Share the page
Supporting the growth of JetStream, a specialist in technical solutions for African exporters
Project
-
Signature date
-
-
Location
-
Egypt, Ghana, Nigeria, Multi-country Africa
-
Financing tool
-
Financing amount (Euro)
-
600000
-
Financing details
-
EUR 600,000 loan
-
Customer
-
Jetstream Global, Inc.
-
Type of customer
-
Company
-
Project number
-
PGH1102
-
Environmental and social ranking
-
C
This information is given at the time of signature, without prejudice to any developments in the operation/project.
Proparco has allocated EUR 600,000 of financing via Bridge Fund by Digital Africa to JetStream Africa, a company based in Ghana.
Client presentation
JetStream is a company that uses its technology, networks and systems to allow African companies to finance, manage and rapidly control their regional supply chains.
Project description
The operation involves EUR 600,000 of financing, via Bridge Fund by Digital Africa, to allow the company to continue its growth in preparation for its upcoming Series A fundraising.
This project is part of the 2X Challenge initiative. This multi-stakeholder initiative aims to support projects that empower women as entrepreneurs, business leaders, employees and consumers of products and services, and increase their participation in the economy. This initiative thereby contributes to Sustainable Development Goal 5 on gender equality.
Project impact
Bridge Fund by Digital Africa is an acceleration and growth tool for start-ups and a solution in response to the increased financing difficulties related to the Covid-19 crisis.