We're supporting low- and middle-income households and MSMEs across Sub-Saharan Africa through the Regional MSME Investment Fund for Sub-Saharan Africa "REGMIFA". REGMIFA is a debt fund we've invested in since 2010, which is managed by our long-term partner Symbiotics. The fund reaches financial institutions that on-lend to MSME end-borrowers that are either too small or risky for us to directly invest in, and is active in countries outside of our portfolio (such as Niger, Angola, and Mali). Through our USD 10 mln investment—which qualifies as both 100% Reducing Inequalities and 2X Challenge-aligned—we'll be able to support income and job generation and help foster #economicdevelopment across the SSA region, with REGMIFA also providing technical assistance to its investees. We look forward to jointly increasing our impact throughout the region via REGMIFA! #ImpactInvesting #DevelopmentFinance
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Calling all Catalytic Capital Providers in Nigeria! 🇳🇬 Are you deploying capital to drive positive change? If your organisation is deploying capital that is patient, risk-tolerant, concessionary, and flexible in ways that are different from conventional investments, we want to hear from you! The Impact Investors Foundation is collaborating with The Nigeria Philanthropy Office and Impact Investing (NPO) to conduct a survey to map the landscape of impact capital in Nigeria and its role in achieving the Sustainable Development Goals (SDGs). Please, complete the survey if you/your organisation is a 🏷 Development Finance Institution (DFI) 🏷Philanthropic Organisation/ Foundation 🏷Impact Investor 🏷Private Equity and Venture Capital Firm 🏷Family Office 🏷Angel Investors Your participation will help us identify organisations using catalytic capital, understand the impact of these investments and shape the future of sustainable development in Nigeria. The survey takes 5 minutes to complete. Click here to participate: https://lnkd.in/dhrMVXCq #Nigeria #ImpactInvesting #CatalyticCapital #SDGs #IIFNigeria The Tony Elumelu Foundation Kuramo Capital Management PEVCA Nigeria Àrgentil Capital Management Limited (ACML) Mastercard Foundation Africa Growth Fund United Nations Capital Development Fund (UNCDF) UNDP UN Women British International Investment Verod-Kepple Africa Ventures Catalyst Fund
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🚩🚩🚩💰💰Nigeria plans to establish a $10 billion diaspora fund to attract investment from its citizens living abroad. The fund aims to support critical sectors such as infrastructure, healthcare, and education to bolster the economy. The Ministry of Industry, Trade, and Investment is seeking bids from asset managers to set up the fund. The initiative aims to strengthen ties between Nigeria and its diaspora, leveraging their potential as agents of change. Interested firms are encouraged to apply by May 6, with proposed asset offerings including infrastructure, credit, and venture capital funds. #Nigeria #DiasporaFund #Investment #Infrastructure #Healthcare #Education #Economy #AssetManagers #Naira #ForeignExchange #Remittances #WorldBank
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Group CEO @ MNCapital Group | Financial Risk Management | Father | Manchester United
Join us for the 8th Africa Investment Funds and Asset Management (AIFAM) Forum, hosted by MNCapital Group and strategic partners! From November 6th-8th, 2024, Kigali, Rwanda will be the place to be for captivating dialogues, unparalleled networking opportunities, and actionable insights that will shape the future of investment in Africa. Under the distinguished theme of "Sustainable Finance and Alternative Investment Strategies for African Pension Funds," this premier event is set to ignite insightful discussions and innovative strategies for driving sustainable growth across the continent. Explore new horizons in investment and asset management with us as we delve into the evolving financial landscape of Africa. Don't miss this chance to be part of a groundbreaking event shaping the future of sustainable investing in Africa! For Sponsorship, Speaking and Participation enquiries, please contact Michael Ndinisa at michael@mncapitalgroup.com. #AIFAMForum #InvestmentAfrica #SustainableFinance #AlternativeInvesting #AssetManagement #AfricanPensionFunds #Kigali2024 #InvestmentLeaders #SustainableGrowth #StrategicPartnerships #MNCapitalGroup #InvestmentInsights #AfricaInvestment #FinancialInnovation #InvestmentStrategies #FutureOfInvestment #ImpactInvesting
