You'll never make the world sustainable with only public money
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."
An article has been published in Trends about the first closing of the SDG Frontier Fund.
SDG Frontier Fund
Equity € 1,500,000.00 (2020)Sub-Saharan Africa, Democratic Republic of Congo, Uganda
EDFI AgriFI and BIO each commit to finance the equivalent of EUR 3 million in USD to reinforce Alterfin’s sustainable agriculture and microfinance portfolios. The combined investment will provide Alterfin with long-term financing to support its expansion in Africa, Latin-America and Asia. The financing from BIO will likely also be accompanied by technical assistance, a first for Alterfin.
The Belgian Investment Company for Developing Countries recently
began disbursing funds as part of a four-year loan of USD 1.5 million to
FINCA Malawi, a microfinance institution (MFI) owned by the US-based
firm FINCA Impact Finance.
Business continuity planning is a component of building business resilience in normal times and is especially critical in cases of large disasters. For businesses to survive, they must be able to adapt their operations to the new environment.