Key facts
- Implementing Partner:
CDP
- Guarantee volume:
up to €60 million
- Global Gateway areas of partnership:
Multisectoral - Climate and Energy, Digital, Education and Research, Health
- Sectors:
Micro, small and medium sized enterprises (MSMEs)
- Geographical focus:
Northern Africa and Sub-Saharan Africa
- Type of support provided:
Financing, Technical assistance
- Types of investments:
guarantees and loans
- Investment period:
open for investments until November 2024
- Technical assistance:
up to €11 million
Description
InclusiFI aims to improve access for local entrepreneurs in Sub-Saharan and Northern Africa who currently struggle to access the loans or capital they need to start or expand their businesses. It particularly supports small businesses led by women, young people and migrants, aiming to reduce inequality and create jobs.
CDP uses the guarantee to share the risk local banks and investors are facing when lending to small businesses. As a result, local entrepreneurs who would otherwise struggle to access affordable business loans or capital, especially women, young people and migrants, now find it easier.
How can businesses and investors get involved?
If you are a business representative or an investor with an interest in this guarantee program, we recommend getting in touch directly with CDP.
Contact: infoInclusiFI
cdp [dot] it (infoInclusiFI[at]cdp[dot]it)
About CDP
CDP is the Italian Financial Institution for Development Cooperation. In this role, it finances high-impact economic, environmental and social initiatives in strategic sectors and promote specialised programmes for climate change, financial inclusion and women's entrepreneurship in developing countries and emerging markets.