A $2.2 million preferred equity investment in Afrimarket, an innovation which seeks to increase remittance flows to West Africa, especially regional and rural areas, through a cash-to-goods approach and reduced sender costs.
Unique solution applying an eCommerce approach to a development problem
Remittances are an important source of funds for GIF’s target beneficiaries
Significant traction with key cash-in partners
Strong team with significant logistical and eCommerce experience in AfricaApply for funding