Verdant Capital Hybrid Fund completes an additional investment of USD 4.5 million in LOLC Africa.
Verdant Capital Hybrid Fund completes a USD 13.5 million investment in LOLC Africa The investment will support LOLC’s global expansion strategy in Africa, by financing MSMEs, thereby fostering financial inclusion, employment creation, income generation, and economic growth. Verdant Capital is pleased to announce that its Verdant Capital Hybrid Fund (the “Fund”) has completed an additional investment of USD 4.5 million in LOLC Africa Singapore Limited (“LOLC Africa”). This investment brings the total investment in LOLC Africa to USD 13.5 million. This follows the initial investment of USD 9 million in LOLC Africa, completed in June 2023. Both investments are structured […]