| Date | Title | Description |
| 11.09.2025 | Beyond capital: How trade finance drives climate resilience in Peru | We are proud to share this case study on our investment in San Gerardo, developed together with Master’s students from Solvay Brussels School & ULB as part of their field project. It captures how climate-aligned trade finance strengthen... |
| 21.08.2025 | The hidden economy of smallholder farmers: It’s time we pay for more than just their crops | What if the most valuable contribution smallholder farmers make isn’t just the coffee you sip, the cocoa you crave, or the grains that fill your plate — but the land they preserve, the biodiversity they sustain, and the carbon they quietly ... |
| 18.07.2025 | Royal honor for the founder of Incofin |
Today is a remarkable day for Incofin. Our founder, Loïc De Cannière, has been appointed Commander of the Order of Leopold — Belgium’s highest royal honor.
This distinction recognizes individuals whose exceptional contributions have shaped... |
| 12.06.2025 | Our founder publishes new book: The Future of Employment in Africa | Some special news: our founder, Loïc De Cannière, has just published a new book,
The Future of Employment in Africa: Demography, Labour Markets and Welfare, released by Anthem Press.
This book is deeply personal to Loïc. Drawing on his deca... |
| 03.06.2025 | Passing the torch: A leadership transition at Incofin IM |
Leadership at Incofin has always been shared.
Built on trust, collaboration, and collective purpose.
And yet, if anyone held its torch—
it was our founder, Loïc De Cannière.
And today, that torch is being passed.
As of June 1, 2025, Incofi... |
| 02.06.2025 | Incofin and GAIN back three more nutrition-focused enterprises to strengthen food systems in East Africa | Incofin Investment Management and the Global Alliance for Improved Nutrition (GAIN), through the Nutritious Food Financing Facility (N3F), have announced new investments in three pioneering food enterprises in East Africa: Soy Afric in Keny... |
| 13.05.2025 | Incofin advances clean water mission with successful EUR 61 million fund close | Antwerp, May 12, 2025 — Incofin Investment Management, a global leader in impact investing, announces the final close of the Water Access Acceleration Fund (W2AF) at approximately EUR 61 million in committed capital, exceeding its original ... |
| 15.04.2025 | Enabling climate resilience through financial inclusion | Incofin invests in Financiera FDL, a Nicaraguan microfinance institution, allowing smallholder farmers to build resilience to climate shocks.
Smallholder farmers in Nicaragua, like many others in the Global South, sit at the “sharp end” of ... |
| 11.03.2025 | Incofin recognized as an Emeritus Manager in the ImpactAssets 50 2025 |
Incofin is proud to be selected as an Emeritus Manager in the ImpactAssets 50™ (IA 50) 2025. This recognition celebrates our long-standing commitment to delivering financial returns while driving meaningful social and environmental impact ... |
| 08.03.2025 | Women’s Day spotlight: How Ngoc Anh Dao is transforming Vietnam’s coffee sector |
When Ngoc Anh Dao opened a café in Hanoi in 2012, she had no idea she would later reshape Vietnam’s coffee industry. All she wanted was to serve high-quality coffee. But back then, she knew that the best beans had to be imported from abroa... |
| 07.03.2025 | Incofin invests in Banco Ficohsa Nicaragua to accelerate women’s leadership in business |
Incofin is pleased to announce a new investment in Nicaragua as the portfolio manager of the Global Gender-Smart Fund (GGSF). The investment will be made in Banco Ficohsa Nicaragua.
With a USD 10 million, 3-year debt facility, Banco Ficohs... |
| 07.02.2025 | Incofin invests in Şekerbank to advance gender-smart financing in Türkiye | 7 February 2025 – Incofin is pleased to announce an investment in Türkiye as the portfolio manager of the Global Gender-Smart Fund (GGSF), a pioneering initiative dedicated to promoting gender equality through financial support for institut... |
| 21.01.2025 | Our equity investment in Sahyadri Farms, India |
Owned by over 6,000 smallholders, Sahyadri Farms is the largest farmer-owned integrated value chain operator in the Fruits & Vegetables sector in India. This is no small feat considering India comes in only after China as the world´s g... |
| 21.01.2025 | Growing Dignity | This case study was first featured on Impact Europe’s website here.
