2024 update:

Investments made: 3

Capital budgeted to be invested: $1.3 million

Capital disbursed: $700,000

Lives impacted: 2,700

Amount of capital (non-Acumen) leveraged by companies : $1.25 million

Commitment:

With support from the Hilton Foundation and the Swiss Agency for Development & Cooperation, Acumen is launching a pilot investment initiative in frontier markets in East Africa to invest $1.5 million of equity into early-stage social enterprises that are inclusive of forcibly displaced people (FDP) as employees, suppliers and customers. In addition to investment capital, Acumen will provide investment readiness support and technical assistance to these businesses to help them overcome key challenges in their business models and deepen their inclusion of FDP, and share insights with the impact investing ecosystem.

Supporting partners include: Hilton Foundation, Swiss Agency for Development & Cooperation (SDC)