Africa’s Reopening Economies: Risk and Revival (Panel at EMW 2023)

Globally, macro-economically volatility has increased over the last four years, and along with country specific factors has led to volatility, stress, and in some cases sovereign default in specific countries in the continent.  As specific markets recover, investors are offered the opportunity to re-engage, but how soon is too soon to reinvest after a default?  Verdant Capital chaired a panel session at the European Microfinance Week (EMW), which took place in November 2023 in Luxembourg. The panellists were Felistas Coutinho, Managing Director at Tujijenge Tanzania Limited (a subsidiary of LOLC), Isabel Wanjohi, Group Treasurer at Platcorp Group Holdings, and Orli Arav, […]

Verdant Capital funds Enable Capital

Verdant Capital is pleased to announce a USD2.5 million revolving credit facility for Enable Capital of South Africa.  Enable Capital specialises in providing short-term funding solutions to SME subcontractors involved in the physical construction and deployment of local, regional, and national fibre network infrastructure across South Africa. Enable Capital has built up a successful track record since its inception in 2018 – it has provided financial support of more than ZAR 1.5 billion to more than 250 SMEs.  In doing so, it has facilitated meaningful growth for businesses in South Africa’s SME sector, where access to finance remains a key inhibitor. Enable […]