Qul Fruit Wall empowers farmers at every link of Kashmir’s agricultural value chain – and keeps scaling up thanks to an investment from Incofin’s India Progress Fund.
An ap... |
| 17.01.2025 | How Kashf Foundation is transforming the lives of women in Pakistan | In Pakistan, where historical cultural practices and customs can result in systemic discrimination against women, there are exemplary microfinance institutions supporting women´s progress across social and economic lines. Since 1996, the Ka... |
| 17.01.2025 | Bank Arvand wins a 60 Decibels Social Impact Award | We are proud to share that our investee Bank Arvand has won a 60 Decibels Social Impact Award for ranking top 3 out of all 32 Asian financial service providers surveyed in the 2024 Microfinance Index.
The MFI Index is the world’s largest fi... |
| 15.01.2025 | Incofin exits Fundeser in strategic sale to Grupo Atlántida, marking a decade of impact | Incofin has successfully exited its investment in Microfinanciera Fundeser in Nicaragua through two of its funds: Rural Impulse Fund II (RIF II) and agRIF. Both stakes were sold to Inversiones Tres Lagos S.L., a subsidiary of Grupo Atlántid... |
| 10.12.2024 | Incofin & GAIN propel nutritious foods fund with new investments in Sub-Saharan Africa | December 2024
Incofin Investment Management, alongside the Nutritious Foods Financing Facility (N3F) partners, the Global Alliance for Improved Nutrition (GAIN), USAID, and the Swiss Agency for Development and Cooperation (SDC), announces t... |
| 04.12.2024 | Incofin Investment Management welcomes Serkan Alhan to the Management Board | Antwerp, 4 December 2024 – Incofin Investment Management is pleased to announce the appointment of Serkan Alhan to the company’s Management Board, effective 1 January 2025, subject to the non-objection of the Belgian Financial Services and ... |
| 14.11.2024 | Incofin invests in SPOUTS International to expand clean water access in Africa |
14 November 2024 – Incofin, a global impact investor known for supporting innovative solutions in emerging markets, has committed EUR 3 million to SPOUTS International (SPOUTS), a pioneering East African social enterprise. This investment,... |
| 30.10.2024 | How Solva’s custom loan solutions support Kazakhstan’s women in business | In Kazakhstan, women play a significant role in business, with nearly half of the country’s SMEs led by women. While women entrepreneurs are increasingly becoming a vital part of the business landscape, they still encounter certain challeng... |
| 07.10.2024 | LuxFLAG microfinance label awarded to Incofin Climate-Smart Microfinance Fund | Incofin Investment Management is proud to announce that the Incofin Climate-Smart Microfinance Fund has received the coveted LuxFLAG Microfinance Label for the period of 1 October 2024 to 30 September 2025. This prestigious certification co... |
| 02.10.2024 | Holding our industry accountable just got a powerful new voice. |
We are proud to announce that Dina Pons, Managing Partner at Incofin Investment Management, has been selected to join the Operating Principles for Impact Management (OPIM) Advisory Board. This prestigious appointment highlights her commitm... |
| 20.09.2024 | Incofin Wins Two Prestigious Awards at the Ethical Finance Awards 2024 | Earlier this year, Incofin Investment Management was honored at the Ethical Finance Awards 2024, receiving two awards:
🏆 Best Impact Investment Management Firm 2024 – Belgium
🏆 Diversity & Inclusion Excellence Award 2024
We are incredib... |
| 02.09.2024 | Incofin and GAIN’s Nutritious Foods Fund Announces First Investments in Sub-Saharan Africa | September 2024
Incofin Investment Management announces the first three investments made through the new Nutritious Foods Financing Facility (N3F), launched earlier this year. Each selected company has received debt financing in the range of... |
| 23.07.2024 | New Fund to Transform Nutrition Landscape in Sub-Saharan Africa launched | July 2024
Incofin and the Global Alliance for Improved Nutrition (GAIN), in partnership with the U.S. Agency for International Development (USAID) and the Swiss Agency for Development and Cooperation (SDC) have teamed up to launch the Nutri... |
| 17.06.2024 | Launch of Global Gender-Smart Fund | World’s largest gender-lens fund starts operating with new investment strategy to help address the USD1.7 trillion gender gap
June 2024: The Global Gender-Smart Fund (GGSF), the world’s largest gender-lens investment fund, has implemented a... |
| 11.06.2024 | Arthan Finance secures INR 50 crores in series B funding to drive expansion and technological advancement | Mumbai, June 10, 2024 – Arthan Finance, a leading Non-Banking Financial Company (NBFC) specializing in loans for self-employed nano and micro entrepreneurs, has raised INR 50 crores from marquee investors such as Incofin India Progress Fund... |
| 28.05.2024 | Incofin and Maj Invest commit USD 13 million to SAVE Group | Chennai, 20 May 2024: International asset management companies Incofin and Maj Invest collectively invest USD 13 million in India’s leading rural financial services conglomerate, SAVE Group. The funding comes from Incofin India Progress Fun... |
| 17.05.2024 | Inaugural investment of the Incofin Climate Smart Microfinance Fund | Our flagship Incofin Climate-Smart Microfinance Fund (ICMF) has made its first investment: USD 2 million in Bank Arvand, Tajikistan.
