The Emerald Africa financing facility provides debt to early-stage digital innovators, based in sub-Saharan Africa, who are enabling greater access to finance for rural SMEs.
It is an exciting time for business and innovation in Africa, but currently there are insufficient debt products to meet this growing demand, particular for new and emerging business models that are powered by technology. The Emerald Africa Financing Facility aims to provide funding for loan books for early-stage companies by using a simple debt product, enabling founders to keep their precious equity. The funding is responsive to entrepreneurial needs.
Eligibility
- Are you a digital innovator offering credit with a rural/agri focus?
- Are you focused on sub-Saharan Africa?
- Have you undertaken a pilot and achieved product-market fit?
- Are you at pre-Seed/Seed stage, requiring $50-$250k to grow your credit offerings to clients?
If your answer is yes, apply today for funding at Emerald Africa Financing Facility!
Overview
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December 31, 2023
Organizer | Small Foundation |
Website | Visit website |
Targets | Africa |
Sectors |
Financial services, Accounting services, Agribusiness, Agrichemicals, Animal farming, Business services, Crop farming, Farm machinery
|
SDG (17) | All |