Verdant Capital Hybrid Fund (VCHF), through its Technical Assistance Facility (TAF), supported Mogo Auto Limited (Mogo) in formalizing its environmental and social management practices through the development of policy based Environmental and Social Management System (ESMS). The ESMS is based on Mogo’s Environmental and Social Policy and documents existing environmental and social practices and risk areas in a manner proportionate to the company’s activities and risk profile. This initiative demonstrates VCHF’s commitment to strengthening environmental and social risk management practices across its investee companies. KfW, on behalf of The German Federal Ministry for Economic Cooperation and Development (“BMZ”) has provided […]
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UsPlus Limited (“UsPlus”) has successfully strengthened its funding platform through a combination of new Tier 1 and Tier 2 equity (“equity”) and institutional debt funding, positioning the company to accelerate the growth of its working capital solutions for South African SMEs. The company secured a ZAR 100 million equity investment from domestic institutional investors, reinforcing its capital base and supporting the continued expansion of its receivables financing platform. This equity investment reflects strong investor confidence in UsPlus’ proven business model, robust governance, and long-term growth trajectory. Alongside the equity investment, UsPlus expanded its access to institutional debt funding, including a […]
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Verdant Capital Hybrid Fund (VCHF), through its Technical Assistance Facility, is proud to have supported UsPlus Limited (UsPlus) in advancing its commitment to gender inclusion by identifying and engaging women-led businesses that can benefit from its innovative invoice discounting and working capital solutions. KfW, on behalf of The German Federal Ministry for Economic Cooperation and Development (“BMZ”) has provided a technical assistance facility (“TAF”) in relation to the investment of KfW in VCHF. UsPlus, a specialist SME finance provider in South Africa, continues to play a pivotal role in driving inclusive economic development through its Social Bond Framework. Central to […]
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At Verdant Capital Hybrid Fund (VCHF), we are committed to embedding gender-inclusive practices across our operations and portfolio companies. This commitment aligns with global impact frameworks such as the 2X Challenge and Sustainable Development Goal 5 (SDG 5): Gender Equality. Part of the objective of the Fund is to invest in financial institutions that, in turn, channel capital toward women-owned and women-led MSMEs, enterprises that offer products and services benefiting women and girls, and companies that champion gender equity in their workplace, supply chains, and governance structures. Our 2024 Impact Report highlights that, through our investments in portfolio companies, we […]
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Verdant Capital Hybrid Fund is investing in inclusive financial institutions (“IFIs”) on a pan-African basis, particularly IFIs supporting micro and small enterprises, and focused on investments in growth stage technology-enabled IFIs. KfW, on behalf of The German Federal Ministry for Economic Cooperation and Development (“BMZ”) has provided a technical assistance facility (“TAF”) in relation to the investment of KfW in VCHF. The TAF is managed and implemented by Verdant Capital and has a mandate to improve the performance and sustainability of existing and potential IFI investees of the Fund across key aspects (e,g,. operational, financial, environmental, and social performance) […]
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The investment will support Bfree’s distressed loan portfolio financing in Africa, thereby improving the credit scores of the distressed borrowers, enabling them the access to credit from financial institutions in the future. Verdant Capital is pleased to announce that its Verdant Capital Hybrid Fund (the “Fund”) has completed a USD 3 million investment loan in Bfree. This investment will be used for distressed loan portfolio financing whereby Bfree will be purchasing distressed loan portfolios from inclusive financial institutions in Africa. In addition, Bfree will benefit from initiatives supported by the Fund’s technical assistance facility. Bfree was established in 2020, and […]
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