ICMF sets its focus on the social aspects of climate change. The fund invests in those who must address the... |
| 23.02.2024 | Incofin Foundation launches an Agritech Innovation Call in Latin America | Incofin Foundation, with financial support from IDB Lab, has launched an Innovation Call ‘Advancing Digital Innovation for Smallholder Farmers in Latin America’. The Innovation Call is hosted by GSMA, the technical partner for this initiati... |
| 05.02.2024 | Incofin India Progress Fund invests EUR 5.6 Million in Kashmir-based Horticulture Technology Enterprise Qul Fruit Wall | Incofin India Progress Fund has invested EUR 5.6 m (INR 500m) in Qul Fruit Wall Farm Installations Private Limited (Qul), a Kashmir based horticultural startup. Qul becomes the first agtech in the region to receive global institutional capi... |
| 24.11.2023 | Incofin extends financing to Bolivia’s largest microfinance bank | Incofin, a global impact investor, continues to fuel the remarkable journey of Banco FIE with an infusion by Invest in Visions for USD 10 million. This substantial commitment marks another chapter in a partnership, focused on financial incl... |
| 16.11.2023 | Incofin Foundation partners with IDB Lab and GSMA to support agtech solutions for smallholder farmers in Latin America | Incofin Foundation, a private foundation established in 2021 by Incofin Investment Management with the purpose of scaling social and environmental impact that complements the return of its investments, has recently launched a project funded... |
| 27.10.2023 | Incofin Continues to Shine: Three Consecutive Years as Belgian Asset Management Company of the Year | We are thrilled to announce that Incofin has been honoured with the prestigious title of Belgian Asset Management Company of the Year for the third consecutive year in 2023, as awarded by Global Banking & Finance Review. This remarkable... |
| 16.10.2023 | Incofin’s Water Access Acceleration Fund (W2AF) invests EUR 7.5 million in Rite Water | Today (Oct 16th, 2023), being the ‘World Food Day’ and the theme of this year is “Water is life, Water is food. Leave no one behind”, Incofin’s Water Access Acceleration Fund (W2AF) announces its first investment of in Rite Water Solutions ... |
| 28.09.2023 | Impact on Climate: Ecuador | Climate change is now. We must ensure that the most susceptible to the impacts of climate change – who are often already among the most vulnerable – are not left behind. Climate change is as much an environmental challenge as it is one of l... |
| 25.09.2023 | Incofin invests to bolster sustainable agriculture and climate resilience in Benin | Incofin invests EUR 2 million in PEBCo-Bethesda in Benin. The funding comes from the Agricultural Liquidity Fund (ALF) and is a testament to Incofin’s dedication to advancing sustainable agriculture and climate resilience through financial ... |
| 19.09.2023 | Incofin sells its equity stake at Unguka Bank in Rwanda | RIF II sold its entire 28% participation in Unguka Bank in Rwanda. Since its investment in 2012, RIF II has helped the company more than double its total assets from USD 14 million to USD 29 million, growing into the largest microfinance ba... |
| 10.08.2023 | Let’s Channel Climate Finance to Those on the Climate Front | This difference in the pace of development of climate mitigation and adaptation standards has led to an unintended consequence: that the story of climate finance today is the story of climate mitigation. Less than 10 percent of all climate ... |
| 07.08.2023 | Project Incofin boosts cashew nut farmers in Burkina Faso according to survey | Africa dominates global cashew nut production with 56% of the market. Surprisingly, only 10% is processed locally. Enter Anatrans – the exclusive supplier of Nuts2 – and the leading processor in Burkina Faso, empowering 4,000 local farmers.... |
| 31.07.2023 | Incofin India Progress Fund invests in Varashakti Housing Finance | VHF, led by Ms. Sahaana Sankar, focuses on the rural housing finance market, offering loans for asset creation in three South Indian states. With the loans benefiting women, who serve as either primary borrower or co-applicant, VHF has cate... |
