$500M Fund for Local Businesses to help Tackle Economic Crisis in Lebanon

Lebanon is facing economic collapse, with unemployment and inflation at record levels. Global impact firm Palladium, its asset management arm Bamboo Capital Partners, and economic empowerment platform, Cedar Oxygen, have teamed up to develop the $500M Lebanon Economic Empowerment Fund (LEEF). LEEF will provide much-needed credit to help local businesses improve their competitiveness, maximise production, and create jobs – bolstering the nation’s “real economy”.