Updated Feb 13, 2018

SIMA Funds

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Snapshot

Focus Areas:

Energy

EnergySEE LESS

Implemented In:

Tanzania, Zambia, Zimbabwe and 7 MoreSEE MORE

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
Ghana
Date Unknown
New Country
Senegal
Date Unknown
New Country
Zimbabwe
Date Unknown
New Country
Zambia
Date Unknown
New Country
Tanzania