News
INOKS Capital contributed to Leaders for Peace’s Itinerant School in Abidjan
The Leaders for Peace Foundation (Leaders pour la Paix) organised a new edition of the Itinerant School of Peace from February 27 to March 4, 2023, in collaboration with the renowned Political Institute of Amadou Gon Coulibaly in Abidjan. Out of 4000 applications, 100 students were selected to participate in this seminar. These students come primarily from the Ivorian educational system, studying at faculties in both Abidjan and Yamoussoukro. INOKS Capital S.A. is grateful to have contributed to this meaningful experience and we hope students can use the lessons learned to contribute to building solutions.
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INOKS Capital is proud to have helped build the GIIN’s pilot agriculture impact performance benchmark
INOKS Capital is one of the 16 agriculture impact investment funds who contributed to the design of a new tool enabling investors to measure the impact of their investments against others: the agriculture impact performance benchmark. It was launched on 23.03.23 by The Global Impact Investing Network and represents a significant step forward in impact investing and the impact measurement field. Find out more about it by clicking on the link below.
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INOKS Capital selected to the Impact Assets 50 for the fourth consecutive year
We're excited to announce that we've been selected to the Impact Assets 50 2023, this is the 4th year in a row! The IA50 recognises a diverse group of impact investment fund managers who demonstrate a commitment to generating positive social, environmental, and financial impact: http://bit.ly/IA502023.
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A COP First: The Food Systems Pavilion Keeps Agriculture High on This Year’s Agenda
Egypt’s COP27 Food and Agriculture for Sustainable Transformation (FAST) initiative was launched last week. For the first time, COP set up an official Food and Agriculture Pavilion where local and global actors including farmers and youth could share experiences and solutions to address the transformation of agri-food systems. Food security is core to our investment strategy and an important part of our impact journey. We strive to contribute to the growth of sustainable agricultural value chains and help rural populations build their resilience and adapt to climate change.
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A life-changing medical centre opens in Voloshinka, Kazakhstan
People living in Voloshinka, Kazakhstan, had to travel over 160 kilometres to receive medical care or reach the closest pharmacy. That has finally changed as a small medical centre opened its doors this year, where a nurse as well as a dentist assist patients coming in from neighbouring villages. We are glad we were able to contribute to this small, yet significant step towards facilitating locals’ access to basic healthcare by financing the centre’s equipment and drugs while Kazakh authorities cover human resources’ costs.
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Farmer Impact Grant and Technical Training for Women Rice Farmers
Women rice farmers in Côte d'Ivoire struggle to access mechanisation for agricultural production. Often left with the least fertile soils and the most difficult land to cultivate, women would highly benefit from farm machinery. It would protect the paddy from rainfalls, reduce losses and allow for faster harvesting times, thus improving women rice farmers’ income and livelihoods. INOKS Capital contributes to reducing the barrier to mechanisation by supporting Socomci, an Ivorian company active in rice processing and packaging.
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Improving African coffee farmers’ economic conditions alongside Almacena and BII
We are pleased to share that ATAP, a dedicated Africa-focused, SME financing program managed by INOKS Capital for British International Investment (BII), supports Almacena platform’s mission to improve African coffee farmers’ economic conditions and livelihoods through short-term debt. The award-winning agtech/fintech company offers access to a wider online marketplace to over 150 African coffee cooperatives, facilitating direct trades of organic and conventional coffee between producers and 1200 European end buyers. Our funding will support the purchase of coffee and related costs of transport, shipping, and storage, which will then be sold to approved offtakers.
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Supporting access to education in Ladakh Region (Northern India)
In September 2022, INOKS Capital provided a 15’000$ grant to fund scholarships of 25 school children in the Ladakh region (Northern India) for youth from marginalised ethnic groups, in particular young girls, who noticeably struggle with access to basic education. The grant will cover total yearly school costs (tuition fees, transport, accommodation & food, technology, laboratory, and co-curricular activities) noting that these educational expenses represent a very high financial burden for the families whose average household income stands below 700$ per year. The children will attend the Druk Padma Karpo School, a school spearheading sustainable design in the region.
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