RDF Ghana LBG, a rural development fund, was established in 2016 by DANIDA, as part of Denmark’s transition from aid to trade with Ghana by 2020. Its guarantors are the Government of Ghana (through the Ministry of Finance) and the Government of Denmark (via the Impact Fund Denmark, formerly the Investments Fund for Developing Countries). RDF Ghana promotes access to finance to MSMEs in the agricultural and renewable energy sectors through three main products: 

  • Lines of Credit – RDF provides wholesale funds to financial and non-financial intermediaries, enabling them to extend credit to agricultural and renewable energy MSMEs. By offering lines of credit, RDF addresses liquidity constraints faced by these intermediaries, enabling them to scale up their lending activities, including to underserved beneficiaries who would otherwise have been excluded due to limited funding availability. 
  • Credit Guarantees – RDF offers a 50.0% portfolio loss guarantee to financial institutions to protect against defaults on agricultural and renewable energy loans. RDF’s credit guarantee is designed to achieve additionality by encouraging financial institutions to expand lending to the agricultural and renewable energy sectors, which are deemed higher risk, as well as encourage lending to underserved segments such as smallholder farmers. 
  • Technical Assistance: RDF provides Technical Assistance to both financial intermediaries and beneficiaries, ensuring businesses have the skills and knowledge to maximize the impact of funding received. 

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Injaro Investments is an Africa-focused private equity and private credit fund manager. It deploys capital and solutions to create value for investors and partners while improving the performance and impact of African businesses. The firm manages several funds, including the Injaro Ghana Venture Capital Fund (IGVCF), which supports high-potential businesses in sectors like agribusiness, education, financial services, healthcare, and manufacturing. Injaro also operates the ABC Fund that offers a set of financial products, including loans and equity, specifically tailored to the needs of smallholder farmers and Agri-SMEs to support sustainable and inclusive agricultural value chains.

The Fund has portfolio companies in Ghana but currently focusing on investments outside Ghana. 

Injaro Investment Advisors Limited (IIAL) provides investment advisory services, structuring, research, and project management, specializing in sustainable growth and development across Africa. 

The Fund has portfolio companies in Ghana but currently focusing on investments outside Ghana. 

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Plutus Investment Ltd is a Ghanaian SEC-licensed investment advisory and fund management firm. Plutus partners with both local and foreign financial institutions, fund managers and impact investors to deliver risk-adjusted returns through strategic capital deployment in emerging markets. As an investment advisory firm, Plutus focuses on assisting clients/businesses, especially agri-businesses and small to medium scale companies, to be investor ready; to raise capital for growth, expansion, re-financing, or re-structuring.

  • Investment advisory – we offer business advisory services, business structuring in support of agribusinesses and SMEs 
  • Funds management – high net-worth individuals, welfare funds, provident funds, endowment, and foundation funds  
  • Pension Fund Managers – both private and institutional 

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