Africa Deal Roundup: 15 deal, fundraising and exit announcements in January
ABC Fund supports cocoa farming in Ivory Coast issuing financing ahead of 2020/2021 season
The ABC Fund invests in Ecookim to improve the livelihoods of smallholder farmers in Côte d’Ivoire
The Agri-Business Capital (‘ABC Fund’) has provided a loan of EUR €800,000 to the Enterprise Cooperative Kimbe (‘Ecookim’) ahead of the 2020/21 cocoa production season. Such advanced financing is crucial in ensuring smallholder farmers do not lose the valuable benefits of being part of a cooperative. Ecookim is a union of 29 cooperatives located in […]
Developing energy project developers, Africa’s creative economy, India’s smallholder farmers, Haiti’s solar scale-up, betting big on electric mobility
Off Grid Electricity Fund invests Energy Systems Group to bring solar electricity to Haiti
More than half of Haiti’s population lack access to reliable electricity. The Haitian government established the Off Grid Electricity Fund to electrify 200,000 households in Haiti within 10 years. The fund has provided a $500,000 working capital loan to Energy Systems Group, which sells low-cost solar products, such as lanterns and solar home systems, to off-grid households […]
ESG Group SA secures working capital to electrify Haiti
Tech4good More than a trend
More than a trend, the future of investments for investors, entrepreneurs, and beneficiaries The sustainable finance professionals are often seen by traditional finance stakeholders as utopist dreamers that do not have enough means to change the world. It can indeed be idealistic, but it is useful to be reminded about the “drop in the ocean” […]
Bamboo Capital handed $40m fund management role targeting Madagascar electricity access
Impact investor Bamboo Capital Partners has been tapped up to manage a $40m renewable energy access fund by the Government of Madagascar and the World Bank. The Off-Grid Market Development Fund aims at increasing access to electricity in Madagascar via off-grid solar energy solutions, from solar lamps to entry-level Solar Home Systems (SHS). Read the […]
The ABC Fund scales agriculture SMEs in Kenya and Uganda with $2 million revolving credit facility for FACTS
The Agri-Business Capital Fund (ABC Fund) has signed an agreement for a $2 million revolving credit facility to FACTS Advance BV (FACTS) to provide short-term trade finance solutions for SMEs in Kenya and Uganda primarily operating in the agriculture sector. FACTS provides short-term working capital loans to SMEs, agribusinesses, and emerging entrepreneurs in Africa through […]
The ABC Fund has been awarded the LuxFLAG ESG Label
The Agri-Business Capital Fund (‘ABC Fund’) has qualified for the ESG Label awarded by independent investment fund rating agency LuxFLAG. LuxFLAG is a non-profit association created in Luxembourg in July 2006 and has established itself as a market benchmark for sustainable finance. Its objective is to reassure investors that funds follow environmental, social, and governance […]
