SDG Frontier Fund
BIO has invested EUR 6.33 M in equity in the SDG Frontier Fund, a closed-ended, self-managed private equity fund of funds.
Type of investment
Investment Companies & Funds
Fund of Funds
SDG Frontier Fund
The SDG Frontier Fund is a closed-ended self-managed private equity fund of funds (FoF), focusing on SME’s across sectors in frontier markets of Africa and Asia to promote job creation and sustainable economic growth. It aims to invest in 5 to 12 private equity funds and will only invest in funds in which BIO has invested.
Made possible through this investment
African Rivers Fund III
Democratic Republic of Congo, Uganda
The SDG Frontier Fund has invested EUR 1.5 M in equity in the African Rivers Fund III, an SME fund which invests in small and medium-sized enterprises in Central and Eastern Africa.
Ascent Rift Valley Fund II
Ethiopia, Kenya, Rwanda, Tanzania, Uganda
The SDG Frontier Fund has invested EUR 2 M in equity in Ascent Rift Valley Fund II, an SME Fund targeting fast-growing SMEs in Eastern Africa.
South Asia Growth Fund II
The SDG Frontier Fund has invested EUR 2 M in the South Asia Growth Fund II LP (SAGF II), a 10-year closed-end investment fund that will invest in energy efficiency and clean energy sectors.
Incofin India Progress Fund
The SDG Frontier Fund has invested EUR 2 M in equity in the Incofin India Progress Fund, a Financial Inclusion and Agribusiness Fund focused on India.
Excelsior Capital Vietnam Private Equity Fund
The SDG Frontier Fund has invested EUR 2 M in Excelsior Capital Vietnam Private Equity Fund, a private-equity fund focused on Vietnam.
Cathay Africinvest Innovation Fund
Egypt, Kenya, Nigeria, South Africa
The SDG Frontier Fund has invested EUR 2 M in Equity in the Cathay Africinvest Innovation Fund Ltd, a Pan African SME Fund.
Read impact and news about this project
An interview with Luuk Zonneveld, An-Heleen De Greef & Eric Van
Den Bossche on the SDG Frontier Fund, published in Eventail on the 10th of December, written by Cédric Boitte. This article was published in French.
Financial return is worth twice as much if it also helps the world move forward. The Belgian government and business world collect 50 million euros for sustainable investments in the African and Asian private sector. "Investing is better than giving," says driving force Alexander De Croo, Minister of Development Cooperation. "You will only see a return on your investment if it has really made a difference."