Interact Climate Change Facility
BIO has granted a € 10 M loan to the Interact Climate Change Facility (ICCF), an EDFI co-financing facility dedicated to climate-friendly investments.
Amount
€ 10,000,000.00
Type of investment
Debt
Development impacts
- Local economic growth
- Access to basic services & goods
- Fight against climate change and preservation of natural resources
Beneficiary locations
Investment field
Investment Companies & Funds
Activity
Infrastructure Fund
Organisation
Interact Climate Change Facility
Domicile
ICCF is a co-financing facility committed to providing loans/guarantees in € or $ to the private sector for climate-friendly investments in countries on the DAC list. Climate-friendly investments are defined as renewable energy and energy efficiency investments or , products, transport projects or sustainable sequestration of carbon greenhouse gases.
ICCF is committed to estimating the carbon footprint of all projects in which it invests. This estimate will give information about the quantity of greenhouse gases reduced, avoided or sequestered by the projects. This will, where applicable, take into account significant aspects of the life cycle of financed products or equipment.
ICCF is an EDFI initiative, in which the following members are taking part: Proparco, SIFEM, DEG, FMO, Cofides, FinnFund, Norfund, OeEB & BIO.
In addition to these, EIB and AFD are also participating.
This loan was accompanied by an equity investment.
Development impacts
-
Local economic growth
Access to long-term financing for infrastructure: Most projects are large renewable energy infrastructure projects;
-
Access to basic services & goods
Strong focus on renewable energy
-
Fight against climate change and preservation of natural resources
Mobilizing long-term financing for climate-friendly projects, amongst which generation of energy from Renewable Sources (eg. wind farm, hydro project) and Production of equipment for renewable energy and energy efficiency projects.
Preservation of natural resources: One of the investment areas can be sustainable sequestration of carbon or greenhouse gases. (eg reforestation)
Made possible through this investment
Azito
Côte d'Ivoire
Energy - Thermal Power
Eolos I
Energy - Wind
Mongolia Wind
Mongolia
Energy - Wind
Reliance Power I
India
Energy - Solar
TICO
Ghana
Energy - Thermal Power
VESA
Honduras
Energy - Wind
View more of our investments in this region
Investment Companies & Funds
Convergence Partners Digital Infrastructure Fund L.P.
8,829,240.00
Ghana, Kenya, Nigeria, South Africa
05/07/2022
Equity
Investment Companies & Funds
Ascent Rift Valley Fund II
323,539.00
Ethiopia, Kenya, Rwanda, Tanzania, Uganda
08/02/2022
Subsidy
Investment Companies & Funds
Fefisol II
3,000,000.00
Burkina Faso, Côte d'Ivoire, Democratic Republic of Congo, Kenya, Mali, Niger, Uganda
17/05/2022
Equity
Investment Companies & Funds
Uhuru Growth Fund I-A SCP
7,063,392.00
Burkina Faso, Côte d'Ivoire, Ghana, Mali, Nigeria, Senegal
31/03/2022
Equity
Investment Companies & Funds
Uhuru Growth Fund I-A SCP
2,500,000.00
Burkina Faso, Côte d'Ivoire, Ghana, Kenya, Mali, Nigeria, Senegal
31/03/2022
Equity
Investment Companies & Funds
AfricInvest Financial Inclusion Vehicle
10,000,000.00
20/04/2022
Equity
Infrastructure
Spark + Africa Fund
2,444,790.00
Burkina Faso, Côte d'Ivoire, Ghana, Kenya, Rwanda, Senegal, Tanzania, Uganda
10/03/2022
Equity
Financial Institutions
Alterfin
80,000.00
Cambodia, Nicaragua, Peru, Côte d'Ivoire, Kenya
03/03/2022
Subsidy
Financial Institutions
Optima Servicios Financieros S.A. de C.V.