| 11.06.2023 | Impact On Climate – episode 1: electric vehicles in India | Climate change is now. We must ensure that the most susceptible to the impacts of climate change – who are often already among the most vulnerable – are not left behind. Climate change is as much an environmental challenge as it is one of l... |
| 09.06.2023 | Microfinance in Cambodia in 8 burning questions | A lot of ink has been devoted in the press about the rapid growth of the microfinance sector in Cambodia. Unfortunately, too rarely the focus has been on shining a light on the positive financial and welfare impacts for households by giving... |
| 03.06.2023 | Financial Times features Incofin’s water fund in video | In March, the Financial Times covered the news of the launch of the Water Access Acceleration Fund, Incofin’s initiative to provide safe drinking water for 30 million people by 2030. Now the newspaper featured the fund launch as an inspirin... |
| 05.05.2023 | Fairtrade @work-label for Incofin | |
| 20.04.2023 | Incofin raises growth capital from new shareholders DPAM and Korys | According to a survey (GIIN, 2022) the size of the global impact investment universe amounts to EUR 1 trillion. These investment play a vital role in achieving the Sustainable Development Goals (SDGs). However, a funding gap to reach the SD... |
| 16.03.2023 | Incofin launches pioneering fund to provide drinking water for 30 million people | W2AF is the first private equity initiative in a sector that is traditionally financed by governments, donors and foundations. The fund aims to demonstrate the financial viability of the safe drinking water market worldwide. It has a blende... |
| 07.03.2023 | Maria Alexandra sets an inspiring example for many women in Ecuador and far beyond | |
| 09.02.2023 | Incofin reached final close on its India Progress Fund | Incofin launched the private equity fund in the summer of 2021 to build upon Incofin’s decade long strong Indian footprint with successful growth capital investments. The final investor base is comprised of a diverse set of private and inst... |
| 09.02.2023 | Incofin reaches final close of its India Progress Fund | Belgian impact investor Incofin, announces the final close of its India Progress Fund (IPF). Investors entrusted USD 77 million of capital to the fund to continue investing in financial inclusion and the agri-food value chain in the Indian ... |
| 24.01.2023 | Women leadership in the coffee trade in DRC | SOPACDI (Solidarité pour la Promotion des Actions Café et le Développement Intégral) is a coffee processing and exporting cooperative located in North Kivu, DRC. Founded in 2006, the institution is recognized as the first and most longstand... |
| 12.12.2022 | Bianca, the inspiring leading lady of MicroCred | |
| 29.11.2022 | 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 i... |
| 28.11.2022 | 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 s... |
| 23.11.2022 | Incofin makes a second investment in agritech company SuperZop | This first year of investment was marked as a year of growth for our Indian partners, which confirmed Incofin’s trust and the trust of all the investors of the Incofin India Progress Fund to make this second investment. |
| 21.11.2022 | Inspiring women: meet Raushan from Arnur Credit | |
| 03.11.2022 | Incofin is with a 27% participation one of the new shareholders for Banco Popular | Impact Investor Incofin has just become one of the new shareholders of the biggest microfinance player in Honduras. |
| 28.10.2022 | Incofin named Belgian asset manager of 2022 | |
| 27.10.2022 | The founder of Kashf Foundation is starring Incofin’s newest episode on inspiring women | |
| 18.10.2022 | New episode of Incofin’s series starring inspiring women | |
| 07.10.2022 | Incofin starts a series starring inspiring women | We kick off with Fatou Dieng from Crédit Mutuel Sénégal (CMS). Fatou Dieng has been the CFO of CMS Senegal for over a year now, after doing the same job for PAMECAS. She has more than 20 years of experience in the microfinance sector. |
| 06.10.2022 | Incofin launches series starring inspiring women | |
| 04.10.2022 | Incofin’s India focused fund invests in electrical vehicles | Delighted to partner with Incofin, Kapil Garg, Co-founder and Director of Mufin Green commented: “This funding has put us in the forefront of an organised electrical vehicles financing sector. We are planning to disburse income-generating l... |
