British International Investment

Progression Eastern African Microfinance Equity Fund

EthiopiaKenyaRwandaTanzaniaUgandaZambiaZimbabweAfricaFinancial servicesTechnology and telecoms

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 Financial services, Technology and telecoms December 2011 Active

Investments made by this fund into companies:

Investment name Country Region Sector Start date Status
Cellulant Corporation Kenya East Africa Technology and telecoms 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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