4,429,500.00
El Salvador
30/11/2021
Debt
Enterprises
Plantations et Huileries du Congo
46,918.00
Democratic Republic of Congo
18/03/2021
Subsidy
Investment Companies & Funds
Lendable MSME Fintech Credit Fund
2,994,950.00
India, Indonesia, Vietnam, Kenya, Nigeria, South Africa
20/08/2021
Equity
Investment Companies & Funds
Fonds Cauris Croissance II
5,000,000.00
Benin, Burkina Faso, Cameroon, Côte d'Ivoire, Ghana, Guinea, Mali, Niger, Senegal
05/10/2010
Equity
Investment Companies & Funds
Cathay Africinvest Innovation Fund
4,000,000.00
Egypt, Kenya, Nigeria, South Africa
21/05/2021
Equity
Investment Companies & Funds
Cathay Africinvest Innovation Fund
6,000,000.00
Egypt, Kenya, Nigeria, South Africa
21/05/2021
Equity
Investment Companies & Funds
Alterfin
20,125.00
Cambodia, Nicaragua, Côte d'Ivoire, Kenya
03/08/2021
Subsidy
Financial Institutions
Banco para la produccion y la comercializacion SA
4,257,500.00
Paraguay
31/03/2021
Debt
Investment Companies & Funds
European Financing Partners S.A.
15,000,000.00
India, Kenya, Nigeria, Senegal, Tanzania, Zambia
22/12/2020
Debt
Investment Companies & Funds
Local Currency Microfinance Fund II
3,031,680.00
Bolivia, Colombia, Dominican Republic, Ecuador, El Salvador, Guatemala, Honduras, Nicaragua, Paraguay, Peru
11/11/2013
Equity
Investment Companies & Funds
Local Currency Microfinance Fund II
725,111.00
Bolivia, Colombia, Dominican Republic, Ecuador, El Salvador, Guatemala, Honduras, Nicaragua, Paraguay, Peru
05/06/2014
Debt
Financial Institutions
The Currency Exchange Fund n.v.
7,091,000.00
Bangladesh, Cambodia, India, Indonesia, Myanmar, Nepal, Pakistan, Philippines, Sri Lanka, Vietnam, Bolivia, Brazil, Colombia, Dominican Republic, Ecuador, El Salvador, Guatemala, Honduras, Nicaragua, Paraguay, Peru, Algeria, Egypt, Iraq, Jordan, Lebanon, Morocco, Syria, Tunisia, Palestinian Territories, Benin, Burkina Faso, Burundi, Cameroon, Côte d'Ivoire, Democratic Republic of Congo, Ethiopia, Ghana, Guinea, Kenya, Madagascar, Malawi, Mali, Mozambique, Niger, Nigeria, Rwanda, Senegal, South Africa, Tanzania, Uganda, Zambia
05/09/2007
Equity
Investment Companies & Funds
Africinvest Fund II LLC.
6,000,000.00
Tunisia, Burkina Faso, Cameroon, Côte d'Ivoire, Ghana, Kenya, Nigeria, Senegal
28/08/2008
Equity
Investment Companies & Funds
European Financing Partners S.A.
5,000,000.00
India, Kenya, Nigeria, Senegal, Tanzania, Zambia
08/12/2010
Debt
Investment Companies & Funds
Interact Climate Change Facility
6,000.00
India, Mongolia, Honduras, Côte d'Ivoire, Ghana
23/02/2011
Equity
Financial Institutions
Bank of Africa Group S.A.
