GroFin - Why Iraq makes a compelling case for Impact Investments

Why Iraq makes a compelling case for Impact Investments

In December 2017, Iraq confirmed it had defeated the Islamic State in Iraq and Syria (ISIS) group, three years after the jihadi group swept through the country, seizing some of its largest cities and wreaking havoc on the local population. Now, authorities estimate Iraq needs nearly US$90 billion to restore the country that has been

GroFin Women Entrepreneurs in Tanzania

Giving women entrepreneurs their place in the sun

Women entrepreneurs play a pivotal role in the private sector comprising micro, small and medium enterprises in Tanzania. Women owned enterprises increased from 35% in early 1990s to 54.3% in 2012, according to estimates by the International Labour Organisation (ILO). The ILO Women Entrepreneurs Survey 2014 revealed that 85% of women interviewed in Tanzania financed

Yak Fair Trade Agribusiness - GroFin-Rwanda Client

GroFin Deepens Agribusiness Reach in East Africa

After transforming Rwanda into a model for conflict-affected states, the Government of Rwanda is now focusing its reform efforts on a vital needs sector: agribusiness. What makes this sector so crucial is that over 75% of Rwanda’s workforce is concentrated in agriculture. Against this backdrop, GroFin is deepening its efforts to reach out to agribusinesses

GroFin Jordan Client - Arabella for Aluminium

As Jordanian SMEs grow, Syrian refugee livelihoods bloom

Jordan has witnessed a significant refugee influx over the last seven years. This has placed a huge strain on economic infrastructure, service delivery and employment avenues alike. Representing a population of nearly 1.3 million, the vast majority of Syrians who fled to Jordan since war broke out in their country in 2011 live outside official

Millennial movement: Why the young are impact investment’s big hope

Millennial movement: Why the young are impact investment’s big hope

Even as ‘The Economist’ noted in an authoritative piece at the start of 2017 that impact investing has come of age, moving into 2018 it looks like the rise of impact investing is indeed an age-related phenomenon. Powering the growth of impact investing are the millennial youth, the freshly minted generation of the 1980s and

GroFin Ivory Coast Client - Ecole des Spécialités Multimedia d’Abidjan (ESMA)

GroFin Ivory Coast client expands digital education reach

Ivory Coast is facing challenges in catering for a rapidly rising labour force, counting 14 million workers in 2015 and poised to rise to around 22 million by 2025. As more and more workers enter the emerging economy, the issue is not so much employment for everyone, as it is to guarantee a decent wage. Indeed,

GroFin Senegal

GroFin opens 16th office across Africa and MENA, to invest in SMEs in Senegal

GroFin, a pioneering SME development financier, has opened its office in Senegal, furthering its expansion into West Africa’s Francophone belt after Ivory Coast. With the opening of this office, Senegalese entrepreneurs can expect to benefit from the unique model of appropriate, medium-term finance and specialised, value-added business support that GroFin extends to Small and Growing

GroFin Client - Five Builders Construction - Egypt

How young Arab entrepreneurs are powering job creation

Moving away from their historical over-reliance on the public sector, Arab youth are empowering themselves by pursuing entrepreneurship avenues and these young Arab entrepreneurs are creating employment at scale The eighth United Nations Sustainable Development Goal (SDG) calls for promoting “inclusive and sustainable economic growth, employment, and decent work for all.” A new report by the

GroFin Healthcare Client - Ebony Clinic, South Africa

Ebony Clinic: Quality healthcare for South Africans with GroFin’s support

With an overwhelming majority of the population at 97.6% consisting of native South Africans, and only half the households having access to piped water, Kaalfontein in Johannesburg is a typical township that is struggling to cater for a high BoP population. While townships are economically and politically significant in South Africa, they continue to lurk

GroFin Herbal Healthcare Client - Jim Products, Nigeria

Banker turned Herbalist: Jim Products Limited, Nigeria

Nigerian banker-turned entrepreneur Mikail Jimoh is the founder and Managing Director of Jim Products Limited (JPL). He worked in the banking industry for over 10 years before joining Anisere Herbal Consults to deepen his knowledge of herbal products prior to setting up JPL in 2001. The business commenced production of herbal products in 2002 for

Women Empowerment in Africa through GroFin Client - GAEA Foods, Kenya

What businesses can do to promote women empowerment in Africa

“Eliminating gender inequality and empowering women could raise the productive potential of one billion Africans, delivering a huge boost to the continent’s development potential,” notes the African Development Bank on women empowerment. In this context, businesses have a key role to play in advancing women’s economic empowerment in Sub-Saharan Africa (SSA). In addition to their human

GroFin Healthcare Client - Grand Care Hospitals, Port Harcourt, Nigeria

Grand Care Hospitals Nigeria – Bringing Quality Private Healthcare to Port Harcourt

Entrepreneur Dr. Eke James Amuche is a happy man these days. A number of critical cases have been successfully treated at Grand Care Hospital (a private healthcare facility) in Bayelsa State with its recently purchased fully equipped ambulance and emergency equipment , which would not have been possible previously. From a radiant warmer that has been used to

GroFin Client, Highland School, Rwanda

Impact investing comes of age, set to revolutionise the investment world

As impact investing comes of age, to quote the Economist, it is time to take a look at the largest survey of the Impact Investment landscape, and see how this nascent industry is fast becoming a mainstream phenomenon. A decade into the creation of a formal impact investing industry, the Global Impact Investing Network (GIIN)

GroFin Education Client - Firm Foundation Ghana

Impact Investing & Education – Learning to make a difference in Africa

Africa’s education story is waiting to be written, but whether it will be written by Africa’s children is a pressing question that haunts the emerging continent. Consider this – Sub-Saharan Africa (SSA) still has 30 million children out of school, and tertiary education is suffering from severe capacity constraints. SSA is also the worst-performing region

GroFin Client - Firm Foundation Ghana

Firm Foundation Ghana – GroFin Client and School of Choice

Firm Foundation Ghana has become the school of choice for parents in the catchment area and is consistently the top performing school in the Ga West area for the Basic Education Certificate Examination (BECE). An average of 25% of students that obtain their BECE at Firm Foundation continue their education through tertiary institutions. The school’s student

Kenyan Entrepreneur, Pamela Muyeshi and Amaica Restaurant

Congratulations to Kenyan Entrepreneur, Pamela Muyeshi, for her phenomenal success with the Amaica Restaurant

Kenyan Entrepreneur Pamela Muyeshi has always had a passion for traditional and authentic Kenyan cuisine. So, it’s no surprise that Amaica Restaurant in Nairobi, would successfully grow to serve a customer base of roughly 43,000 diners per year, and triple its employment level to meet the growing demands of its customers. Since receiving GroFin finance in