Incofin announces with pleasure the Annual Report of the Fairtrade Access Fund. Discover the latest updates and financial achievements of the Fund in 2018.
AgriFI, an EU-funded facility launched in 2018 to accelerate sustainable investments in developing countries while focusing on smallholder inclusiveness, has signed its first investment. AgriFI will subscribe up to EUR 5 million in long term equity in the Fairtrade Access Fund (FAF), an open ended debt social and environmental impact fund advised by Incofin Investment Management.
Incofin recently financed a successful eco-mill project for a Small Producer Organization (SPO) in Colombia through 2 of its funds; the agRIF and the Fairtrade Access Fund. The eco-mill project is a large-scale wet mill plant with state-of-the-art, water efficient machinery from market leading suppliers, that includes its own water treatment facility.
As organizations based on communal ownership, smallholder producer cooperatives are deeply rooted in the principle of democratic participation, which ensures that the cooperative’s activities benefit the community as a whole. Incofin, advisor to the FAF, considers good corporate governance fundamental to a cooperative’s ability to achieve its mission and to ensure its long-term sustainability.
Incofin Investment Management (Incofin) signed the partnership ‘Beyond Chocolate’; Belgian’s first big charter in collaboration with Belgian chocolate- and retail business, civil society organizations, social impact investors and universities to make chocolate more sustainable. The partnership is supported by the Belgian Minister of Development Cooperation Alexander De Croo (Open Vld).
Incofin Investment Management (Incofin) is pleased to announce the first successful investment of the Fairtrade Access Fund (FAF) in East DR Congo. The FAF invested USD 300.000 in a coffee cooperative. Operating in this region of Congo is particularly challenging because of the unpredictable political situation. In fact, FAF is one of the very few international creditors available in this region.