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§ Venture Capital · Kämmergasse 22, 50676 Köln, Germany
Development finance program providing loans to German and European companies for investment projects in developing and emerging markets.
ImpactConnect, based in Cologne, North Rhine-Westphalia, Germany, provides loans at attractive conditions to German and European companies for investment projects in developing and emerging-market countries, with a primary focus on generating positive development impact. The program, funded by the German Federal Ministry for Economic Cooperation and Development (BMZ), is implemented by DEG – Deutsche Investitions- und Entwicklungsgesellschaft mbH. Since its launch in 2019, ImpactConnect has facilitated 53 financings, initially concentrating on Africa before expanding its reach to main markets across America, Europe, and Asia. It supports economic transformation through value-added investments and adheres to Science Based Targets initiative principles for carbon reduction. As a key component of BMZ's "Partners in Transformation" initiative, the program successfully rebranded from AfricaConnect to reflect its now global scope. ImpactConnect was launched in 2019 as a dedicated program within DEG, rather than having individual founders.
ImpactConnect has 1 tracked investment across 1 company. The latest tracked deal is $10.0M Debt in Apollo Agriculture in February 2024.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Feb 1, 2024 | Apollo Agriculture | $10.0M Debt | Impactconnect, Swedfund | — |