Incofin invests in East African water filter company
Incofin has committed €3 million to Spouts International.
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Incofin has committed €3 million to Spouts International, an East African manufacturer and distributor of ceramic water filters under the brand Purifaaya. This investment, from Incofin’s Water Access Acceleration Fund (W2AF), aims to help Spouts expand its clean water initiatives across East Africa and its carbon credit programme.
Designed to provide an affordable, safe drinking water solution, these filters eliminate the need to boil water – a common practice in Africa that depends heavily on firewood and charcoal.
“Incofin is proud to partner with Spouts, a team that has shown remarkable dedication to bringing safe drinking water to the underserved. Through this collaboration, we aim to expand our reach across the region, providing vital access to safe drinking water. We envision communities becoming healthier and more economically resilient – where children can focus on learning, mothers on livelihoods, and families on building a brighter future. One little step towards a future where access to clean water is a right, not a privilege,” said Wanjiru Waithaka, Incofin's regional director for Africa.
Spouts CEO Daniel Yin commented: “Incofin’s investment is a pivotal moment for Spouts. It will allow us to double our reach in the next five years. We look forward to our collaboration as we enter this new phase of growth and impact.”
In 2023, Incofin ventured into the drinking water sector, and it is now actively deploying the W2AF.
* Read How we made it in Africa’s interview with Incofin’s managing partner Dina Pons: Investor reveals opportunities in Africa's drinking water sector
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