Incofin Investment Management (Incofin) signed the partnership ‘Beyond Chocolate’; Belgian’s first big charter in collaboration with Belgian chocolate- and retail business, civil society organizations, social impact investors and universities to make chocolate more sustainable. The partnership is supported by the Belgian Minister of Development Cooperation Alexander De Croo (Open Vld).
Incofin Investment Management (Incofin) is pleased to announce the first successful investment of the Fairtrade Access Fund (FAF) in East DR Congo. The FAF invested USD 300.000 in a coffee cooperative. Operating in this region of Congo is particularly challenging because of the unpredictable political situation. In fact, FAF is one of the very few international creditors available in this region.
Drawing upon data and insights from the portfolios of 12 financial institutions, the Council on Smallholder Agricultural Finance (CSAF) published its “State of the Sector 2018” Report. Last year, Incofin Investment Management and the 11 other CSAF members collectively provided $716 million in loans to 794 agricultural SMEs around the world. This just-released “State of the Sector” Report explores trends, opportunities, and challenges for unlocking agricultural financing at the scale required to meet demand.
It was a successful first half of the year for the Technical Assistance Facility of the Fairtrade Access Fund (FAF TAF), managed by Incofin Investment Management (Incofin IM). On June 27th, the FAF TAF Committee, represented by Fairtrade International and Incofin IM on behalf of the FAF Fund and its donors – KfW and FMO – approved four new projects:
The Fairtrade Access Fund (FAF), managed by Incofin Investment Management (Incofin IM), held a “Mini-Forum for Coffee Exporting leaders” at the Specialty Coffee Association (SCA), a half day seminar for its agricultural division clients. The Mini-Forum aimed at expanding the clients´ knowledge on some of the most important cross-cutting topics in smallholder agriculture today.
Impact investment manager Incofin IM announced two of its funds under advice, Fairtrade Access Fund (FAF) and FPM will both benefit from a capital contribution of 3.5m USD and 3m USD respectively, from the German Development Bank, KfW.