Objectives of the AfDB MicroGREEN Project
Overall Objective
The MicroGREEN Project aims to promote inclusive, climate-resilient economic growth in Africa by strengthening micro, small, and medium enterprises (MSMEs) operating within green and sustainable sectors, with a strong focus on youth, women, and persons with disabilities (PWDs). The project seeks to reduce poverty, create decent green jobs, and enhance environmental sustainability through targeted financial support, capacity building, and market integration.
Specific Objectives
1. Promote Inclusive Green Job Creation
To support the creation and sustainability of green jobs across climate-sensitive and environmentally sustainable sectors such as:
Climate-smart agriculture and agro-processing
Agroforestry and biodiversity conservation
Renewable energy and clean technologies
Sustainable fisheries and aquaculture
Waste management and recycling enterprises
The project prioritizes employment and entrepreneurship opportunities for women, youth (15–35 years), and persons with disabilities, thereby reducing socio-economic exclusion and unemployment in vulnerable communities.
2. Strengthen MSME Entrepreneurship and Business Capacity
To enhance the technical, managerial, and financial capacity of MSMEs by providing:
Entrepreneurship and business development training
Financial literacy and grant utilization guidance
Climate-smart business models and innovation support
Mentorship and advisory services
This objective ensures that beneficiaries can effectively manage grant funds, improve operational efficiency, and build sustainable, growth-oriented enterprises.
3. Improve Access to Finance for Green MSMEs
To reduce financing constraints faced by MSMEs by:
Providing micro-grants and catalytic funding for green enterprises
Supporting MSMEs to become investment-ready
Facilitating linkages with financial institutions, development partners, and impact investors
The project aims to bridge the financing gap for early-stage and underserved green businesses that are often excluded from traditional financial systems.
4. Integrate MSMEs into Green Value Chains and Markets
To enable MSMEs to participate competitively in local, regional, and international green value chains by:
Improving product quality and standards compliance
Supporting market access, aggregation, and distribution channels
Encouraging value addition and local processing
This objective enhances income generation, market resilience, and long-term competitiveness of MSMEs.
5. Address Structural Barriers Affecting Vulnerable Groups
To deliberately reduce gender, youth, and disability-related barriers by:
Designing inclusive grant selection criteria
Providing tailored support for women- and youth-led enterprises
Ensuring accessibility for PWD-owned businesses
Promoting equal participation in training, financing, and leadership opportunities
This aligns with AfDB’s High-5 priorities, particularly “Improve the Quality of Life for the People of Africa.”
6. Foster an Enabling Ecosystem for Sustainable MSME Growth
To strengthen the broader entrepreneurial and policy ecosystem by:
Collaborating with governments, private sector actors, and development partners
Supporting best practices in MSME development and green finance
Encouraging policies that promote inclusive, sustainable enterprise growth
This objective ensures that project impact extends beyond direct beneficiaries to the wider MSME ecosystem.
7. Support Climate Action and Sustainable Development Goals
To contribute directly to:
Climate change mitigation and adaptation
Environmental protection and sustainable resource management
Achievement of SDGs 1 (No Poverty), 5 (Gender Equality), 8 (Decent Work), 9 (Industry & Innovation), and 13 (Climate Action)
The MicroGREEN Project aligns with AfDB’s climate finance strategy, Africa’s green transition agenda, and continental development frameworks.
Expected Outcomes
Increased number of viable green MSMEs
Sustainable job creation in green sectors
Improved income levels and resilience of beneficiaries
Stronger green MSME value chains
Enhanced contribution of MSMEs to Africa’s low-carbon and inclusive economy