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

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 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)

Supporting Small Growing Businesses across Africa and Middle East

A proven SME financier, GroFin supports small growing businesses (SGBs) through need-based finance and value-adding business support. At GroFin, we understand that the absence of appropriate finance to support SMEs is a major growth constraint for small growing businesses (SGBs), and we acknowledge with equal importance, the inability of SGBs to achieve sufficient scale to

cocreateSA

GroFin unveils Small & Growing Businesses Fund backed by DGGF in South Africa

Job creation being a key priority of the Fund, Conradie highlighted that GroFin is keen on businesses that have the potential to create 10 – 50+ job opportunities, starting with companies that have fewer than 150 employees. Currently, research by economists.co.za shows that 65% of SMEs in South Africa create zero job opportunities, while just 9% create 20 jobs or more.

GroFin Launches Fund to Support Growth of Small and Growing Businesses in Africa

KAMPALA, Uganda, September 14, 2015 Wednesday 23 September 2015 will mark the official launch of the GroFin Small and Growing Businesses (SGB) Fund in Africa that aims to catalyse sustainable job creation through supporting small and growing businesses in Ghana, Nigeria, Uganda, Zambia, Kenya, South Africa, Rwanda, Tanzania, and Egypt. The Fund was co-created by GroFin, a