Who We Are
Our Approach
The principles and methods that guide how we deploy capital and build capacity.
- 99
- Active commitments
- 5
- Instrument types
- 3
- Regions, one framework
- 100%
- Independently evaluated
A consistent method: originate with members, blend and de-risk capital, build local capacity, and measure everything.
One method, end to end
The coalition runs a single investment method across three regions and ten sectors. It is deliberately unexciting: originate with the member, structure to de-risk, deliver capacity alongside the capital, measure against a common framework, and exit when the market or the institution can carry the asset alone. Every section below is a stage of that pipeline.
Stage one — originate with members
Pipeline is sourced through member central banks and finance ministries, never around them. That single design choice does most of the work: every commitment aligns to a national priority from the day it is a memo, local institutions are inside the deal from the start, and the coalition never has to retrofit legitimacy onto a transaction.
Stage two — structure to de-risk
The coalition rarely acts alone. Concessional capital, guarantees, and first-loss layers are structured to mobilise private and institutional money at a multiple of the coalition’s own outlay. The instrument follows the problem:
- Concessional loans where tenor and pricing are the barrier to a bankable deal
- Guarantees and first-loss layers where perceived risk exceeds real risk
- Blended structures where commercial capital can take part of the risk but not all of it
- Equity where growth capital and alignment matter more than debt service
- Grants where the return is institutional, not financial
Stage three — deliver capacity with the capital
Every commitment carries a capacity-development component — institutions, skills, and data — so the gains outlast the financing and compound across the wider economy. Capital that leaves nothing behind is a transfer; capital that builds the institutions around it is an investment. Capacity is delivered alongside the money, not after it, because sequencing is what decides whether it sticks.
Stage four — measure and publish
Every commitment is tracked from approval to outcome on one results framework, across all regions and sectors, and the results are published. Independent evaluation reports directly to the Governing Council, above management. The coalition is judged on what its capital changed — jobs, resilience, institutional depth — not on what it disbursed.
Stage five — exit by design
Exit is planned at origination, not improvised at maturity. A commitment succeeds when the market refinances it, the institution operates it, or the asset sustains itself — and the coalition’s capital recycles into the next gap. The exit test is blunt: does it run without us?
Risk, priced honestly
De-risking does not mean pretending risk away. The coalition holds the risk the market cannot yet price — political transitions, first-of-kind assets, unproven counterparties — and syndicates the risk it can. Portfolio limits cap concentration by economy, sector, and instrument, and the Risk & Compliance office reviews every commitment independently of the teams that originate it.
What we will not do
Discipline is also refusal. The coalition declines commitments that cannot show additionality, that concentrate risk without sharing it, or that would leave no institution stronger than they found it. A crowded pipeline is not the goal; a portfolio that compounds is.
The right question is never “how much did we deploy” — it is “what still stands after we leave.”
Engagement