1,954,160.00
Benin, Burkina Faso, Côte d'Ivoire, Democratic Republic of Congo, Ghana, Kenya, Madagascar, Mali, Niger, Rwanda, Senegal, Tanzania, Uganda
30/03/2011
Equity
Investment Companies & Funds
CoreCo Central America Fund I LP
3,210,320.00
Dominican Republic, El Salvador, Guatemala, Honduras, Nicaragua
28/06/2012
Equity
Investment Companies & Funds
Agri-Vie Fund II
350,000.00
Kenya, South Africa, Tanzania, Uganda, Zambia
23/11/2020
Subsidy
Investment Companies & Funds
Kaizen Private Equity II
300,000.00
India, Philippines, Vietnam
08/12/2020
Subsidy
Investment Companies & Funds
Phatisa Food Fund 2
5,767,300.00
Ghana, Kenya, Malawi, South Africa, Tanzania, Uganda, Zambia
29/01/2021
Equity
Financial Institutions
Banco para la produccion y la comercializacion SA
3,362,807.00
Paraguay
06/03/2014
Debt
Financial Institutions
Orabank Côte d'Ivoire
10,000,000.00
Burkina Faso, Côte d'Ivoire, Guinea, Mali, Niger, Senegal
09/02/2016
Debt
Investment Companies & Funds
Cambodia Laos Myanmar Development Fund II
382,666.30
Cambodia, Myanmar
22/12/2020
Equity
Investment Companies & Funds
Cambodia Laos Myanmar Development Fund II
4,744,500.00
Cambodia, Myanmar
09/12/2016
Equity
Investment Companies & Funds
European Financing Partners S.A.
6,000.00
India, Kenya, Nigeria, Senegal, Tanzania, Zambia
21/11/2003
Equity
Investment Companies & Funds
Grofin East Africa Fund LLC.
2,211,000.00
Kenya, Rwanda, Tanzania, Uganda
25/01/2006
Equity
Investment Companies & Funds
TransAndean Early Stage Equity Fund LLC.
3,752,000.00
Bolivia, Brazil, Colombia, Peru
09/06/2003
Equity
Investment Companies & Funds
AgRIF Coöperatief U.A.
105,000.00
Cambodia, India, Mongolia, Myanmar, Bolivia, Colombia, Ecuador, Guatemala, Honduras, Nicaragua, Peru, Burkina Faso, Côte d'Ivoire, Kenya, Senegal
11/09/2018
Subsidy
Investment Companies & Funds
AgRIF Coöperatief U.A.
5,438,332.50
Cambodia, India, Mongolia, Myanmar, Bolivia, Colombia, Ecuador, Guatemala, Honduras, Nicaragua, Peru, Burkina Faso, Côte d'Ivoire, Kenya, Senegal
18/06/2015
Equity
Enterprises
Enko Education
850,000.00
Burkina Faso, Cameroon, Côte d'Ivoire, Mali, Mozambique, Senegal, South Africa
17/12/2020
Debt
Investment Companies & Funds
Zoscales Fund I
350,000.00
Ethiopia, Kenya, Rwanda, Tanzania, Uganda
23/11/2020
Subsidy
Financial Institutions
Asociacion Hondurena de Instituciones Bancarias
29,426.60
Honduras
18/12/2020
Subsidy
Investment Companies & Funds
Ascent Rift Valley Fund II
2,300,000.00
Ethiopia, Kenya, Rwanda, Tanzania, Uganda
17/12/2020
Equity
Investment Companies & Funds
Ascent Rift Valley Fund II
5,743,220.00
Ethiopia, Kenya, Rwanda, Tanzania, Uganda
23/12/2020
Equity
Investment Companies & Funds
Local Currency Microfinance Fund II
113,688.00
Bolivia, Colombia, Dominican Republic, Ecuador, El Salvador, Guatemala, Honduras, Nicaragua, Paraguay, Peru
25/06/2014
Subsidy
Investment Companies & Funds
Local Currency Microfinance Fund II
143,535.00
Bolivia, Colombia, Dominican Republic, Ecuador, El Salvador, Guatemala, Honduras, Nicaragua, Paraguay, Peru
28/01/2019
Subsidy
Investment Companies & Funds
BTS India Private Equity Fund Ltd.
