Impact Investing Ghana (IIGh), in partnership with Savannah Impact Advisory (SIA), issued a summary report on lessons learned from Ci Gaba, Ghana’s first pension-backed fund of funds. The fund achieved a first close of GH¢380 million, […]
Unlocking Domestic Pension Capital in Africa for SMEs: Lessons from the Ci Gaba Report Read More »
This outcomes report from Aceli Africa shares data and case studies drawn from more than 5,500 loans to demonstrate how incentives are shifting lending activity in Africa to reach high-impact and underserved agricultural enterprises.
Activating the Agri-SME Finance Market: Learning from 2020-2025 Read More »
This 2026 study is a joint effort between C3 and All for Impact that maps existing and emerging catalytic capital for African SME intermediaries and identifies pathways to mobilize and scale it. The report draws
How to Unlock Catalytic Capital for African SMEs Read More »
Impact Europe published a case study on One Acre Fund’s strategy to support smallholder farm families in Rwanda. The initiative aims to strengthen the value chain by tackling weak demand, high export rejection rates, and
Growing Lasting Value from Avocados: OAF’s Farmer-Centered Value Chain in Rwanda Read More »
This report from NABII Zambia outlines rapid growth in Zambia’s impact investing ecosystem, while also noting some imbalance—with capital concentrated in growth-stage and infrastructure deals. It cites strong opportunities in energy, fintech, agriculture and climate-related
Zambia Impact Investment Market Sizing Study Read More »
This focus note from from CGAP explores innovative financing strategies for reaching inclusive credit fintechs in Africa, particularly those targeting underserved micro and small enterprises (MSEs). These fintechs have the potential to address the estimated
Innovative Financing for Inclusive Credit Fintechs in Africa Read More »
In a 2025 report, Investissuers & Partenaires (I&P), a prior C3 grantee, analyzes the fundraising landscape, fund models and return profiles of SME funds across Africa.
In the second installment of our 2024 webinar series, C3 teams up with African Venture Philanthropy Alliance (AVPA) to bring together leaders from Impact Investing Ghana, Open Capital, I&P, Aceli Africa and the Initiative for
Webinar Series: Maximizing the Leveraging Power of Catalytic Capital in Africa Read More »
This report was a collaboration of four regional impact investor networks: AVPA, AVPN, Impact Europe and Latimpacto. It maps the practice of catalytic capital across various thematic areas, and surfaces trends, case examples and lessons
Accelerating Impact: Catalytic Capital in Asia-Pacific, Latin America, Africa and Europe Read More »
Aceli’s 2024 report shares data and case studies drawn from 1,567 agriculture loans totaling $152 million, more than double the volume captured in the organization’s Y2 report. The analysis includes metrics from Aceli’s financial incentives
Aceli Africa Year 3 Learning Report Read More »
A new report from Investisseurs & Partenaires (I&P) showcases the effectiveness of catalytic capital in supporting African SMEs. It evaluates the current financing landscape, including capital gaps, offering an analysis of risks and opportunities for
Using Catalytic Capital to Foster African Entrepreneurs in Underserved Markets Read More »
From Open Capital Advisors, a “Voices from the Field” report highlights the experience of small and growing businesses in sub-Saharan Africa, focusing particularly on agriculture and health care and the underlying challenges that have left
Scaling Impact of Agricultural and Healthcare SGBs in SSA through Catalytic Debt Read More »
From Ashesi University and Impact Investing Ghana, new research details how patient, long-term catalytic capital has been deployed in Ghana’s small and medium enterprises (SME) financing sector. C3 funded this research as part of our
Catalytic Capital Investments in Ghanian SMEs Read More »
In it’s Year 2 Learning Report, Aceli Africa reflects on its engagement with lenders in support of 713 loans totaling $85 million to agri-SMEs across Kenya, Rwanda, Tanzania, and Uganda. C3 supported this work as
Unlocking Private Capital for African Agriculture Read More »
The Merry Year Social Company (MYSC) is a South Korea-based impact investor focused on early-stage social venture companies that do not have access to mainstream investors. In a 2023 case study, AVPN offers an overview
Catalytic Capital at Work: Merry Year Social Company Read More »
There is a shortage of growth capital for small and growing businesses (SGBs) in African markets, which could be partially filled by local institutional investors, particularly local pension funds. In this report, the Collaborative for
Unlocking Local Pension Fund Capital for Small Business Finance Read More »
