Bamboo Capital Partners and Smart Africa join forces for first-of-its-kind blended finance technology impact fund

Bamboo Capital Partners has signed a partnership with Smart Africa to support BLOC, the first-of-its-kind blended finance technology impact fund (‘BLOC’) managed by Bamboo. The partnership was announced today at the Transform Africa Summit in Kigali, Rwanda, in a signing ceremony between Lacina Koné, Director General of Smart Africa and Bamboo Managing Partners Jean-Philippe de Schrevel and Florian Kemmerich. The partnership will open up the Smart Africa network to BLOC and support fundraising efforts, provide access to local and regional technology ecosystems, including incubators and accelerators, and help sourcing deal flow. BLOC will invest in businesses and scalable technology-led solutions that create opportunities and services for underserved communities in emerging markets. Under the umbrella of Smart Africa – a pan-African initiative to accelerate sustainable socioeconomic development – contributing countries will help start-ups access the pan-African market and effect a real, measurable social and environmental impact.