We are excited to announce SIFEM's recent investment of USD 10 million in Ipak Yuli Bank, Uzbekistan's fourth-largest privately-owned commercial bank. This investment is set to enhance lending to micro, small, and medium-sized enterprises (MSMEs) and to bolster climate-related financing, supporting Uzbekistan's ambitious climate targets. Read more about this investment and its impact here: https://lnkd.in/eMGFDRPJ #ImpactInvesting #MSMEs #ClimateAction #Uzbekistan #SustainableDevelopment
SIFEM - The Swiss Development Finance Institution
Finanzdienstleistungen
We invest for a sustainable, inclusive future.
Info
SIFEM is the Swiss Development Finance Institution (DFI). It is owned by the Swiss Government and an integral part of Switzerland’s International Cooperation Strategy. SIFEM provides long-term financing through financial intermediaries to SMEs and other fast-growing companies in developing countries. It aims to reduce poverty and foster sustainable, inclusive and resilient economies by creating and securing more and better jobs, growing opportunities for the underserved and supporting projects towards a Just Transition. SIFEM aligns its investments with international environmental goals to address the global climate crisis and support emerging markets in achieving low-carbon economic growth. With its investments it contributes to closing financing gaps and mobilising additional private capital for the growth of local companies in developing countries. By the end of 2022, SIFEM’s investment portfolio amounts to USD 451m, thereby financing directly and indirectly 612 companies in 80 countries. Since its inception, SIFEM made commitments of almost USD 1.3 billion. SIFEM has delegated its operational activities to two partner companies: responsAbility Investments AG acts as its portfolio manager and is responsible for investment sourcing, advisory, and oversight, Tameo Impact Fund Solutions SA is the business services manager and assumes responsibility for policy-related and representative functions, financial and impact oversight & reporting.
- Website
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http://www.sifem.ch
Externer Link zu SIFEM - The Swiss Development Finance Institution
- Branche
- Finanzdienstleistungen
- Größe
- 11–50 Beschäftigte
- Hauptsitz
- Genève
- Art
- Kapitalgesellschaft (AG, GmbH, UG etc.)
- Gegründet
- 2011
Orte
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Primär
rue de l'Arquebuse 12
Genève, 1204, CH
Beschäftigte von SIFEM - The Swiss Development Finance Institution
Updates
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Call for Proposals: We are looking for specialized impact consultants with experience in assessing contributions to the just transition. We have launched a call for proposals for an evaluation to assess the development impact of SIFEM's climate investments on local workforces, clients, and communities as they transition to low-carbon economies. We invite interested consultants and consultancy firms with expertise in impact evaluation, climate change adaptation and mitigation, and experience in Sub-Saharan Africa and Southeast Asia to apply. 👉 Key Areas of Focus: - Assessing how SIFEM’s investments generate inclusive and decent green jobs - Evaluating the impact of products and services offered by our investees - Understanding the social risks and benefits of climate-related projects 📅 Deadline for Submission: 23rd August 2024 at midnight CEST. For further details, please visit our website. #impactconsultants #justtransition #callforproposal
Call for Proposals: Assessing our Contribution to the Just Transition Agenda
https://sifem.ch
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We are proud to announce SIFEM's USD 15 million commitment to the first closing of the Helios CLEAR Fund. We congratulate Helios Investment Partners, the largest Africa-focused private investment firm, who has successfully achieved the first close of this dedicated climate investment fund for Africa, securing approximately USD 200 million from eight leading institutions. The Fund focuses on five key areas to support and scale African climate champions: green energy solutions, climate-smart agriculture & food, green mobility and logistics, recycling and resource efficiency, and digital and financial climate enablers. Helios CLEAR Fund will start investing immediately and aims to mobilize an additional USD 200 million—primarily from private investors—to reach its USD 400 million target. This investment is expected to contribute directly to our main goals, primarily climate mitigation & adaptation and job creation. For more information please read our news post. Joerg Frieden Anthony Njoroge Ralph Keitel responsAbility Investments AG #ImpactInvesting #ClimateFinance #DevelopmentFinance
SIFEM contributes to first close of Helios CLEAR Fund
https://sifem.ch
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We are pleased to announce that SIFEM - The Swiss Development Finance Institution has invested in the Ashmore Andean Fund III. This strategic investment underscores our commitment to fostering economic development and sustainable growth in the Andean region. The Ashmore Andean Fund III aims to support mid-sized companies with strong growth potential, contributing to job creation, infrastructure development, and economic diversification across Colombia, Peru, and other Andean countries. Key Highlights: ✔ Focus on mid-sized companies with high growth potential ✔ Impact on job creation and infrastructure development ✔ Promoting economic diversification in the Andean region To learn more about this investment, visit our website: https://lnkd.in/eebZrHNS Explore our portfolio to learn about the 120 investments we are proud to support: https://lnkd.in/ekPBu9J7 #ImpactInvesting #SustainableGrowth #EconomicDevelopment
