Bamboo Capital Partners, Government of Togo and Moeda Seeds Bank launch first-of-its-kind blended finance technology impact fund with €100 million target

Bamboo Capital Partners, the Government of Togo and Moeda Seeds Bank (“Moeda”), a Brazilian micro-finance technology company, today announce the launch of the BLOC Fund (“BLOC”) at the African CEO Forum in Kigali, Rwanda. BLOC is the first impact fund in the world which uses blended finance to exclusively invest in companies that use new technologies, in particular blockchain, to benefit the low- and middle-income populations in emerging markets. It demonstrates the joined ambition from public and private investors to tackle social and environmental challenges, leveraging innovative business models leapfrogging emerging markets and poverty. The Fund will focus on five key sectors: energy, education, FMCG, financial inclusion and healthcare.