EEGF
EEGF is an innovative investment fund that provides financing to early and growth stage companies operating in the access to energy ecosystem in Sub Saharan Africa. It is managed by Triple Jump, an impact focused investment manager, established in 2006, that provides investment opportunities in emerging markets. In addition, the Fund has hired Persistent Energy Capital, a leading venture builder in the energy access sector in operation in Africa since 2012, as an advisor to provide operational support to the individual investees. This is the first transaction that FinDev Canada is underwriting as part of the recently launched 2X Canada: Inclusive Economic Recovery, a facility administered by FinDev Canada and funded by the Government of Canada through Global Affairs Canada. The participation of the 2X Canada Facility may contribute to mobilising additional investor capital. The overall funding will help address the energy needs of African women and men consumers and entrepreneurs, as well as promote gender inclusive practices within EEGF portfolio companies.