First closing BIX Capital successful
FOUNT is, as strategic partner and co-initiator, proud to announce the first closing of BIX Capital. The USD 15 million that has been raised in this round will be applied to provide (pre)-financing to a number of initiatives concerning clean and safe cooking, clean water and clean energy for African low-income households. BIX Capital will primarily target SME’s in Sub-Saharan Africa. In the following, press release the role of FOUNT and the vision of BIX Capital is further clarified by one of our important investors: IFC.
For further information see IFC BIX Capital press release.