Focus on the "Missing Middle"

SDG invests in banks and financial institutions in Sub-Saharan Africa, with the goal to strengthen and refocus them on the "Missing Middle" market segment: SMEs, the unbanked (employees, families and community members of SMEs) and low- and middle-income households in need of mortgage financing.

By transforming the financial institutions and supporting their customers, SDG provides both financial and social returns for investors looking to contribute to economic growth and development in Africa.

SMEs

Mckinsey estimates that the SME credit gap in Africa is over $100 billion.

Unbanked

According to the World Bank, less than 20% of African households have any access to formal finance.

Housing Finance

Africa's middle class is growing and need housing, but only 10% of the population can afford mortgage finance.

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