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KfW Development Bank invests EUR 20 million in the Regional MSME Investment Fund for Sub-Saharan Africa (REGMIFA)

Thursday 14th, January 2021

REGMIFA, an impact investment fund advised by Symbiotics, has attracted a further EUR 20 million from German-based KfW to promote private investment under the G20 Compact with Africa program, initiated under the German G20 presidency. KfW manages this investment on behalf of the German Federal Minis

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Press Release: ASN Bank invests USD 16.2 million in the Regional MSME Investment Fund for Sub-Saharan Africa (REGMIFA)

Wednesday 5th, February 2020

Geneva, 5 February 2020 – Netherlands-based ASN Bank has invested USD 16.2 million debt in the REGMIFA Fund to foster development in Sub-Saharan Africa through employment creation, income generation and poverty alleviation. With ASN Bank the first private investor is joining REGMIFA that endorses

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Testimonials

To pursue her dream of starting her own business, Mrs. Ramyalatha approached LOMC in 2009 for a micro-loan of USD 220. Thanks to her hard work and diligence, LOMC extended further support to Mrs. Ramyalatha, which helped her expand operations, purchase a machine to enhance product quality, and lease a 2-wheel tractor for her business requirements.  Mrs. Ramyalatha stands tall as an entrepreneur and her business today employs 14 people full-time.

“My business is now ready to step-up to the next level”

Ms. Ramyalatha