Loïc De Cannière, Founder & Chair of the Board of Incofin

"We invest in hardworking people who seek to improve their lives."

Fairtrade @work-label for Incofin

Incofin is proud to announce that Fairtrade Belgium came to the head office to award the Fairtrade @work-label. It is a recognition for how we at Incofin work for a more sustainable agriculture with a fair income for smallholder farmers. Not only through our investments, but also in the daily life in the Incofin offices. […]

Incofin raises growth capital from new shareholders DPAM and Korys

Incofin raises fresh capital from new shareholders Degroof Petercam Asset Management (DPAM) and Korys. The transaction allows Incofin to accelerate its growth and to expand its impact in emerging countries. The new investors join the two founding shareholders of Incofin:  Incoteam, the vehicle holding the staff members’ majority stake and Incofin CVSO, a social investment […]

Incofin launches pioneering fund to provide drinking water for 30 million people

Incofin announces in the lead-up to the UN 2023 Water conference, the launch of the Water Access Acceleration Fund (W2AF). W2AF is a private equity fund focusing on safe drinking water, with EUR 36 million of commitments. The blended fund aims to provide 20 billion liters of water to 30 million people, mainly in Africa […]

Maria Alexandra sets an inspiring example for many women in Ecuador and far beyond

We present you Maria Alexandra from Ecuadorian Banco de Loja in this new episode of Incofin’s series on inspiring women. Incofin strives for more gender equality. First and foremost, because it is the right thing to do. And also because companies with a gender-balanced leadership outperform those that are less balanced. That is why we started […]

Incofin reached final close on its India Progress Fund

Incofin announces it has held a successful final closing for its India Progress Fund (IPF). Investors entrusted USD 77 million of capital to continue investing in the Indian rural economy focusing on financial inclusion and the agri-food value chain, two sectors which make the deepest social impact in the country. Incofin launched the private equity […]

Women leadership in the coffee trade in the DRC

Work of a long haul: promoting female leadership in fair trade coffee in DRC Congo Making real progress on gender equality on the ground is more than simply counting the number of female clients. It is about changing a mindset. Since gender norms are deeply embedded in society and the local cultural context, a deeper […]

Bianca, the inspiring leading lady of MicroCred

We present you in this new episode of Incofin’s series on inspiring women the Secretary General of the Chinese microfinance institution MicroCred, Bianca Lethanh. Incofin strives for more gender equality. First and foremost, because it is the right thing to do. And also because companies with a gender-balanced leadership outperform those that are less balanced. That […]

Incofin sells its 10% equity stake in Armenian Inecobank

Incofin’s exit is the first exit of the agRIF fund and has resulted in an attractive return on investment for Incofin. agRIF, Incofin’s fund focusing on financial inclusion in the agricultural value chain, entered the capital of Inecobank in 2018. In total, agRIF has invested about USD 70 million in 11 companies. The founders of […]

Belgian Impact Day sets tone of ambition to double impact investments in Belgium

Belgian market leader in impact financing and investments, Incofin, supports the impact sector’s initiatives to double the number of Belgian impact investments in less than five years. The creation of a new institute, the publication of a study and now the Belgian Impact Day coming Wednesday in Brussels all underscore the ambitions of the sector […]

Previous Next

Fairtrade @work-label for Incofin

Incofin is proud to announce that Fairtrade Belgium came to the head office to award the Fairtrade @work-label. It is a recognition for how we at Incofin work for a more sustainable agriculture with a fair income for smallholder farmers. Not only through our investments, but also in the daily life in the Incofin offices. […]

Incofin raises growth capital from new shareholders DPAM and Korys

Incofin raises fresh capital from new shareholders Degroof Petercam Asset Management (DPAM) and Korys. The transaction allows Incofin to accelerate its growth and to expand its impact in emerging countries. The new investors join the two founding shareholders of Incofin:  Incoteam, the vehicle holding the staff members’ majority stake and Incofin CVSO, a social investment […]

