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Refugee Investment Facility

2024 update:

Investments made: 3

Capital budgeted to be invested: $4 million

Capital disbursed: $925,000

Impact to date: Access to farming training and essential goods (farming inputs) provided to 1,800 smallholder farmers in refugee hosting districts.

Impact expected: Over 16,000 refugees and host communities to be reached across access to key goods & services (farming inputs) and access to decent livelihoods (joining agribusiness supply chain).



Commitment:

The Refugee Investment Facility is a collaboration between the Danish Refugee Council and iGravity created to channel capital and technical assistance to private enterprises in refugee hosting areas to support and incentivize their positive impact on job creation, skills development, and access to products and services for refugees and their host communities. The Refugee Investment Facility will invest in a minimum of 10 refugee supporting business across Uganda and Jordan (and potentially other countries affected by forced displacement) by 2027, reaching a minimum of 27,000 refugees and host community members through the business activities of its investees.


Partners: iGravity, IKEA Foundation, the Conrad N. Hilton Foundation, the Novo Nordisk Foundation, ECHO – EU Humanitarian Aid, The Danish Ministry of Foreign Affairs (Danida) and Cabrini World - Missionary Sisters of the Sacred Heart of Jesus.

Locations
Africa, Jordan, Uganda
Sector
Financial services
Organization involved
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Danish Refugee Council