MICROCAPITAL BRIEF: Oxfam, Goodwell Launch Pepea, $23m Fund to Invest in SMEs in East Africa

Two Netherlands-based organizations, the NGO Oxfam Novib and for-profit Goodwell Investments recently partnered to create Pepea Fund, with EUR 20 million (USD 22.8 million) from Oxfam Novib to support small and medium-sized enterprises (SMEs) in Kenya, Ethiopia and Uganda. Goodwell Investments will