BlueOrchard’s Philipp Mueller plans continental investments of up to $70m

BlueOrchard’s Philipp Mueller plans continental investments of up to $70m

Schroders Group’s impact investment arm is seeking to raise over $350m to benefit MSMEs worldwide.

Someone shares this article with you
            ▪ BlueOrchard’s Philipp Mueller plans continental investments of up to $70m

▪ Schroders Group’s impact investment arm is seeking to raise over $350m to benefit MSMEs worldwide.

https://www.africabusinessplus.com/en/806180/blueorchards-philipp-mueller-plans-continental-investments-of-up-to-70m/

“Our investments in Africa will be up to 20% of the final size of the fund,” a BlueOrchard spokesperson told Jeune Afrique Business+. The vehicle is designed to support MSMEs confronted with the Covid crisis, with a fifth of the commitments expected to represent $70m. Over $140m was raised in the first round, which should serve as a springboard towards a final goal of $350m.

This article is for subscribers only. To read more, subscribe with a special offer.

You are connected to your Jeune Afrique account but your Africa Business+ subscription does not allow you to consult the English version. To update your subscription, contact us by clicking here.

Recommended articles

Capital Market & Private Equity

14/11/2023 at 15h46, by Africa Business+

New financial partner for BlueOrchard InsuResilience Fund II

The European Investment Bank (EIB) has agreed to invest $6 million in this debt and equity vehicle to...

Agribusiness

06/11/2023 at 16h34, by Africa Business+, updated 07/11/2023

Pula waits for IFC funding for Series B

The Kenya insurtech run by Thomas Njeru, specialising in parametric microinsurance for farmers, is supported...

Private Equity

07/10/2022 at 15h42, by Africa Business+

Acre Impact Capital launches first $200 million vehicle

The investor is looking to take positions in renewable energy, health, water and sustainable cities...

Health

19/11/2020 at 14h49, by Aurelie Benoit, updated 20/11/2020

Sofiane Lahmar outlines the plans for DPI, CDC and EBRD’s new health platform

The British private equity firm has just completed its first two transactions in the sector for $250m,...

Bank

08/10/2020 at 12h57, by Africa Business+, updated 13/10/2020

CDC Group reiterates its interest for Nigeria with NSIA

The publicly owned British development investor has signed a partnership protocol with the Nigerian...

Any questions ? contact us

Please get in touch with the Africa Business+ team if you require any further information.

Email us : customer.care@africabusinessplus.com

Add AB+ to your home screen

1. Click on + at the bottom of your screen.

2. Click on + to add AB+ on the home screen.

3. Enter the name of the shortcut and confirm.