Incofin launches pioneering fund to provide drinking water for 30 million people

Incofin announces in the lead-up to the UN 2023 Water conference, the launch of the Water Access Acceleration Fund (W2AF). W2AF is a private equity fund focusing on safe drinking water, with EUR 36 million of commitments. The blended fund aims to provide 20 billion liters of water to 30 million people, mainly in Africa […]

Maria Alexandra sets an inspiring example for many women in Ecuador and far beyond

We present you Maria Alexandra from Ecuadorian Banco de Loja in this new episode of Incofin’s series on inspiring women. Incofin strives for more gender equality. First and foremost, because it is the right thing to do. And also because companies with a gender-balanced leadership outperform those that are less balanced. That is why we started […]

Incofin reached final close on its India Progress Fund

Incofin announces it has held a successful final closing for its India Progress Fund (IPF). Investors entrusted USD 77 million of capital to continue investing in the Indian rural economy focusing on financial inclusion and the agri-food value chain, two sectors which make the deepest social impact in the country. Incofin launched the private equity […]

Women leadership in the coffee trade in the DRC

Work of a long haul: promoting female leadership in fair trade coffee in DRC Congo Making real progress on gender equality on the ground is more than simply counting the number of female clients. It is about changing a mindset. Since gender norms are deeply embedded in society and the local cultural context, a deeper […]

Bianca, the inspiring leading lady of MicroCred

We present you in this new episode of Incofin’s series on inspiring women the Secretary General of the Chinese microfinance institution MicroCred, Bianca Lethanh. Incofin strives for more gender equality. First and foremost, because it is the right thing to do. And also because companies with a gender-balanced leadership outperform those that are less balanced. That […]

Incofin sells its 10% equity stake in Armenian Inecobank

Incofin’s exit is the first exit of the agRIF fund and has resulted in an attractive return on investment for Incofin. agRIF, Incofin’s fund focusing on financial inclusion in the agricultural value chain, entered the capital of Inecobank in 2018. In total, agRIF has invested about USD 70 million in 11 companies. The founders of […]

Belgian Impact Day sets tone of ambition to double impact investments in Belgium

Belgian market leader in impact financing and investments, Incofin, supports the impact sector’s initiatives to double the number of Belgian impact investments in less than five years. The creation of a new institute, the publication of a study and now the Belgian Impact Day coming Wednesday in Brussels all underscore the ambitions of the sector […]

Previous Next

Committed beyond investment

 

Impact Report 2021

Hands holding group of icons of people

Value creation through inclusive progress

We are passionate about pursuing inclusive progress through our investments in emerging countries. Our aim is to create value for our investors, our partners, our portfolio companies and the lives they touch. As an AIFM licensed fund manager, we create and manage impact oriented funds, advise on fund management for third parties and facilitate capacity building via our technical assistance facilities.

 

Map with countries where Incofin is active

We invest in
developing countries

Headquartered in Belgium with a global network of 5 offices, we finance and support organisations in over 65 countries.

USD 1.2Bn
assets under management
350+
investees
65
countries
1,490
transactions
USD 2,7Bn
investments

A driven & international team

Incofin’s biggest asset is our international team. We have a team of more than 80 professionals with in-depth private equity, rural and agricultural finance expertise. Thanks to their expertise, commitment and strong relationships with the organisations in which we invest, Incofin succeeds in making a difference.

Our expertise

Equity

With more than 30 completed equity investments including a strong exit track record, we are proud to say that we have helped build and support solid institutions serving millions of clients globally.

Read more

Debt-Finance

Risk capital is the core of Incofin’s investment activities. We have a strong track record in providing debt and quasi-equity financing to over 300 investees across emerging countries.

Read more

Agri-Finance

We support sustainability focused producer cooperatives and agro SMEs across Latin America, Africa and Asia. Our balanced portfolio of 50+ clients not only serves local food chain systems, but also promotes global food demands for exported products.

Read more

Technical Assistance

We work with a well-established network of service providers to ensure our clients get the right expertise and support. We continuously monitor the development of our projects, evaluate the results and measure the impact for investees and for end customers.

Read more