Venture Capital Trust Fund

"About us

 

The Venture Capital Trust Fund (VCTF, Trust Fund) was established by ACT 680, 2004 as a Government of Ghana initiative to provide low cost financing to businesses so they can grow, create jobs and wealth.

The vision of Government is that this scheme will enrich businesses with enough resources to create jobs...."

 

http://www.venturecapitalghana.com.gh/index.php 

Swedfund

"Swedfund specialises in complex, high-risk investment environments. As an investment company, we have more than 30 years of experience in emerging markets and an extensive international network.

Risk capital and financial support

Swedfund offers equity, loans and expertise for investments in Africa, Asia, Latin America and Eastern Europe. We cooperate with strategic partners that are looking to start up or expand their business in a new market. The partner must be willing to take operational control and to share the financial risk with Swedfund. All investment decisions are made in a professional, businesslike manner.

Swedfund also offers financial support to small and medium-sized Swedish enterprises in the form of depreciation loans for investment in knowledge transfer and equipment. The project must be based on long-term commercial cooperation between the Swedish enterprise and a company in the target country.

At a later stage or as part of a larger investment, a well-conducted project with financial support can serve as a gateway to investment financing from Swedfund.

Our competence

At present, we have 26 employees working with risk capital investments and financial support. We are familiar with local business practices and have well-established contacts with the companies, organisations and public agencies of the countries in which we invest.

Our legal counsel specialise in international business law. They participate throughout the investment cycle and have extensive experience in drawing up contracts and providing ongoing assistance...."

 http://www.swedfund.se/en/

Soros Economic Development Fund

"About Us

Mission Statement

The Soros Economic Development Fund (SEDF) supports economic development in post-conflict countries and in nations transitioning to democracy. We promote economic opportunities and access to information, products and services for underserved populations. We invest in sustainable businesses or initiatives that strive to alleviate poverty by creating jobs and revitalizing deteriorating communities. SEDF is a nonprofit private foundation that is part of the Open Society Foundations, a network of charitable foundations created by investor and philanthropist George Soros.  Established in 1997, SEDF has over $200 million in investment capital and employs 15 people in New York, Budapest, Freetown, Johannesburg and Nairobi.

Investment Criteria

Investments amounts range between $500K and $10 million. SEDF is dedicated to helping talented management teams and entrepreneurs build value in their companies. We focus on ambitious projects that:

• Are Innovative – Each project should create, deliver or provide access to information, goods or services that address a critical need for the underserved populations in our strategic and geographic focus areas;
• Generate Multiple Social Benefits – Each project must create jobs, increase the incomes of an underserved population and / or promote community development;
• Demonstrate Sustainability and Profitability – Each project must show the potential for financial sustainability and eventual profitability within a five- to seven-year period, including the ability to cover operating expenses with operating revenues;
• Involve Strong Local Management – We look for strong locally based management teams that have relevant experience, proven success and clear leadership in their chosen field; and
• Meet the Internal Revenue Services’ Program-Related Investment Criteria...."

 http://sedfny.org/about-us.html

DEG

"DEG is an experienced partner for private-sector companies investing in developing and emerging-market countries. Together with our clients we develop financing packages which are tailor made to the specific investment project and its risks. Furthermore, we offer individual advice in all phases of a project. DEG also runs special programmes on behalf of the federal government, promoting entrepreneurial measures with an impact to development.

The mission of DEG, a subsidiary of KfW, is to promote business initiative in developing and emerging market countries as a contribution to sustainable growth and improved living conditions of the local population. To this end, we make long-term financing and advice available to private enterprises investing in these countries.

To be precise:

• We finance direct investments in our partner countries in order to make a sustainable contribution to advancing their economic development.
• We make long-term investment capital available as a means to share the risks arising from the investments and to make them less vulnerable to crises.
• We give advice to companies on questions related to risk analysis and product development.
• We invest in undertakings in all sectors of the economy, ranging from agribusiness to the manufacturing industry and services to infrastructure.
• And we promote the development of the financial sector while strengthening local capital markets in order to facilitate reliable access to investment financing on the ground, especially for small and medium-sized enterprises. By doing so, we contribute to additional growth effects.
• We use almost exclusively own funds rather than budget funds from the Federal Government.
• We are guided by international standards for environmental and social sustainability.
• We pay particular attention to ensuring that our investments generate positive development impacts in our partner countries. DEG thus contributes to the Millennium Development Goals, which are a joint commitment of industrial and developing countries to tackle poverty in a sustainable manner..."

 https://www.deginvest.de/International-financing/DEG/Die-DEG/Was-wir-tun/

African Development Bank (AfDB)

"Mission & Objective

The overarching objective of the African Development Bank (AfDB) Group is to spur sustainable economic development and social progress in its regional member countries (RMCs), thus contributing to poverty reduction
.
The Bank Group achieves this objective by:

• mobilizing and allocating resources for investment in RMCs; and
• providing policy advice and technical assistance to support development efforts.

In 2000, all multilateral development institutions have agreed on a same set of objectives, called the Millennium Development Goals (MDG). They are:

Millennium Development Goals

• Eradicate extreme poverty and hunger
• Improve maternal health
• Achieve universal primary education
• Combat HIV/AIDS, malaria and other diseases
• Promote gender equality and empower women
• Ensure environmental sustainability
• Reduce child mortality
• Develop a global partnership for development..."

 http://www.afdb.org/en/

IDF Managers

"About Identity Development Fund Managers - Learn More About Us

IDF Managers is an entrepreneurial SME development financier that provides innovative financial and non-financial support services to black owned, women owned and youth owned businesses. We support businesses that demonstrate innovation, commercial viability, scalability and contribute to our country’s socio-economic development and in particular job creation.

IDF Managers was formerly established in 2008 by Identity Partners, a black women owned and managed investment holding company. We manage four funds on behalf of both institutional and corporate enterprise development investors.

Our client portfolio is spread across a number of economic sectors in all the nine provinces of South Africa...."

 http://www.idf.co.za/

Industrial Development Corporation of South Africa (IDC)

"What we do

We drive industrial development

We provide finance for industrial development projects, playing a catalytic role in promoting partnerships across industries within and outside our borders, promoting regional economic growth.

We do this by:

• Proactively identifying and funding of high-impact and labour-intensive projects;
• Leading the creation of viable new industries;
• Using our diverse industry expertise to drive growth in priority sectors; and
• Taking up higher-risk funding projects.

Caring for the environment

We support responsible environmental practices and integrate them into all our activities by:

• Encouraging compliance by all our applicants;
• Managing the impacts of all projects;
• Promoting the responsible use of all resources; and
• Encouraging the use of environmentally-friendly products...."

http://www.idc.co.za/about-the-idc/overview