SEAF celebrates completion of successful exit from Gomex, Marking a Resounding Achievement in Serbia’s Food Retail Landscape
Belgrade, Serbia (September 12, 2023) – Following execution of a successful agreement for exit of Gomex (or the “Company”) in 2022, SEAF today announced receipt of the final tranche of the agreed upon exit consideration. The payment marks a monumental achievement in the Company’s business…
SEAF Portfolios Report No Exposure to First Solar Malaysian Solar Panels
Washington, D.C. (August 23, 2023) – As part of its mission to create development in underserved communities by investing in SMEs, the Small Enterprise Assistance Funds (SEAF) seeks to ensure that all portfolio companies and investees engage in responsible sourcing with a particular emphasis on…
SEAF invests in Food Innovation to boost export opportunities for Tunisian SMEs
Tunis, Tunisia; July 13, 2023 – SEAF, in partnership with Development Finance Corporation (DFC), The U.S. Agency for International Development (USAID), and ABCapital, have announced the close of an investment in Orient Tea, a fast-growing innovative Tunisian food company. The investment was made through SEAF’s…
SEAF Portfolio Company Suncolombia featured in Forbes
SEAF’s SunColombia featured at Forbes Original Article can be found here. May 19, 2023 Suncolombia has developed projects to bring basic services to communities using solar energy. Its co-founder and CEO Juan Diego Gómez told Forbes how they arrived at this model of real impact….
SEAF Invests in Fintech Company Puntored to Accelerate Colombia’s Economic and Social Development
SEAF in conjunction with USAID and DFC have invested in Puntored, a pioneer Colombian fintech company reaching more than 9 million under-banked people each month in rural and hard to reach areas in Colombia, to whom it provides financial inclusion and opportunities for socio-economic development.
SEAF Exits Serbian Supermarket Company Gomex
SEAF has completed the exit of Gomex, a holding in the South Balkan Fund. Founded by Goran Kovacevic, Gomex is a supermarket company with stores across the country of Serbia.
SEAF Selected as Emeritus Impact Manager for ImpactAssets 50 2022
SEAF is pleased to announce that it has been selected as an Emeritus Impact Manager by ImpactAssets for the ImpactAssets 50™ 2022 (IA 50). IA 50 Emeritus category recognizes impact fund managers who have been on the IA 50 for at least five years. Each year, IA 50 fund managers who achieve this status will be recognized in the Emeritus category.
Financial Sector Relevance and Resilience in Trinidad and Tobago
The Central Bank of Trinidad and Tobago took an important step in the modernization of Trinidad and Tobago’s financial sector by confirming that the SEAF Caribbean SME Growth Investments Ltd satisfies the requirements of a security in which pension plans could invest.