Citi Impact Fund
Established with $500 million, Citi Impact Fund invests equity in U.S.-based private companies addressing societal challenges through innovative solutions. They typically co-invest alongside other venture capitalists, committing between $250,000 to $10 million across seed to pre-IPO stages. The fund focuses on four verticals: future of work, climate resilience, financial inclusion, and social infrastructure. It actively supports women and minority-led businesses.
Past deals in Senegal
The Nubian Vault Association (AVN)
Grant in 2024
Association La Voute Nubienne (AVN) promotes the development of a self-sustaining market in NV construction, by facilitating the recruitment, on-site training, and support of village masons in several West African countries (Burkina Faso, Mali, Senegal, Benin...). AVN's local teams and extension agents pump-prime and enable the growth of indigenous markets in Nubian Vault construction, providing employment opportunities, access to decent housing, and the growth of local economic circuits.
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