IFAD and I&P partnered to launch this project aimed at mobilizing the Malian diaspora resources into a local Malian impact investment fund supported by I&P: Zira Capital. I&P has identified, trained and supported a core group of potential Malian diaspora investors in France. With the technical support of I&P and legal advisory brought by the project, diaspora investors created a company, Ciwara Capital, to pool their capital in France to be invested in Malian SMEs and start-ups. Ciwara Capital will invest through Zira Capital, and, on the long term, envisions direct investment into SMEs.
Status: Closed
The RAI project, through a range of interventions, enhanced the consumer due-diligence (CDD) frameworks of partner remittance service providers (RSPs), enabling 360 thousand people in Africa to better access remittances. Between 2022 and 2023 Cenfri, through the PRIME Africa grant, provided technical assistance to remittance service providers (RSPs) in 7 African countries.
