EDFI Management Company

At the opening speech of the EDFI Management Company Corporate Day: At the crossroads, Koen Doens, Director-General for International Partnerships at the European Commission, delivered a compelling speech outlining the European Union’s strategic vision for global engagement through the Global Gateway initiative. Mr Doens emphasized the changing geopolitical landscape and the need for a new approach to international partnerships. read more: https://lnkd.in/eCTuSP-w #globalgateway #internationalpartnerships #dgintpa #europeanunion

Through our facility EDFI ElectriFI - The Electrification Financing Initiative, we provided a senior debt in the amount of USD 2 million to Hydrobox to support eight small hydro projects across four mini-grids in Kenya, providing over 10,000 people and local businesses with reliable, affordable electricity. This is a joint strategic USD 9 million debt investment together with FMO - Dutch entrepreneurial development bank expected to provide electricity to approximately 2,582 households, benefiting over 10,000 individuals. These projects will deliver vital electricity to communities and businesses in need of reliable, affordable power. Read more: https://lnkd.in/ejaaMbpg #impactinvesting #developmentfinance #cleanenergy

From November 18-20, our colleague Lionel Dieu, Fund Manager EDFI AgriFI - The Agriculture Financing Initiative, will attend the African Agri Investment Indaba in Cape Town, including the DFI Forum organized by the FAO Investment Centre. Feel free to reach out to discuss opportunities to co-invest in sustainable agriculture!   Anass Khallouqi Alexandre Kaufmann Nuno Santos Hans Bogaard

Our EDFI ElectriFI - The Electrification Financing Initiative Investment Officer Guillaume Cruyt wrote an article about Patient Capital for a Bright Future: Investing in Africa’s Off-Grid Energy for Afrive Magazine. "Through our investment mandate, we have supported over 𝟱𝟬 𝘀𝗺𝗮𝗹𝗹 and medium enterprises (SMEs) that are not just expanding energy access, but also driving technological innovation in agriculture, creating economic opportunities, and building climate resilience. With 76% of these ventures based in sub-Saharan Africa, and nearly half involving equity participation, our strategy aims to meet the market’s needs and has provided us with a close-up look at its challenges... 𝗢𝗻𝗲 𝗼𝗳 𝘁𝗵𝗲 𝗯𝗶𝗴𝗴𝗲𝘀𝘁 𝗰𝗵𝗮𝗹𝗹𝗲𝗻𝗴𝗲𝘀 we’ve encountered 𝗶𝘀 𝘁𝗵𝗲 𝘀𝗲𝘃𝗲𝗿𝗲 𝘀𝗵𝗼𝗿𝘁𝗮𝗴𝗲 𝗼𝗳 𝗲𝗾𝘂𝗶𝘁𝘆 𝗶𝗻𝘃𝗲𝘀𝘁𝗺𝗲𝗻𝘁 𝗶𝗻 𝘁𝗵𝗲 𝘀𝗲𝗰𝘁𝗼𝗿. Although African start-ups in this space have attracted 25% of the total investments, the bulk of this funding has been in the form of venture debt. And while venture debt has its place, it’s often 𝗮 𝗽𝗼𝗼𝗿 𝗳𝗶𝘁 𝗳𝗼𝗿 𝗲𝗮𝗿𝗹𝘆-𝘀𝘁𝗮𝗴𝗲 𝗰𝗼𝗺𝗽𝗮𝗻𝗶𝗲𝘀..." read more here: https://lnkd.in/eYCE_qcQ #offgrid #equity #subsaharanafrica #smallbusinesses

We wanted to share a moment from two weeks ago when our team had the pleasure of welcoming the Okra Solar team to our office. Since partnering with Okra in 2022, our collaboration has deepened significantly, and it’s inspiring to see how our joint efforts are evolving.   Okra’s innovative mesh-grid technology is making strides in rural electrification, and together we are working towards empowering communities in Nigeria.    It was great to exchange ideas and explore the possibilities that are ahead as we continue to work together.   #SustainableDevelopment #Okra #EDFIMC #ElectriFI

In Kenya, where in 2022 only 70% of the population had electricity (in some rural areas this number is as low as 30%), people rely on hazardous kerosene lamps and candles. This strains their finances, limits their potential for education, good health, and prosperity.    We invested at that time, through EDFI ElectriFI - The Electrification Financing Initiative, USD 4m in early-stage pay-as-you-go Solar Home System (SHS) provider Solar Panda, founded by Andy Keith, to bring clean energy access to Kenyan households and create jobs. As of July 2024, Solar Panda has served over 350,000 families, of which >30.000 are in Kenya's underserved counties, a number expected to increase to 125,000 by 2029.   Their mission is to ensure that every household has access to solar energy, transforming lives and communities in the process. They are leading the affordable solar energy revolution. The company’s motto, Boresha Maisha, translates to "Improving lives," reflecting their commitment to uplifting the communities they serve. Read more here: https://lnkd.in/e6YrsqWr #impactinvesting #sustainablefinance #developmentfinance #kenya #solarpanda

Our Portfolio Manager, William Barrault, and Portfolio Officer Gabriele Bambozzi, recently attended the DFIs Portfolio Conference 2024 in London. This event, organized by the Banking Portfolio Team at EBRD - the European Bank for Reconstruction and Development, brought together over 50 representatives from more than 25 Development Finance Institutions. The conference provided a valuable platform to delve deep into Portfolio Management, offering key insights on both challenges and advancements in this crucial field.    William said: "It's encouraging to see how DFIs are adapting to global challenges and working together to enhance our collective impact. I'm proud that EDFI MC is part of this community, contributing to and learning from these vital conversations. Looking forward to applying these insights to our work at EDFI MC as we continue to bridge investment gaps and drive sustainable development in frontier markets."   #DFI #PortfolioManagement #SustainableFinance #ImpactInvestment #EDFIMC

We held our inaugural Corporate Day, in October, marking a significant milestone in our journey since establishment in 2016. The event started with a welcome speech from our CEO Rodrigo Madrazo Garcia de Lomana, Ph.D, who welcomed a diverse audience of European Commission authorities, development finance institutions, portfolio companies, and representatives from multilateral development banks and sovereign wealth funds. More about the event: https://lnkd.in/erckZph9

Proud to share one more EDFI ElectriFI - The Electrification Financing Initiative investment. This time in SureChill in the amount of USD 1 million which will help them scale its efforts in delivering cutting-edge cooling solutions critical for global health and sustainability. #sustainability #coolingasaservice #impactinvesting

This week, our E&S experts Luciana Gaspar and Sofia Bernardini had the privilege of attending the EDFI E&S & Development Networking Event hosted by BIO - the Belgian Investment Company for Developing Countries at the Royal Museum for Central Africa. This gathering was a fantastic opportunity to connect with industry experts and leaders who are passionate about advancing environmental and sustainable standards in development finance. 🌱 By collaborating across the sector, we can align on best practices that not only enhance the resilience of our investments but also foster positive, long-term change in the communities we serve. The discussions emphasised the importance of harmonising practices and standards to ensure transparency and reduce costs for both investors and investees. #SustainableDevelopment #harmonisation #Networking #EDFI #Collaboration