TriLinc Global Impact Fund Invests $16.8 Million in Sub-Saharan Africa

TriLinc Global Impact Fund, a non-traded, externally managed, limited liability company, has approved $16.8 million in trade finance transactions in companies operating in Sub-Saharan Africa.

TriLinc is an impact investing fund that provides growth-stage loans and trade finance to established small and medium enterprises in developing economies where access to affordable capital is significantly limited. Impact Investing is defined as investing with the specific objective of achieving a competitive financial return as well as creating positive, measurable impact in communities across the globe.

“TriLinc’s recent investments in Sub-Saharan Africa underscore our commitment in supporting improvements to infrastructure development, access to technology, and agricultural productivity throughout the region,” said Gloria Nelund, chief executive officer of TriLinc. “From increasing access to power generation equipment to improving the availability of affordable technology for low and middle-income customer segments, TriLinc’s timely and flexible financing is playing an important role in the successful development and competitiveness of the region’s burgeoning SME segment.”

TriLinc invests in small and medium enterprises through local market sub-advisors, and expects to create a diversified portfolio of financial assets consisting primarily of collateralized private debt instruments. The company aggregates and analyzes social, economic and environmental impact data to track progress and measure success against stated objectives.

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