The Hague, June 20th 2008
No aid but trade
Employment creation by investing in SMEs in East Africa
InReturn, a joint venture of Dutch and Kenian enterprises, and Dutch development organisation Cordaid have launched a new investment fund. InReturn East Africa Fund I C.V. will invest in about 20 Small and Medium Enterprises in East Africa and thereby create economic growth and durable employment. The fund is open to private investors.
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Source: Financieel Dagblad 27-05-2008,
translated 28-05-2008
AMSTERDAM — InReturn has set up a €10 M fund for social investments for SMEs in East Africa. The Dutch fund, which will commence in the latter half of 2008, will invest in twenty local companies, which have difficulties to gain access to the capital market.
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