Fund Description
InReturn East Africa invests in SMEs in Kenya, Uganda and Tanzania. The focus is equity investments in growth companies. InReturn takes a hands on approach, providing management support.The target is market-related returns as well as social impact.
Fund Mission
Create economic growth and employment in emerging markets by financing growing small and medium enterprises and generating financial and social returns for investors and stakeholders.
Vintage Year
2009
Geographic and Industry Investment Targets
Target Industry
Construction | Electricity, gas & air conditioning | Financial & insurance activities | Human health & social work | Manufactured Goods | Mining & quarrying | Professional & technical services | Transportation & storage
Target Industries Description
Construction, manufacturing, logistics, healthcare, services, agroprocessing, ICT, energy
Investment Region(s)
Sub-Saharan Africa
Countries of Investment
Kenya | Tanzania | Uganda
Geographic Target Description
East Africa, specifically Kenya, Tanzania and Uganda with local presence in each country. Target allocation is Uganda 25%, Tanzania 25%, Kenya 50%.
Impact Investment Targets
Impact Targets
Socially beneficial prod/serv | Environmentally beneficial prod/serv | Targeting the underserved | Workforce development | Socially beneficial supply chains | Environmentally beneficial practices
Impact Targets Description
Jobs created, wage growth, % of employees with health insurance, good governance and compliance with legal, tax and environmental requirements. Meeting these targets is linked to financial terms on the entrepreneur and fund manager levels.
Socially Beneficial Products & Services
Health | Infrastructure/market access | Economic &/or empowerment opportunities | Capital Flow (microfinance, equity, etc)
Environmentally Beneficial Products & Services
Renewable energy/Cleantech