Home 〉 FSDAi Nyala Facility
FSDAi Nyala Facility is a partnership with the Collaborative for Frontier Finance (CFF) and the Facility Manager, Nyala Venture, a Joint Venture of Cardano Development and Total Impact Capital Europe. It is a highly flexible investment vehicle testing novel capital allocation models serving small and growing businesses in sub–Saharan Africa. It will finance an emerging class of ‘capital providers” with a gender lens focus.
Tagline
A catalytic financing facility for an emerging class of capital providers serving small businesses
Sector
Capital Markets
Location
In portfolio since
2021
Our role
Our investment
Purpose and target market
The role that SMEs play in the creation of jobs and driving more resilient economies is well documented. Nyala, by working with these local capital managers, will not only provide the necessary capital to grow and sustain Africa’s emerging businesses, it will also demonstrate to the broader marketplace the critical role that women capital managers are playing in the continent’s finance innovation. Drew von Glahn, Executive Director Collaborative for Frontier Finance
Impact to date
52% of LCPs focused on Small business finance, have gender parity at fund ownership/ management level
40% of LCPs are investing with equity instruments
60% of LCPs are using open ended structures
70% of LCPs use fee structures outside of the 2&20 fee model
Investee contacts
FSD Africa contact
Riverside Green Suites (Palm Suite),
Riverside Drive,
Nairobi, Kenya