Press releases

DEEN

Zurich-based impact asset manager responsAbility will continue to manage the USD 670 m climate investment fund dedicated to mitigating climate change in emerging markets through 2024. This decision was confirmed by the fund’s board of directors this week.

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DEEN

A responsAbility-managed private equity fund focusing on financial inclusion is part of the successful listing of Fawry, the leading Egyptian provider of payment services to more than 20 million clients across all segments of the population. 

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DEEN

responsAbility Renewable Energy Holding (rAREH), the Nairobi-based renewable energy company focusing on Sub-Saharan Africa, has acquired two operational small-scale hydropower plants with a total capacity of 27.2 MW. Both plants are located in Western Uganda and use the run-of-the-river technology which guarantees minimal disruption to the ecosystem. 

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DEEN

responsAbility Investments AG, the international impact asset manager, has today closed a USD 175 million securitization of loans to microfinance and SME-finance institutions in emerging markets. The proceeds will be used to fund financial intermediaries providing capital to 30,000 small businesses and 5.6 million microfinance borrowers. 81% of the borrowers are women. 

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DEEN

d.light solar, a pioneering manufacturer and provider of solar power products, today announced that it has secured debt funding totaling USD 18 million from a consortium of lenders with a focus on the renewable energy space including two responsAbility-managed funds, SunFunder, DWM and SIMA. The financing will be used to further grow d.light’s operations across Africa.

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