3,557,000.00
India
23/06/2006
Equity
Financial Institutions
Sociedad de Ahorro y Crédito Apoyo Integral
8,733,600.00
El Salvador
28/10/2020
Debt
Investment Companies & Funds
Darby Latin American Private Debt Fund III
8,570,582.00
Brazil, Colombia, Dominican Republic, Ecuador, Peru
01/08/2018
Equity
Financial Institutions
ACEP Group
30,900.00
Burkina Faso, Cameroon, Madagascar, Niger, Senegal
30/07/2018
Subsidy
Investment Companies & Funds
AfricInvest Financial Sector Limited LLC
5,000,000.00
Burkina Faso, Kenya, Madagascar, Mali, Mozambique, Nigeria, Rwanda, Uganda, Zambia
20/12/2013
Equity
Investment Companies & Funds
African Rivers Fund III
1,500,000.00
Democratic Republic of Congo, Uganda
01/09/2020
Equity
Investment Companies & Funds
Adenia Capital III
100,000.00
Côte d'Ivoire, Ghana, Madagascar
05/05/2020
Subsidy
Financial Institutions
Alterfin
3,000,000.00
Cambodia, Nicaragua, Côte d'Ivoire, Kenya
15/07/2020
Debt
Investment Companies & Funds
African Rivers Fund III
6,113,520.00
Democratic Republic of Congo, Uganda
01/09/2020
Equity
Investment Companies & Funds
Off-Grid Solar and Financial Access Senior Debt Fund
4,385,750.00
11/10/2018
Debt
Investment Companies & Funds
Fairtrade Access Fund
350,000.00
Bolivia, Brazil, Colombia, Ecuador, Guatemala, Honduras, Nicaragua, Paraguay, Peru, Burkina Faso, Côte d'Ivoire, Ghana, Kenya, Tanzania, Uganda
07/04/2020
Subsidy
Investment Companies & Funds
Excelsior Capital Vietnam Private Equity Fund
2,000,000.00
Vietnam
07/11/2020
Equity
Investment Companies & Funds
Excelsior Capital Vietnam Private Equity Fund
8,733,600.00
Vietnam
21/01/2020
Equity
Enterprises
Centre médical de la Communauté
2,719,298.00
Democratic Republic of Congo
09/05/2016
Debt
Financial Institutions
Bank of Africa RDC
1,466,000.00
Democratic Republic of Congo
29/01/2010
Equity
Investment Companies & Funds
Zoscales Fund I
21,757.30
Ethiopia, Kenya, Rwanda, Tanzania, Uganda
12/11/2019
Subsidy
Investment Companies & Funds
Renewable Energy Asia Fund II
8,900,000.00
India, Indonesia, Philippines
03/10/2016
Equity
Investment Companies & Funds
Frontier Energy II
8,151,000.00
Kenya, Rwanda, Tanzania, Uganda
21/03/2018
Equity
Investment Companies & Funds
Renewable Energy Asia Fund
6,000,000.00
India, Philippines
09/12/2009
Equity
Investment Companies & Funds
AfricInvest Financial Inclusion Vehicle
10,000,000.00
Morocco, Côte d'Ivoire, Democratic Republic of Congo, Ghana, Kenya, Nigeria, Rwanda, Tanzania, Zambia
14/12/2017
Equity
Investment Companies & Funds
Alterfin
250,000.00
Cambodia, Nicaragua, Côte d'Ivoire, Kenya
13/12/2002
Equity
Investment Companies & Funds
Mekong Enterprise Fund
2,117,000.00
Cambodia, Vietnam
26/11/2002
Equity
Investment Companies & Funds
EcoEnterprises Partners III
6,208,300.00
Bolivia, Brazil, Colombia, Ecuador, Guatemala, Nicaragua, Paraguay, Peru
22/05/2019
Equity
Investment Companies & Funds
Fairtrade Access Fund
3,000,000.00
