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Convergence

Category: Information Resources
Sub-Category: Technical Assistance
User: Open to All
Donor: Government of Canada (GoC)
Donor Countries: Canada
Description:

Allows investors to quickly search databases for credible deals or co-investors that match their investment needs, Convergence will broaden investors’ networks and simplify their screening process. Convergence aims to serve blended finances investors and practitioners, as well as those looking to enter this space. Anyone can access Convergence’s Design Funding and Resources, but the Deal and Investor Databases (which constitute Convergence’s Investment Network) are limited to eligible institutions. From the perspective of knowledge creation/dissemination, Convergence writes reports, case studies and organizes online webinars/seminars that are accessible to all. Convergence’s Design Funding will provide funding for feasibility studies and proof of concept activities for innovative financial instruments and products, according to specific funding windows.

Location: Sub Saharan Africa
On- or Off-Grid: Both
Geography:

Sub Saharan Africa

Eligibility:

Registered institutions can post blended finance investment opportunities on the deal database that are located in an emerging or frontier market(s), have an overall deal size of at least USD$5 million, and can demonstrate a commitment from at least one anchor investor

Last updated: August 10, 2020

Last updated: November 28, 2022