| 22.09.2022 | Incofin part of new capital round for Light Microfinance | Chauhan is one of those women. She has been a member of Light Microfinance for over five years. As the primary wage earner of a six-member family, she was in dire need of income augmentation. She didn’t start in cattle rearing, but with the... |
| 22.09.2022 | Incofin cvso helps female entrepreneurs who suffered from extreme floods in Pakistan | |
| 14.09.2022 | Incofin leads capital round for first-farmer led company in India | India is a country with an aspirational, young population (74% of the population is younger than 45 years) focused on enriching their lives through hard work and entrepreneurship. At the same time, the country faces challenges like inequali... |
| 09.08.2022 | Incofin reaffirms its alignment with the highest impact standards in the industry | This statement re-affirms the alignment of Incofin’s impact management systems with the nine Principles and reflects the continuous enhancements made to our processes across the different sectors we are supporting – namely financial inclusi... |
| 09.08.2022 | Incofin reaffirms its alignment with the the highest impact standards in the industry | This statement re-affirms the alignment of Incofin’s impact management systems with the nine Principles and reflects the continuous enhancements made to our processes across the different sectors we are supporting – namely financial inclusi... |
| 01.07.2022 | Incofin invests in fintech that facilitates access to capital for women entrepreneurs | Incofin Investment Management is investing a total of USD 6 million in the Indonesian fintech Amartha, a peer-to-peer platform that connects urban investors with thousands of entrepreneurial women on the countryside. |
| 26.05.2022 | Incofin sells its 20% equity stake in ACEP Burkina | Incofin CVSO, managed by Incofin Investment Management, sold its entire 20% participation in ACEP Burkina, which has enabled the fund to achieve an attractive return on investment. Incofin cvso has been ACEP’s investor from the very start o... |
| 17.05.2022 | Incofin towards a promising future: an interview with the two co-CEOs | Geert: In 2001, when we founded Incofin, the concept of impact investing had not yet been coined. It has been a real start-up story with strong motivations and brilliant ideas from the beginning, but not always with the organizational model... |
| 22.03.2022 | World Water Day – Incofin’s W2AF is ready to start to move things | Today is World Water Day. A good opportunity to stand still at the fact that 1 out of 3 people in the world have no access to safe drinking water. This is where Incofin’s initiative, W2AF (Water Access Acceleration Fund), comes in: a blende... |
| 23.02.2022 | Impact investors ask EU to modify the AIFMD II Proposal | Incofin and other leading European impact investing firms launch a joint call for action to modify the AIFMD II Proposal. We welcome the proposed amendments that aim to further integrate the EU market for AIFs and harmonise rules. However, ... |
| 17.02.2022 | Investment by Incofin cvso lets Kyrgyz entrepreneurs grow | Incofin cvso recently extended a loan to Kyrgyz Bailyk Finance – with over 45,000 customers and 43 offices, one of the largest microfinance institutions in the country. Bailyk Finance was founded in 2011 with the mission to create affordabl... |
| 17.01.2022 | Incofin appoints future-proof governing bodies | To be ready for the future Incofin Investment Management has further strengthened its governing bodies. With effect from today, the company will be led by Co-CEOs Geert Peetermans and Paul Buysens. With Dina Pons joining the Management Boar... |
| 24.12.2021 | Funding to let vanilla farmers enjoy the fruits of their labor as much as consumers do | Vanilla is one of the most popular spices in the world, but vanilla farmers usually don’t benefit much from the high prices end customers are willing to pay. This concern led Incofin investing in vanilla via the Fairtrade Access Fund. |
| 17.12.2021 | Impact grows corn … and hope | Ana Mamani Quispe, 38 years old, is a client of the Bolivian microfinance institution Crecer since 2007. She lives together with her husband and son in Bravo, a village just under km from the city of El Alto. The village is located in the I... |
