Volker Renner joins VC Germany Management GmbH as AIFM Managing Director based in Frankfurt, Germany

Volker has joined VC Germany Management GmbH as AIFM Managing Director. Volker has over 25 years of senior management and governance experience in development finance, SME-and microfinance, financial inclusion, project and change management. Volker currently acts as board director for several banks and non-bank financial institutions of the FINCA Impact Finance network, focusing on MSME business. Since 2019 he has also acted as Supervisory Board Member of FLOCERT GmbH in Germany, the global certifier for Fairtrade. Volker has worked as senior management in multiple positions including FINCA Impact Finance, Internationale Projekt Consult and ProCredit Bank Ukraine, he brings with him […]

Verdant Capital arranges USD 3.4 million equity capital raise for Planet42

Planet42 has successfully raised USD 3.4 million in equity funding from leading South African investor, Naspers. Naspers invested USD 3.4 million through its Naspers Foundry business. This funding round is a precursor to a Series A capital raise in 2022. Planet42 provides alternative vehicle finance through its Rent-To-Buy model in South Africa. The company’s target clients are the underbanked South Africans who are otherwise unfairly ignored by the local banks. The company uses its proprietary scoring algorithms to vet potential clients. These algorithms cover a wider set of data points as compared to traditional scoring systems used by banks thus […]

Third Annual VIDEO AFRICA by Verdant Capital

Verdant Capital is pleased to announce its third annual Video Africa virtual investor conference this coming March. Last year, Verdant Capital held its 2nd Video Africa event over three days in March, arranging more than 140 one-on-one meetings with over 45 leading relevant investors from 22 countries, and 18 of our selected clients with operations in 13 countries across Africa, ranging from fintechs to inclusive financial institutions. Represented were microfinance banks, credit-only institutions, innovative credit businesses, technology-driven leasing businesses, payment companies, and insurtechs raising debt or equity through Verdant Capital. The event responds to changing patterns of doing business following […]

Verdant Capital DFI / MIV Survey 2021

Verdant Capital’s 2021 survey peered through the lens of DFIs / MIVs to unpack the current investment landscape within the context of the prevailing Covid-19 pandemic. The results point a positive investment outlook on the African Market.  The key insights, as packaged in the summary statements that follow, reflect on – portfolio performance, adaptations by both MIVs and MFIs to the Covid-19 environment, and the future growth of the inclusive finance/ microfinance investment industry.   84% of participants reported that their microfinance/inclusive finance investments in Africa performed either at par or above par when compared to their other global investments. […]

Verdant Capital and KfW establish new fund to support micro, small and medium-sized enterprises (MSME) growth in Africa

Johannesburg, Republic of South Africa January 14, 2022 Verdant Capital and KfW establish new fund to support MSME growth in Africa Verdant Capital Hybrid Fund initially has USD 36 million of committed capital Support for micro, small and medium-sized enterprises (MSME) through investment in financial institutions Better access to financing, creation of employment and income generation for MSME in Africa Verdant Capital Hybrid Fund (VCHF) has reached its first closing with committed capital of USD 36 million. The fund is targeting high developmental impact, including job creation and income generation through SMEs and micro-entrepreneurship. The fund will be investing hybrid […]