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#FlashbackFriday to a memorable moment in 2022 when our founder- Adesuwa Okunbo Rhodes took the stage as a moderator at the inaugural PEVCA Nigeria conference. The event was a knowledge-packed affair, gathering industry leaders to explore the theme "Private Capital for National Development - The Road Ahead." As proud headline sponsors, Aruwa Capital Management was excited to contribute to this crucial discourse within the private equity and venture capital landscape in Nigeria. The conference covered a wide spectrum of topics, delving into the intricate dynamics of leveraging private capital for national growth. The highlight for us was the insights gained from the panel session titled “Fundraising - Unlocking Local Capital.” This dynamic conversation captured insights from pension fund administrators (PFAs), general partners (GPs), and legal and regulatory experts, creating a holistic view of the fundraising landscape. Curious to dive deeper into the enlightening discussions and insights shared during this insightful event? Unlock the details in our founder's article, where she encapsulates the essence of the conference, its implications for the industry's future and steps to truly Unlocking Local Capital! 👉 Read the full article here- https://lnkd.in/dZ9Yture #aruwacapital #flashbackfriday #pevcaconference #privatecapital #nationaldevelopment #impactinvesting #locallyowned #africansolutionstoafricanproblems
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Development Finance Enthusiast | Sustainable Economic Development | International Relations | Economic Diplomacy
Steady progress being made towards addressing MSMEs Development, MSMEs Finance and MSMEs Sustainability. This feat is a step in the right direction given that MSMEs are a key section of the major enablers of private sector expansion.
Today marks a significant milestone as the Development Bank Ghana, in collaboration with the Bank of Ghana and the University of Ghana Business School, signed a memorandum of understanding (MOU) for a collaborative project titled "MSMEs Innovative Finance Project." Launched today, the project aims to address financing constraints for Micro, Small, and Medium-sized Enterprises (MSMEs) in Ghana and explore innovative financing options that can be deployed to drive the growth of the MSMEs sector. This initiative builds upon the foundation laid by the Ghana Integrated Financial Ecosystem (GIFE), a collaborative effort spearheaded by the Bank of Ghana, Development Bank of Ghana, and the Monetary Authority of Singapore. The platform aims to modernize and digitize Ghana's financial sector, focusing on SMEs financial empowerment and action and providing a global business networking platform to enhance efficiency and accessibility for MSMEs growth and sustainability. Despite MSMEs playing a critical role in socio-economic development of, the sector is faced with challenges in accessing finance. At DBG, we are committed to providing innovative and sustainable financing solutions tailored to their needs. Together with stakeholders, we are paving the way for growth and prosperity in Ghana's MSME sector, leveraging digital transformation and innovative finance. #dbg #doitdifferent #bankofghana #ugbs #collaborations #partnerships #msmes #finance #ghanaprosperity
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📊 We are delighted to share the key facts from our 2023 #PrivateCapital Activity in Africa report, providing analysis on the latest trends of #fundraising, #investments, and #exits unfolding across the continent in 2023. If you have any questions, please don't hesitate to reach out to research@avca.africa Read the full report: https://lnkd.in/eD3b8c9J Key Facts: 🔸 450 reported deals in 2023, marking Africa’s sharpest decline in investment volume since 2012 🔸US$5.9bn total deal value recorded in 2023, down 22% year-over-year (YoY) 🔸43 Private Capital exits were reported in Africa, a significant 48% YoY decline 🔸US$1.9bn was the total value of final closed funds in Africa in 2023, a modest decrease of 9% YoY 🔸Africa focused fund managers achieved 40 interim closes with a combined value of US$3.0bn, the highest interim fundraising volume and value on record 🔸First-time fund managers secured US$0.7bn in final closed funds, representing 35% of the year’s total commitments, a 107% YoY increase from 2022
