$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, […]
Standard Bank Group, Citi, Norfund and CDC Group partner to fund USD$75M sustainability-linked facility in East Africa
Standard Bank Group, Citi, CDC Group and Norfund have partnered to provide a USD75M equivalent KES denominated Sustainable Finance Facility for Greenlight Planet Kenya, Africa’s leader in off-grid solar home solutions. The transaction will allow Greenlight Planet to expand access to off-grid solar solutions to off-grid communities throughout Kenya and support its ambitions to reach an […]
The ABC Fund deploys more capital to support agribusinesses in West Africa
The ABC Fund is investing a total of EUR 1.6 million in two companies in the shea sector, in Mali and Côte d’Ivoire. The capital injection is into two shea butter processors – Mali Shi, based in the surroundings of Bamako, Mali, and Bio Amandes, in the northern region of Côte d’Ivoire. This follows previous […]
Smallholder farmers in West Africa receive boost after the ABC Fund invests USD 1.8 million through microfinance institution
The ABC Fund has invested USD 1.8m in the Union Nationale des Caisses Rurales d’Epargne et de Prêt (‘UNACREP’), a microfinance institution in Benin, West Africa. This follows previous investments in Burkina Faso, Ghana, Mali and Côte d’Ivoire, Kenya, Uganda, Ecuador and Bolivia.
The ABC Fund supports Bolivian microfinance institution CIDRE IFD with multi-million-dollar investment
The ABC Fund is announcing today that it is investing USD 4.7 million in Centro de Investigación y Desarrollo Regional (CIDRE IFD), a microfinance institution providing financial support to smallholder farmers in Bolivia. CIDRE IFD is a microfinance institution which provides financial solutions helping to improve the lives of thousands of farmers and their families […]
SDG focused impact at scale targeting USD$1 Billion by 2023
Bamboo Capital Partners, the asset management arm of Palladium, today confirmed its commitment to deploy USD$1billion of impact investments over the next three years – at the latest. This comes as the pioneering impact investor publishes its 2020 Impact Report. Despite the challenges of Covid-19, Bamboo delivered a positive impact on additional nine million lives […]
The ABC Funds invests USD$1 million in high impact ag-tech helping small scale farmers maximise profitability
The Agri-Business Capital Fund (‘ABC Fund’) has invested USD$1 million in Apollo Agriculture (‘Apollo’), a Kenyan ag-tech that uses machine learning and automated operations technology to help small-scale farmers access the resources they need to maximize their profitability. Apollo Agriculture (‘Apollo’) is a Kenyan ag-tech that provides an optimized bundle for farmers that includes advice, […]
The BUILD Fund makes inaugural investment into East African off-grid solar energy solutions distributor
The BUILD Fund (‘BUILD’), an impact fund created in partnership between Bamboo Capital Partners (‘Bamboo’) and the United Nations Capital Development Fund (‘UNCDF’), has made its inaugural investment, providing a USD$500,000 working capital facility for Mwezi Ltd (‘Mwezi’), a Kenyan distributor of solar products. Mwezi is a distributor of solar products which improve the health, […]
The ABC Fund provides three West African agri-businesses with commitments totalling €1,000,000 to support future expansion
The Agri-Business Capital (‘ABC Fund’) has provided loans to three agri- businesses to support their working capital needs and expansion, enabling higher rural employment and securing market access for farmers in their respective sectors. The two loans in the mango sector enable the provision of financing to SMEs that usually do not have access to […]
Bamboo Capital Partners named in ImpactAssets 50 for 10th consecutive year
Bamboo has been named in the ImpactAssets 50 2021 list ‘IA 50’ for the tenth consecutive year. For the first time, Bamboo was also named as an Emeritus Impact Manager by ImpactAssets. This year marks the tenth edition of the ImpactAssets 50, and despite a tumultuous year, total assets under management (AUM) among selected fund managers […]
