The Africas Development Investment Agency with its Programme (AXID EiC MSFI) and iCapital Ventures are pleased to announce an unprecedented strategic partnership, aimed at sustainably transforming access to finance and refinancing for microfinance institutions (MFIs) and small and medium-sized enterprises (SMEs) across Africa.

This large-scale collaboration is part of an ambitious vision: to structure and accelerate the development of African economies through inclusive and innovative financial engineering solutions ensuring the performance of SMEs and MFIs.

A tandem of excellence for concrete results

By combining their expertise, AXID and iCapital Ventures create a unique dynamic, combining a deep knowledge of local needs with world-class financial tools.

This partnership aims to:

• Simplifying access to finance for entrepreneurs and high-potential institutions.
• Offering competitive refinancing solutions to MFIs to support their growing portfolios.
• Stimulate sustainable and inclusive development projects, promoting the emergence of a solid economic fabric in Africa.

A program to reinvent financing in Africa

The program resulting from this partnership aims to mobilize significant resources and put in place robust financial mechanisms. The aim will be to support African entrepreneurs by offering them the means to achieve their ambitions, while securing the refinancing of microfinance institutions, which are essential drivers of economic inclusion.

A forward-looking vision

For AXID, this partnership reflects its unwavering commitment to inclusive and sustainable development of the African continent. "We believe in the power of African entrepreneurship. With iCapital Ventures, we are joining forces to open a new era of opportunities," said Alain OUANDJI, Chairman of AXID.

For its part, iCapital Ventures welcomes this alliance, saying that "this partnership marks a decisive step in meeting the needs of MFIs and SMEs, which are real growth engines for Africa." Achille AGBE, CEO iCapital Ventures and EiC Corporation.

About our organizations

AXID: The Africas Development Investment Agency is an institution dedicated to promoting and supporting development initiatives in Africa, with a focus on financial innovation and social impact.

iCapital Ventures: A globally recognized player in the field of financial engineering, iCapital Ventures supports transformative projects by mobilizing strategic capital to drive economic progress.