The Fund will make investments in Liberia and Sierra Leone
Liberia - Given the civil conflict in Liberia, the market for new innovative businesses is strong. Most industries were destroyed and the only types of businesses thriving are large well-capitalized multinational concessions or import/export trading businesses. Thus, most SME companies are start-ups. GCP is in a prime position to serve the SME market and the existing gap for financing businesses as well as develop new businesses.
Sierra Leone - In Sierra Leone, like Liberia, the market for new innovative businesses is strong. Most industries were destroyed by the crisis and further impacted by the Ebola outbreak. Rebuilding these businesses and the infrastructure in the country is driving growth. The government in Sierra Leone has made reasonable progress to grow and stabilize the economy, albeit under challenging economic and social conditions. The economy continues to maintain relatively good growth rates since the Ebola recovery.
Sector Focus - The Fund will focus on opportunities in the following sectors: agribusiness value chain, information technology and communications, financial services, renewable energy, and light industrial manufacturing.