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Steward Redqueen evaluates French impact fund FISEA for Proparco

Established in 2009 on the initiative of the French president, FISEA was one of the first Africa-focused impact funds of its size. Our study focused on FISEA’s contribution to job creation and economic growth in the first five years of the fund’s life. Our analysis included a quantitative analysis of the 500+ company portfolio and a study of indirect socio-economic effects in terms of jobs and economic value added. Key findings include that FISEA supports around 75,000 jobs directly and over 500,000 indirectly in 32 different African countries. 

Steward Redqueen helped us to measure and determine the key findings of FISEA. This evaluation will be an excellent tool to manage the fund in an efficient and impactful way in the future.
Odile Conchou
Head ESG and Development Impact - Proparco
Odile Conchou