I&P among the winners of the IEIF grant!
Submitted by admin on Wed, 02/12/2014 - 16:21I&P was announced as one of the 7 winners of the IEIF grant managed by the Global Impact Investment Network (GIIN). The competition for the grant was launched in April 2013 at the Africa Impact Investing Forum supported by the Rockefeller Foundation and the Tony Elumelu Foundation.
“The winners were selected for their work in bridging the gap between African businesses and financing options. We, at the Foundation are excited to be part of the process of supporting interventions that contribute to sustained economic development across the continent.” Dr. Wiebe Boer, CEO of the Tony Elumelu Foundation, explained.
I&P, embodied by its team members David Munich and Hugues Vincent Genod, has won a 67,000 USD grant for its proposition to “encapsulate its “know-how” and skills of structuring vehicles and investing in SGBs in a “toolkit program”. This “SGB Equity investment guide” will give ready-to-use tools and immediately operational tips to conceive an equity fund, invest and support SGBs in the OHADA region. It will be spread widely and towards a variety of actors to maximize advocacy and emulation. It will be followed by tailored follow-up and support designed to help project holders build their initiatives.”
Read the complete press release on The Tony Elumelu Foundation’s website
Or else on The Rockfeller Foundation's website