The Currency Exchange Fund (TCX) contributes to reducing currency risks for local economies by hedging these risks in transactions between international investors and their domestic clients in frontier markets. One of the main drivers of TCX’s added value is it’s ability to better manage portfolio diversification as a pool, with contributions from multiple sources.
Frontclear is a financial markets development company focused on catalyzing stable and inclusive interbank markets in emerging and frontier markets. Frontclear facilitates access to financial markets for local institutions to local and global markets through the provision of credit guarantees to cover their counterparty credit risk.
GuarantCo encourages infrastructure development in low income countries through the provision of credit guarantees that enable infrastructure projects to raise debt finance
Impact Loan eXchange
Impact Loan eXchange (ILX) aims to improve the functioning of development finance by creating a managed investment vehicle to assist institutional investors to participate in development finance through participation in loan syndications originated by development banks with positive track record.
BIX is a pooled investment vehicle that will provide flexible debt financing to its investees through the innovative mechanism of impact pre-finance. The provision of loans is designed to help investees overcome fundamental market barriers that prevent the wider dissemination of essential household products, such as cookstoves in base-of-pyramid markets.
Water Financing Facility
The Water Financing Facility (WFF) mobilizes large-scale domestic private investment from institutional investors such as pension funds and Insurance companies in support of countries’national priority actions on adaptation and mitigation in the water sector, thereby also contributing to ensure availability and sustainable management of water and sanitation for all. It seeks to coordinate this finance with public funding and international impact investments to help bridge the investment, infrastructure, and sustainability gaps countries are facing.