Impact Investing Ghana (IIGh) has begun the operational setup of its Ci-Gaba fund of funds, which seeks to unlock US$75 million in local and international funding for local capital providers, who are investing in small and medium enterprises (SMEs) to advance the Sustainable Development Goals (SDGs). The private sector-led fund of funds, the first domiciled in Ghana, will invest locally and across West Africa. “It has been a pleasure over the last year to participate in a very engaging consultative process with local pension funds, foundations, international development partners and development finance institutions to contribute to the design and we are excited to have hit this critical milestone of beginning operational setup,” said CEO Amma Lartey.
SOURCE: DISRUPT AFRICA