In a step towards promoting sustainable economic growth and job creation in developing countries, SIFEM is pleased to announce two new investments, targeting a diverse range of sectors and regions.
In a step towards promoting sustainable economic growth and job creation in developing countries, SIFEM is pleased to announce two new investments, targeting a diverse range of sectors and regions.
SIFEM’s venture into the Armenian market, with an EUR 8 million subordinate loan to ACBA Bank, is poised to strengthen financial services for farmers and agribusinesses. This investment specifically targets rural and financially excluded populations, underscoring SIFEM’s commitment to comprehensive economic inclusion.
Further south, the USD 15 million investment in Darby Latin America Fund IV, likely Latin America’s first green debt fund,  reflects SIFEM’s strategy to bolster growing mid-cap companies in the region suffering from limited access to long term finance. Sectors targeted also include renewable energy and agribusiness. This is a testament to SIFEM’s dedication to climate mitigation and job creation in key regions.
These investments collectively embody SIFEM’s dedication to fostering resilient and sustainable economies in emerging markets, marking an important stride in global development efforts.
Learn more about each investment in SIFEM’s portfolio.
As Jörg Frieden steps down after eight years as Chair of SIFEM’s Board of Directors, and Mirjam Staub-Bisang takes up the role, the outgoing and incoming chairs sit down together to reflect on impact, conviction, and the business of putting capital to good use.
As Jörg Frieden steps down after eight years as Chair of SIFEM’s Board of Directors, and Mirjam Staub-Bisang takes up the role, the outgoing and incoming chairs sit down together to reflect on impact, conviction, and the business of putting capital to good use.