Renew Capital, an Africa-focused impact investment firm, has announced a seven-year partnership with funding from the Canadian government to expand its successful blended finance model across East Africa.

The newly formed partnership, giving rise to the Accelerating Regional Business Growth (ARBG) program, seeks to boost regional economic integration and extend technical aid and support to small and medium-sized enterprises (SMEs) in job creation, investment facilitation, and gender equality.

For the past decade, Renew has been investing in Ethiopia using blended finance, combining private capital with public funding, grants, and other financial instruments to reduce the financial risks…

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