GIP Zambia, with $70m of initial funding, builds on a model developed by BII and its partners in Ghana to provide finance for firms overlooked by the existing banking system.
The Swedish foundation wants to invest in European firms that can solve the greatest challenges of our time, and will look to find startups that are tackling climate, health, food, education, and society more broadly.
The collaboration will offer flexible lending to small and medium-sized enterprises. Access to financing remains one of the most significant obstacles to growth for small businesses in the UK.
The senior partner at Global Ventures and founder of C3 talks to Impact Investor about entrepreneurship in emerging markets and why it has the potential to catalyse systemic change.
The fund, which is focused on business opportunites that can create a more resource-efficient food system, is supported by a range of institutional backers from Finland.
The French multi-stage venture capital fund focuses on investing in AI-powered solutions in the consumer, healthcare, financial services and energy sectors.