We are delighted to announce that the Vita Green Impact Fund (VGIF), of which Total Impact Capital serves as agent, has been spotlighted in this month's edition of Selamta Magazine, the official publication of Ethiopian Airlines.

Despite the massive potential of the impact investing market worth an estimated $1.2 trillion, only 2% of that goes to health-related investments in Africa. Total Impact Capital has been playing a role in catalyzing more investments in this regard through its two recent actions: the structuring of the Transform Health Fund, a fund designed to support underserved populations and finance the scaling of locally-led health supply chain, digital, and care delivery solutions; and its efforts tied to Outcomes Accelerator to help further develop a pay-for-performance supply chain trust fund.

Vita, an Irish Non-Governmental Organization that has been supporting farmers and communities in Africa for over 34 years, announced the closing of the Vita Green Impact Fund with EUR 10 million in total funding, including debt from Mercy Investment Services, Franciscan Sisters of Mary, Sisters of St. Joseph of Peace, St. Patrick’s International, Franciscan Sisters of Perpetual Adoration, Partners for the Common Good, and the Osprey Foundation. Total Impact Capital acted as an agent for the Lenders, most of whom were organized under the aegis of the Catholic Impact Investing Collaborative.

Azure Source Capital, a blended finance facility managed by Total Impact Capital and created in 2018 by Catholic Relief Services (CRS) and IDB Lab, announced an additional $2.4 million in senior debt to enable small-scale water utilities in Latin America to access commercial loans to finance improvements and expansion of water and sanitation infrastructure. The additional financing brings Azure’s total capital commitments to $12.2 million.

Total Impact Capital has been selected to be part of a critical funding cohort for the Catalytic Capital Consortium (C3) Grant-making program. C3 has just announced its new awards recipients, who are meant to strengthen the infrastructure of the catalytic capital market and fuel solutions that accelerate the flow of this vital form of impact investing. C3 is supporting Total Impact Capital's work in creating an Impact Notes program that will provide capital to scale proven high-impact funds or financing facilities serving low-income communities in emerging markets worldwide.

Total Impact Capital CEO and Founding Partner, John Simon, speaks about sustainability and corporate responsibility at a conference in Bolivia hosted by Fundación Milenio. The conference focused on Bolivia’s economic and governance challenges with a goal of exploring new development strategies to boost Bolivia’s sustained and equitable growth.

Total Impact Capital and partners, such as the Africa Resource Centre (ARC), plan to undertake late-stage design to work launch a Pay-for-Performance Supply Chain Trust to enhance the performance of private sector medical supply chains in Cote d’Ivoire, Ghana, Kenya, Nigeria, and Rwanda. The proposal has been chosen as one of eleven projects shortlisted by The Outcomes Accelerator Governing Committee to be considered for the Outcomes Accelerator Inaugural Cohort.

Total Impact Capital, Europe is excited to announce the launch of Nyala Venture, in partnership with Cardano Development - backed by an £8 million anchor commitment from FSD Africa Investments - to support a new class of local capital allocators, with a focus on women-led businesses on the continent. Nyala Venture will provide investment capital and capacity-strengthening support to local capital allocators across sub-Saharan Africa.

On episode 112 of the Sustainable Finance Podcast, John Simon (TIC Founding Partner) spoke with Paul Ellis (Host of the Sustainable Finance Podcast) to discuss how TIC is using blended finance to fund social enterprises with expertise in achieving several of the United Nations Sustainable Development Goals, including #6: Clean Water and Sanitation for all by 2030.