AAF is an agricultural and food focused fund managed by Phatisa, an African private equity fund manager, servicing a range of sectors across sub-Saharan Africa. TAF is funded primarily by the European Commission and managed by the International Fund for Agricultural Development (IFAD). It is co-sponsored by the Italian Development Corporation, United Nations Industrial Development Organisation (UNIDO) and Alliance for a Green Revolution in Africa (AGRA). The Technical Assistance Facility (TAF) aims to enhance the developmental impact of the African Agriculture Fund (AAF) investments by providing technical assistance and improved access to rural financial services. This assistance is provided to those outgrowers supplying AAF portfolio companies, and bottom of the pyramid (BoP) entrepreneurs distributing AAF portfolio company products. It also builds the capacity of the small and medium sized enterprises (SMEs) invested in by the AAF SME Fund.