Zafiri will serve as a blended finance vehicle — meaning it uses a mix of concessional (low-cost) and commercial capital — to help de-risk investments in companies delivering DRE solutions.
The fund will also support ecosystem development, from policy engagement and evidence generation to cross-sector convening, in order to accelerate market adoption.
Founded in 2020 by Kaoru Kaganoi and co-founder Zachary Petroni (former Safeboda Kenya operators), Peach emerged from years of lived experience in sub-Saharan Africa.
The fund will also support ecosystem development, from policy engagement and evidence generation to cross-sector convening, in order to accelerate market adoption.
Founded in 2020 by Kaoru Kaganoi and co-founder Zachary Petroni (former Safeboda Kenya operators), Peach emerged from years of lived experience in sub-Saharan Africa.
The move, which sees Yellow Card and Visa collaborating on stablecoin use cases in Africa and other emerging markets, is billed as a step forward for financial inclusion.
