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West Africa Bright Future Fund
News & Stories
Calling out to sustainable businesses in Sierra Leone
ACTB lends money to ambitious entrepreneurs and does the vital job of supporting the private sector rising after years of the civil war in Sierra Leone. With a EUR 1,2M follow-up investment to ACTB, Cordaid Investment Management creates more employment opportunities for youth and women by supporting micro-enterprises, crucial for job creation in Sierra Leone.
Treasure in the Malian waste management sector
Unpopular with many investors, the waste management sector can be as impactful for societies, as clean energy access and climate-smart agriculture practices. With the streets swamped with garbage, Mali deserves a clean slight. Our partner Macrowaste has risen to the challenge of the trash crisis in Mali.
Entrepreneurship in Sierra Leone: "the market for a billion people and no competition."
Cordaid Investment Management partnered with Mobile Power (Mopo), an enterprise offering energy products accessible to the most vulnerable and impoverished communities. Being the first lender to Mopo Sierra Leone, Cordaid Investment Management hopes to further unlock the solar power potential in Sub-Saharan Africa and catalyze change in the sector.
Mountain Lion opens the market for thousands of rice farmers, contributing to food security in Sierra Leone
Rice is a staple food for Sierra Leoneans – and the local production deficit threatens food security in the country. Mountain Lion Agriculture (MLAG) is one of the few enterprises that understands and helps address the challenges smallholders face and provides them access to the markets.
Empowering Women Entrepreneurs in Sierra Leone to break down the barriers of fear
"Female entrepreneurs face unique challenges in a male-dominated industry," CIM's investee Susan Coker talks about building her ice empire and provides insights into what female entrepreneurs face in Sierra Leone.
Co-founders of Qotto: solar tech and innovative finance equal impact and profitability
Qotto’s decentralized and digital infrastructure empowers populations and unlocks sustainable development in West Africa.
High-quality, affordable health care in Mali
Polyclinique Les Orangers provides diagnostics and imaging, emergency care, surgery, internal medicine, and more.
Bridging the electricity gap in Mali
12 million Malians don’t have access to modern electricity services. Energy+ brings solar home systems to off-grid areas, making energy access easy and affordable. Funding allows Energy+ to expand the business, create jobs and bridge the electricity gap
Supporting female entrepreneurs in El Salvador
In May 2020, Cordaid Investment Management partnered with ASEI, a microfinance institution in El Salvador. Both organisations are committed to working towards financial inclusion and supporting hard-working women entrepreneurs, eliminating poverty.
Breaking the vicious cycle of poverty in Myanmar
After a devastating cyclone, Myanmar farmers started borrowing money to rebuild their businesses. Unfortunately, loan sharks took advantage. The interest rates were so high that farmers had no money left to sustain themselves. To break this vicious cycle, Proximity Finance offers microloans adjusted to the needs of the farmers.
How mangoes boost the Malian economy
If you recently enjoyed a juicy mango – and live in the Netherlands – there’s a fair chance it came from Mali. The piece of fruit made it from a Malian mango farmer to the shelves of a Dutch supermarket, with support from Cordaid Investments.
Supporting the poultry sector in Sierra Leone
With Cordaid’s investment, Leecon Poultry Enterprise could double its layers, grow the business, employ more people and improve efficiency. Now Leecon provides other smallholder farmers with affordable, high-quality feed which would otherwise be unobtainable for them.
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