Browsing: Renew

RENEW and the Impact Angel Network (IAN) have committed capital to a fund dedicated to investing in women-owned and led companies in Ethiopia and Uganda.

RENEW and the IAN, now one of the most active investment groups in East Africa focusing on small and medium enterprises (SMEs), designed the fund to address a pressing need to close the financing gap for women-owned companies in Sub-Saharan Africa.

Some of the investors are meeting this week at the third Impact Angel Network (IAN) International Gathering in Washington, D.C.

RENEW, with its largest office in Addis Ababa, Ethiopia, manages the IAN’s investment operations and provides investment advisory and consulting services in support of its investments.

RENEW’s work in Ethiopia was piloted with USAID and is currently undertaken with financial support from the Government of Canada provided through Global Affairs Canada. The project, Accelerating Business Growth, aims at sustainable job creation for low-skilled workers, …