IMPACT FINANCE FUND
(Tenor: 180 Days) Asset/Commodity-Backed Structured Trade Finance Fund focusing on African alternate financing opportunities with an Impact Investment focus
The Fund will not invest in any fossil fuel assets such as coal, diesel or petroleum, any metals, minerals and ores extracted from the ground, in any business where the primary business is that of extraction of minerals or any such commodities. The Fund may invest in bitumen, paraffin and kerosene, fertiliser products such as urea, MAP, ammonia nitrate, CAN, phosphorous rock and acid sulphur and sulphuric acids.
The Fund will leverage off of globally-recognized Impact Investment Key Principles in order to construct its own set of Barak Impact Reporting Criteria.
Key Impact Criteria include: Job Creation, Equality and Empowerment, Wage Increase, Food Security, Agricultural Productivity, Environmental and Social Responsibility