With most African markets distinguished by their youthful demographics and relatively low productivity levels, creating quality jobs and enhancing production efficiencies are crucial for bolstering local economies and aiding low-income individuals in elevating their living conditions. This is precisely what the fund's theory of change aims to address. Concurrently, the fund supports climate objectives, recognizing the urgent need for Africa's private sector to adopt leading sustainability practices and seize opportunities to develop businesses that bypass carbon-intensive production methods. The fund manager has a track record of successfully achieving these developmental goals. With this commitment, SIFEM supports a long-term partner with an excellent track record alongside other DFIs such as IFC, Proparco, FMO, DEG, EIB, Norfund, DFC, Findev Canada, as well as some private investors.