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Annual Report 2012 - African Agricultural Technology Foundation

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AATF <strong>Annual</strong> <strong>Report</strong> <strong>2012</strong> 59<br />

Financial <strong>Report</strong><br />

These audited financial statements cover the period from January <strong>2012</strong><br />

through December <strong>2012</strong> and provide comparative data for the previous<br />

accounting period, 2011.<br />

Funding overview<br />

AATF investors for the year <strong>2012</strong> were:<br />

l Bill & Melinda Gates <strong>Foundation</strong><br />

l Howard G. Buffett <strong>Foundation</strong><br />

l PepsiCo<br />

l Rockefeller <strong>Foundation</strong><br />

l United Kingdom’s Department for International Development<br />

l United States Agency for International Development<br />

Sub-grants were received from:<br />

l International Maize and Wheat Improvement Center (CIMMYT)<br />

l International Institute of Tropical Agriculture (IITA)<br />

The funds from CIMMYT and IITA are from the Bill & Melinda Gates<br />

<strong>Foundation</strong> grants for the Integrated Striga Management for Africa, the<br />

Aflatoxin Control in Maize and Peanuts and the Commercial Products II<br />

projects to execute project specific tasks. A grant was also received from<br />

PepsiCo, the first private company to financially support AATF.<br />

AATF is grateful to all its investors for their continued support that is<br />

ensuring that its commitment towards assisting resource-constrained<br />

farmers’ access affordable agricultural technologies to improve their lives<br />

is achieved.<br />

Deploying agricultural technologies for farmers

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