Hardest to Reach (H2R) Market Expansion Fund
Sector: Raw Materials • Location: Africa Region
Source: International Finance Corporation (IFC)
The proposed investment is for (i) up to US$25 million from IFC’s own account in the senior tranche and (ii) up to US$20 million from Blended Finance in the mezzanine tranche of the Acumen Hardest to Reach Fund (the H2R Fund, the Fund, or the Project). The H2R Fund targets a US$200 million strategy, structured into three US$60 million equity tranches—junior, mezzanine, and senior—alongside a US$20
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Participants
Sponsoring Agency | Obfuscated Data |
Company | Obfuscated Data |
Status
Original status | pending |
Taiyo status | Obfuscated Data |
Taiyo last update | 00-00-0000 |
Available timestamps | 00-00-0000 |
Available timestamp type | Obfuscated Data |
Contact
Contact name | Obfuscated Data |
Phone | 0000000000 |
ObfuscatedData@email.com | |
Address | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Description
Description | The proposed investment is for (i) up to US$25 million from IFC’s own account in the senior tranche and (ii) up to US$20 million from Blended Finance in the mezzanine tranche of the Acumen Hardest to Reach Fund (the H2R Fund, the Fund, or the Project). The H2R Fund targets a US$200 million strategy, structured into three US$60 million equity tranches—junior, mezzanine, and senior—alongside a US$20 million grant facility dedicated to impact-based interest rate reductions for borrowers, linked to KPIs such as the number of first-time electricity users reached. The Fund aims to support off-grid solar (OGS) companies in 16 countries in Sub-Saharan Africa (SSA) with the lowest electrification rates and the highest poverty levels by providing financing to a mix of international and local companies that distribute and finance off-grid solar home systems, in particular those following the Pay-as-you-Go (PayGo) business model. |
Original sub-sector | Obfuscated |
Original Currency | USD |
Original budget | 000000000000000 |
Procurement method | Obfuscated Data |
Budget | 000000000000000 |
Location
Region | Obfuscated |
Country | Obfuscated |
State | Obfuscated Data |
County | Obfuscated |
Location | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Source
Source reliability | High |
Data quality score | 100% |
Source | Obfuscated Data |
URL | obfuscated_data,obfuscateddata.com |
More Details
Project Type | Obfuscated Data |
Article Published Date | Obfuscated Data |