Inspired Evolution Fund II

Sub-Saharan Africa

Evolution II Fund will increase access to renewable energy across Sub-Saharan Africa, helping to tackle climate change.

Expected impact

The fund is expected to contribute towards improved energy access and reduced carbon emissions across Sub-Saharan Africa.

Environmental and social aspects

We work closely with the fund manager to help develop and implement an Environmental and Social Management System (ESMS) that has the capacity to manage the higher level of environmental and social risk associated with this sector. This includes regular site visits to investee companies.

Key facts

Status:
Active
Region

Since 2012, we’ve only invested in Africa and South Asia. Investments outside these regions are from our pre-2012 portfolio.

:
Africa
Website:
https://inspiredevolution.co.za/
Investment type

We provide capital in three broad ways: direct equity, debt, and intermediated equity (principally through investment funds).

:
Intermediated investment
Fund manager:
Inspired Evolution Investment Management
Start date

For direct investments, this is the date CDC committed capital to the business or project.

For funds, this is the date that CDC committed capital to the fund.

For underlying fund investments, this is the date that the fund invested capital into the business.e

:
June 2019
Amount

For direct investments, this is the total amount that CDC has committed to the business or project (it may be a combination of equity and debt).

For funds, this is the total amount that CDC has committed to the fund.

:
$20m
Domicile

This is the investee company’s place of incorporation; or a fund’s jurisdiction.

:
Mauritius