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Following the #MSMEday, please join me in this webinar which will be an in-depth discussion on the financing of seed companies in Africa. We will hear from Value Seeds Limited in Nigeria and #MeruAgro in Tanzania how the different types of capital (grants, concessional loans, impact equity, commercial debt) have supported them to grow from a micro enterprise into an SME that they are today. What were the challenges and what made them successful? We will also hear from the capital providers Pearl Capital Partners and AECF what their learnings have been in financing seed companies, what role has Government play and how important is governance and market development? I will share some of the learnings AGRA has documented on what is different about seed companies compared to any other #agribusiness . These are documented in this paper https://lnkd.in/dDkXgXri Please join and register: https://lnkd.in/dGyX6JHa
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How can we build the impact investment market in Nigeria 🇳🇬, to ensure SMEs in health, education, and agriculture, have the capital they need to grow and prosper? 🌱📈 💵 In May 2023, the Government of Nigeria pledged to support a 50% stake in a $100 million initial investment to establish the Wholesale Impact Investment Fund (WIIF)💰🌍. The fund will be designed to grow to $1 billion over time, with target investors including Nigerian pension funds. Rather than invest directly in Nigerian SMEs, the fund will provide a source of capital for Nigerian financial intermediaries, acting as a market and ecosystem builder 🏦🌳. Ultimately will provide a source of capital for sectors critical for Nigeria’s development. The fund is sponsored by the Impact Investors Foundation IIF, Nigerian Member of the GSG National Advisory Boards, with learning and research support from the GSG, and design funding from Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH, the German development agency. 🌏🤝 Domestically-led initiatives, such as those led by the GSG-affiliated National Advisory Boards (NABs) in Ghana 🇬🇭, Nigeria 🇳🇬 or Zambia 🇿🇲, are a great example of collaborative efforts, connecting public and private finance with the demand side, solving the multiple issues around SDG finance 💡💰 in EMDEs at once. 📚 Learn more about this and other impactful strategies in the “Time To Accelerate” report (link in comments). ⬇️ #ImpactInvesting #smes #emergingmarkets #nigeria
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SMEs have got to embrace the digital world. MTN UIA have something for you in the SME space. Watch
MTN Uganda General Manager of #MTNBusiness, Ibrahim Senyonga, shares his insights at the launch of the #NationalSMEPortal. Together, we're paving the way for SME growth and empowerment. #TogetherWeAreUnstoppable Uganda Investment Authority USAID
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Group CEO @ MNCapital Group | Financial Risk Management | Father | Manchester United
Join Africa's foremost institutional investment platform at the 8th Africa Investment Funds and Asset Management (AIFAM) Forum happening on 6th, 7th & 8th November 2024 in Kigali, Rwanda! This year's theme, Sustainable Finance and Alternative Investment Strategies for African Pension Funds, promises to accelerate Africa's sustainable economic growth through institutional funds investment. Why attend AIFAM 2024? Network with Industry Leaders: Connect with decision-makers, industry experts, and stakeholders driving Africa's investment ecosystem. Gain Actionable Insights: Delve into discussions on sustainable finance, risk mitigation, and unlocking opportunities in the pension fund sector. Shape the Future: Be part of transformative collaborations that drive inclusive growth and innovation across the continent. Explore Opportunities: Discover new investment avenues and strategies that align with sustainable development goals. Don't miss out on the opportunity to explore new investment avenues and strategies that align with sustainable development goals. Secure your spot now! Early bird discounts available until 30th August 2024. #AIFAM2024 #SustainableFinance #InvestInAfrica #PensionFunds #InclusiveGrowth #AlternativeInvestments
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Financial inclusion | agri-food systems | impact investment | non-executive Board member
2wThank you, FMO - Dutch entrepreneurial development bank for continuing to support Regional MSME Investment Fund for Sub-Saharan Africa "REGMIFA"!