SME Financing Gap across Africa
About the Catalytic Capital Africa (2CAfrica) Challenge
Catalytic Capital Africa is a challenge to catalytic capital providers; foundations, international development financing, governments and family offices to invest in ways that build the local financing ecosystems and unlock appropriate, patient financing for African SMEs. We have an initial target of moving $3billion and will be tracking commitments and progress.
Deploy Catalytic Capital: deploy capital that is willing to take on more risk to unlock additional financing.
Strengthen Local Capital Providers: by investing through them, strengthening local capital markets, and reducing deal sizes.
Deliver Sustainable Jobs: Invest in SMEs that employ the majority of people on the continent to enable them to grow and deliver sustainable jobs, especially for underserved populations like women and youths
Green Growth: Enable investee companies to be climate resilient and pursue green growth