Bolivia, Brazil, Colombia, Ecuador, Guatemala, Honduras, Nicaragua, Paraguay, Peru, Burkina Faso, Côte d'Ivoire, Ghana, Kenya, Tanzania, Uganda
24/10/2019
Equity
Financial Institutions
ACEP Group
4,100,000.00
Burkina Faso, Cameroon, Madagascar, Niger, Senegal
14/10/2019
Equity
Investment Companies & Funds
Verod Capital Growth Fund III
8,733,600.00
Ghana, Nigeria
25/07/2019
Equity
Investment Companies & Funds
African Rivers Fund
4,118,275.00
Democratic Republic of Congo, Uganda
02/02/2016
Equity
Enterprises
Plantations et Huileries du Congo
9,741,280.77
Democratic Republic of Congo
21/12/2015
Debt
Investment Companies & Funds
FPM - Fonds pour l'inclusion financière en DRC
5,800,888.00
Democratic Republic of Congo
26/06/2014
Equity
Investment Companies & Funds
FPM - Fonds pour l'inclusion financière en DRC
242,280.00
Democratic Republic of Congo
23/04/2018
Subsidy
Investment Companies & Funds
Triple P SEA Financial Inclusion Fund
6,640,739.00
Cambodia, Indonesia, Philippines, Vietnam
14/11/2017
Equity
Investment Companies & Funds
Africa Renewable Energy Fund
8,896,000.00
Ghana, Kenya, Senegal, Uganda, Zambia
30/10/2014
Equity
Investment Companies & Funds
Beyond the Grid Solar Fund
3,185,582.00
Burkina Faso, Côte d'Ivoire, Ghana, Kenya, Nigeria, Rwanda, Tanzania, Uganda
26/10/2017
Debt
Investment Companies & Funds
Agri-Vie Fund II
6,552,700.00
Kenya, South Africa, Tanzania, Uganda, Zambia
20/01/2017
Equity
Investment Companies & Funds
Adenia Capital IV
9,000,000.00
Côte d'Ivoire, Ghana, Kenya, Madagascar
01/11/2016
Equity
Financial Institutions
ACEP group
67,512.00
Burkina Faso, Cameroon, Madagascar, Niger, Senegal
23/07/2019
Subsidy
Investment Companies & Funds
Ethos Mezzanine Partners 3
8,868,980.00
Burundi, Ethiopia, Kenya, Malawi, Mozambique, Rwanda, South Africa, Tanzania, Uganda, Zambia
13/06/2019
Equity
Investment Companies & Funds
Africa Sustainable Forestry Fund II
4,366,800.00
South Africa, Tanzania, Uganda
26/04/2018
Equity
Enterprises
Enko Education
2,000,000.00
Burkina Faso, Cameroon, Côte d'Ivoire, Mali, Mozambique, Senegal, South Africa
20/09/2018
Debt
Investment Companies & Funds
Adenia Capital III
5,000,000.00
Côte d'Ivoire, Ghana, Madagascar
28/02/2012
Equity
Investment Companies & Funds
Adenia Capital III
100,000.00
Côte d'Ivoire, Ghana, Madagascar
19/05/2016
Subsidy
Investment Companies & Funds
Adenia Capital III
150,000.00
Côte d'Ivoire, Ghana, Madagascar
28/09/2012
Subsidy
Investment Companies & Funds
Maghreb Private Equity Fund III
6,000,000.00
Algeria, Morocco, Tunisia
05/09/2011
Equity
Investment Companies & Funds
Maghreb Private Equity Fund III
2,000,000.00
Algeria, Morocco, Tunisia
16/09/2014
Equity
Investment Companies & Funds
South Asia Growth Fund II
2,000,000.00
Bangladesh, India
23/12/2020
Equity
Investment Companies & Funds
South Asia Growth Fund II
8,700,000.00
Bangladesh, India
10/05/2019
Equity
Investment Companies & Funds
Zoscales Fund I
4,169,100.00
Ethiopia, Kenya, Rwanda, Tanzania, Uganda
18/04/2019
Equity
