Axis and Innpact have launched the first impact investing platform in Mauritius, the Mauritius Impact Finance Gateway to Africa (MIFGA). This innovative structure enables fund promoters to set-up and manage impact finance vehicles in an efficient and cost-effective manner while benefiting from the support of leading service providers in the industry.
MIFGA has been designed as a turnkey solution addressing the key challenges typically faced by new impact funds: complexity of blended finance structures, time to market and availability of resources, especially during the ramp-up phase. The platform leverages on the 10-year experience of Innpact in the establishment of 20+ structured vehicles for public, private and non-profit organizations, as well as in the delivery of portfolio and risk management services to major players in the impact finance industry. Through Axis and its sister company BLC Robert, fund promoters benefit from state-of-the-art domiciliation, fund administration, accounting and legal services in Mauritius with a strong direct expertise of African jurisdictions. BLC Robert is a member of ALN, a pan African alliance of top tier law firms.
MIFGA combines the advantages of a lean and flexible operating model with the robustness and track record of its members in supporting impact funds. Drawing on the expertise of Innpact, Axis, BLC Robert, Standard Chartered Bank and the Mauritius Commercial Bank, MIFGA offers a comprehensive fund management solution to impact investment managers willing to focus on their core area of expertise: deal management.
For more information, please visit our website: www.mifga.fund
About Axis
AXIS is a leading service provider in Mauritius offering a full spectrum of corporate, fiduciary, tax & accounting and fund administration services to a diversified client base, including Development Finance Institutions, Angel Investors, Institutional Investors, Family Offices, GPs and Investment Managers.
Contact information
Adnan Razzak Head of Funds & Investor Services, Axis Fiduciary Ltd
Phone: +230 403 25 00
Email: adnan.razzak@axis.mu
Website: www.axis.mu