Acre Impact Capital Announces First Closing of Export Finance Fund I

Acre Impact Capital, an impact investment manager, announced that it has successfully closed its Export Finance Fund I with commitments of approximately US$100mn, aiming for a target size of US$300mn. The fund has attracted diverse investors including institutional investors, major Development Finance Institutions (DFIs), family offices, and impact-first investors such as Trimtab Impact and Ceniarth. Notable DFIs like the European Investment Bank and FSD Africa Investments have also contributed.

 Acre Impact Capital's Export Finance Fund I is the first of its kind to utilize the transaction facilitation role of export credit agencies for impact, addressing the critical financing gap for African climate-aligned infrastructure. The fund is committed to gender smart investing and aims to ensure at least 30% of its portfolio meets the 2X Criteria, promoting gender balance at the fund manager level.