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 € 2,000,000.00 (2021)Middle East & North Africa, Egypt, Sub-Saharan Africa, Kenya, Nigeria, South Africa
Equity € 2,000,000.00 (2021)Asia, India
Sub-Saharan Africa, Ethiopia, Kenya, Rwanda, Tanzania, Uganda
Equity € 1,500,000.00 (2020)Sub-Saharan Africa, Democratic Republic of Congo, Uganda
Asia, Bangladesh, India
Lendable Inc., a leading emerging market fintech credit provider, is targeting a ground-breaking USD 100 million closed-ended fund focused on emerging and frontier market fintech investments.
Through European Financing Partners - a joint venture between the European Investment Bank (EIB) and several European DFIs - the Belgian Investment Company for Developing Countries (BIO) is investing EUR 1.56 million in the production of covid and other vaccines in Africa.
Money is getting greener. The superlative in sustainable investing today is "impact investing". A growing global market that is already worth more than $700 billion.
Article originally appeared in MT Magazine in Dutch.