157,102,000 in 2019 to UGX 9,776,716,000 as of 31 December 2020.
  • UGX67.2bn Fixed deposits. aBi Finance fixed deposits with commercial banks rose from UGX 56,086,056,000 to UGX 67,203,384,000 as of 31 December 2020.
  • UGX 7.8bn Expenditure. The general and operational expenditure of aBi Development Ltd at UGX 7.8bn (UGX 12.4bn less the recharge cost to aBi Finance Ltd and NURI of UGX 4.6bn) was comprised mainly of staff-related costs of UGX 6.2bn, consultancy costs of UGX 1bn and depreciation of UGX 0.9bn.
  • UGX653m Covid-19 Relief. aBi waived USh 653M in guarantee fees, rescheduled lines of credit for 21 out of the 28 partner FIs (75%), approved rescheduling of agribusiness booked on the ALG and budget reallocations for 50% of the project under FSD as relief to its partners.

Our Development Partners

Agribusiness is our Business