Updated Feb 13, 2018

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SIMA Funds

The innovation has no owner

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Focus Areas:

Energy

EnergySEE LESS

Implemented In:

Tanzania, Zambia, Zimbabwe and 7 MoreSEE ALL

Tanzania, Zambia, Zimbabwe, Uganda, Cote d'Ivoire, Kenya, Nigeria, Rwanda, Senegal and GhanaSEE LESS

10
Countries Implemented In
Verified Funding
?

Innovation Description

SIMA provides demand-driven commercial capital and advisory solutions to energy businesses with demonstrated financial, social, and environmental impact. It is launching a new $75 million debt facility for off-grid solar home system distributors and microfinance companies serving the off-grid energy sector. SOGE is working with SIMA to create a second-loss tranche in the facility to allow SIMA to expand their investment criteria to higher-risk, earlier-stage companies.

Milestones

Nov 2017
Date Unknown
New Country Implemented In
Ghana
Date Unknown
New Country Implemented In
Senegal
Date Unknown
New Country Implemented In
Zimbabwe
Date Unknown
New Country Implemented In
Zambia
Date Unknown
New Country Implemented In
Tanzania