British International Investment

Progression Eastern African Microfinance Equity Fund

EthiopiaKenyaRwandaTanzaniaUgandaZambiaZimbabweAfricaCommunications & IT servicesFinancial services

This is an equity fund investing in microfinance institutions and microfinance enablers (up to 25%) in East Africa.

Investments made by BII into this fund:

Investment name Commitment Region Sector Start date Status
Investment 01 $10m Communications & IT services, Financial services December 2011 Active

Investments made by this fund into companies:

Investment name Country Region Sector Start date Status
Cellulant Corporation Kenya East Africa Communications & IT services February 2014 Active
Uganda Finance Trust Ltd Uganda East Africa Financial services August 2013 Active
Unguka Bank Limited Rwanda East Africa Financial services December 2015 Active

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