The responsAbility-managed climate fund contributes to the largest-yet receivables financing facility in the off-grid solar space. The facility was arranged by SunFunder for Kampala-based off-grid solar company SolarNow and follows an earlier USD 6 m syndication from October 2017.
The responsAbility-managed climate fund and Nam A Bank are teaming up to launch the bank’s green lending activities in Vietnam. Nam A Bank is highly committed to developing a green lending product portfolio for diverse target groups. With the new credit facility and technical support provided by the Fund, the bank aims to position itself as the country’s leader in this market.
A responsAbility-managed private equity company investing in financial institutions in emerging economies has acquired a 7.66% share in Hamkorbank. The largest private bank in Uzbekistan serves micro, small and medium-sized enterprises across the country and is preparing for a next stage of growth.
responsAbility is further expanding its portfolio of companies active in the distributed energy area: Solar technology company REDAVIA and the responsAbility-managed climate fund have signed a financing agreement for REDAVIA's Ghanaian subsidiary. The USD 4 m financing will allow REDAVIA to supply Ghana’s industrial and commercial sector with affordable, reliab
The responsAbility-managed private equity vehicle focusing on food and agriculture has completed its second investment and taken a minority stake in Suminter, a leading global organic products supply chain management company which sources, processes and exports certified 100% organic and GMO-free products from Asia and Africa.
A responsAbility-managed private equity vehicle focusing on financial inclusion has acquired a minority stake in C88 Financial Technologies Pte. Ltd. C88 is a market leading fintech company providing financial marketplaces for lending and insurance products in Indonesia and the Philippines. Through a partnership with Experian, C88 plans to increase financial inclusion in t
responsAbility Investments, a leading impact investor targeting emerging markets, is strengthening its presence in the Netherlands, Belgium and Luxembourg and has appointed Fanny Ruighaver as Head of Business Development Benelux with the aim to manage investor relations in this important market with its traditionally strong affinity to development-related investment topics.
responsAbility Investments, the Swiss asset manager specialising in development investments, has a new Chairman: Reto Schnarwiler, who has been a member of the Board of Directors of responsAbility since 2009, has been appointed as successor to Kaspar Müller, who had held the post of Chairman since 2005.
responsAbility Investments is an Inaugural Signatory to the newly defined, globally applicable Guidelines for Investing in Responsible Digital Financial Inclusion. These Guidelines, an initiative co-led by the IFC and developed in collaboration with a group of over 50 fintech investors and digital financial innovators, aim to spread the benefits of the fintech revolution more widely.