Bamboo Capital Partners has been appointed by the Malagasy Government and the World Bank as the manager of the DECIM Fund (Digital and Energy Connectivity for Inclusion in Madagascar). Today, Bamboo Capital Partners officially announces the launch of the Fund during an event held in Antananarivo, Madagascar.

The DECIM Fund is a key component of the broader DECIM Project, a government initiative financed by the World Bank and implemented by the Ministry of Energy and Hydrocarbons (MEH) and the Ministry of Digital Development, Posts, and Telecommunications (MNDPT).

With an ambitious agenda, the Fund seeks to improve access to renewable energy and affordable digital tools for underserved communities and marginalized groups in Madagascar. Building on the successes of the OMDF (Off-Grid Market Development Fund), it extends its scope to also include digital connectivity.

With an initial capital of USD 97 million, the DECIM Fund supports private sector enterprises through various financial instruments, including: Results-based financing mechanisms (RBF); a catalytic grant facility; and credit lines, supported by BRED Madagasikara BP.

These tools are designed to address the growing demand for energy and digital inclusion while fostering innovation and investment in rural areas and among vulnerable populations.