PEAMEF is a US$40m private equity fund organized under the laws of Mauritius as a ten-year close-ended fund, with Progression Capital Africa as the Investment Manager thereof. The Fund is the initiative of three Partners - Lydia Koros (Kenyan), Mathias Katamba (Ugandan) and Andrej Machacek (British) with over three decades of combined experience in Microfinance, Commercial Banking, Capital Markets and Investment Banking.
PEAMEF is a genuinely local African fund, operating as an actively involved, commercially and socially responsible equity investment partner for companies involved in furthering the financial inclusion agenda primarily in Kenya, Uganda, Tanzania, Rwanda and Zambia, as well as further afield.
In addition to providing capital, we also support our partner institutions with assistance on strategy, financial planning, capital raising, risk management, corporate governance plus operational retail banking and microfinance best practices.
As capital requirements begin to rise and as many microfinance institutions begin to take on the challenge of scaling their operations to reach more of the underserved populations, our Fund provides the needed support to build strong Institutions.
A signatory of: