Swiss DFI commits $10m to XSML Capital fund

The fund provides long-term financing to underserved SMEs across frontier markets.

NRJ Trucks in the Democratic Republic of the Congo, an XSML Capital portfolio company

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SIFEM, the Swiss development finance institution, has committed $10 million to the African Rivers Fund IV, managed by XSML Capital.

The generalist fund provides long-term financing to underserved SMEs across frontier markets in sub-Sahara Africa, with a focus on healthcare, agribusiness, logistics, transport, pharmaceuticals, and ICT.

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