SIFEM invests in Ashmore Andean Fund III
https://sifem.ch
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SIFEM - The Swiss Development Finance Institution is proud to join the 2X Global Challenge, a global initiative to mobilize $20 billion for women's economic empowerment over the next 3 years! This commitment aligns with SIFEM's dedication to gender-lens investing and expanding opportunities for women in emerging markets. 🔗 Read more about this exciting step towards promoting gender equality and impact investing: https://lnkd.in/ezefxJWr #GenderEquality #ImpactInvesting #WomenEmpowerment #2XChallenge
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We're delighted to announce that SIFEM has committed USD 15 million to the SPE PEF III Fund, which has achieved its first close at USD 140 million. This is a significant step forward in driving impactful investments across North Africa. The SPE PEF III Fund focuses on fast-growing SMEs in pivotal sectors such as healthcare, education, manufacturing, and business services, aiming to create quality jobs and stimulate economic growth. Read more about this milestone and our commitment to sustainable development: https://lnkd.in/dsAgF53G SPE Capital #ImpactInvesting #SustainableFinance #EmergingMarkets
SIFEM commits USD 15 million in first close of SPE PEF III fund
https://sifem.ch
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We're proud to announce our first investment in Bangladesh, supporting Mutual Trust Bank PLC with a $8 million loan. This strategic move will empower micro, small, and medium enterprises, particularly women-led businesses, and fund crucial climate mitigation projects. By focusing on sectors that represent 99% of Bangladeshi businesses and nearly 80% of employment outside agriculture, we're dedicated to fostering job creation, gender equality, and sustainable growth. Read more about how this partnership will transform local economies and support resilient community development: https://lnkd.in/eQXZWrE2
SIFEM invests in Bangladesh’s Mutual Trust Bank
https://sifem.ch
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We are excited to announce leadership transition at SIFEM (Swiss Investment Fund for Emerging Markets). Geoff Burns, a longstanding board member, has completed his maximum 10-year term. During his tenure, Geoff made invaluable contributions to the investment and audit committees, supporting SIFEM’s strategy with his extensive experience. He played an important role in guiding SIFEM through a period of portfolio growth and institutionalization, significantly advancing our mission to foster sustainable, inclusive economies. We are pleased to welcome Margarita Aleksieva to the Board. Elected during SIFEM’s Annual General Meeting on 2 May 2024, Margarita brings a wealth of experience in renewable energy and infrastructure, aligning closely with SIFEM’s strategic priorities. Her background and expertise will be instrumental in driving positive change and impact. As we embrace this new chapter, SIFEM remains committed to catalyzing investments in emerging markets that promote private sector development, support decent jobs, and tackle climate change. 🔗 https://lnkd.in/e5WwAqf4 #LeadershipTransition #SIFEM #SustainableInvesting #EmergingMarkets #BoardOfDirectors
Leadership Transition at SIFEM’s Board of Directors
https://sifem.ch
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We're pleased to announce the publication of our 2023 Business and Financial Report available in English, French and German: https://lnkd.in/eUUx76Bz Last year marked a historic achievement for SIFEM as our active investment commitments surpassed USD 1 billion for the first time. With 10 new investments totaling USD 143.8 million, SIFEM is driving meaningful change in developing and emerging markets. Our efforts are focused on climate investments, gender equality, and job creation, aligning closely with Switzerland's international cooperation strategy. Read the full report to learn about our positive operating results and our strategic contributions to global development goals: English: https://lnkd.in/eUUx76Bz French: https://lnkd.in/eCmn7E9S German: https://lnkd.in/eyxV3EYA SECO Economic Cooperation and Development #ImpactInvesting #SustainableDevelopment
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We are excited to announce SIFEM's latest investment in Global IME Bank Limited, a leading financial institution in Nepal. This strategic investment will bolster financial services accessibility and support sustainable economic development across the region. We're committed to fostering financial inclusion and enabling impactful growth. Discover more about our journey with Global IME Bank and the potential impacts of this partnership: https://lnkd.in/e5R3wTkD #FinancialInclusion #EconomicDevelopment #SIFEM #ImpactInvesting #Nepal
SIFEM invests in Global IME Bank in Nepal
https://sifem.ch