101 Capital Partners
Illustrative view of a coastal commercial district with port infrastructure and solar-powered rooftops

Blended capital platform · Emerging & frontier markets

Making impact investable.

We streamline the design and closing of blended capital stacks across Africa and Southeast Asia, bringing private, philanthropic and public capital into high-impact businesses, facilities and funds on one unified platform.

Start a conversation Get our latest report
Projected fall in net ODA in 2026
−6.9%Projected fall in net ODA in 2026
Expected drop in core funding to UN organisations, 2024‑2026
~31%Expected drop in core funding to UN organisations, 2024‑2026
Blended finance closed in 2024
USD 18.3bnBlended finance closed in 2024
CAGR for climate blended finance, 2019‑2024
13%CAGR for climate blended finance, 2019‑2024

§ 01 The opportunity

01

Public money is shrinking

Development aid is falling for a third year in a row. Agencies and DFIs must now mobilise private capital to deliver on their mandates.

02

Private capital is stepping in

In 2025, commercial investors committed USD 11.2bn to blended deals, more than DFIs and multilateral banks combined and up 27% from 2024.

03

Risk is shared, not ignored

First-loss layers, guarantees and DFI co-investment improve the risk-return of frontier deals. Investors get access to high-growth markets on protected terms.

04

The gap is the opportunity

In 2020, Micro Small & Medium-sized Enterprises (MSMEs) in emerging and frontier markets faced an estimated $8 trillion finance gap. 70% of MSMEs still lack adequate financing.

§ 02 Who we serve

Four kinds of client. One discipline.

UN agencies and funds

We turn mandates facing budget cuts into financing vehicles that attract new capital.

DFIs and MDBs

We build the structures that let your balance sheet mobilise more private money per dollar.

Foundations, family offices and philanthropy

We design routes for grants and impact capital to take the risk that unlocks larger flows.

Sponsors and impact enterprises

We make projects and platforms bankable so they can raise the capital they need to scale.

§ 03 Services

What we do.

  • 01

    First-loss and guarantee layers

    Risk protection that brings commercial lenders and investors into the stack.

  • 02

    Concessional and catalytic tranches

    Patient capital placed where it unlocks the most private money.

  • 03

    SPVs and financing facilities

    Ring-fenced vehicles that pool assets and make them investable.

  • 04

    Fund architectures

    Layered fund structures sized to the pipeline and the investor base.

  • 05

    Results-based and outcome instruments

    Payments tied to verified results, from impact bonds to outcome funds.

  • 06

    Philanthropic co-investment routes and donor-advised funds

    Channels that let philanthropy invest alongside public and private capital.

  • 07

    Debt swaps and sovereign solutions

    Debt-for-development and sovereign structures that free fiscal space.

  • 08

    Data

    We work with credit-data and Measurement, Reporting, Verification technology to size risk layers and price capital on evidence, not assumptions.

End to end: landscape review, investment thesis, financial model, term sheet, investor validation, and legal, governance and risk set-up.

§ 04 Where we work

Where we work.

Africa and Southeast Asia. Frontier and emerging markets where financing gaps are widest, and where well-structured capital goes furthest.

Impact we target: 2030 vision

Every structure we design is built to deliver measurable outcomes.

  • Access to finance for small businesses

    Credit facilities, first-loss layers and guarantees that let lenders reach businesses banks overlook.

    USD 120Mmobilised for small-business lending
    25,000small businesses financed
    40%women-owned or women-led

  • Food security

    Finance for inputs, storage, processing and offtake, so more of the harvest reaches markets.

    USD 50Mmobilised across food value chains
    100,000smallholder farmers with access to finance or markets
    20%average income uplift for farmers reached

  • Climate resilience

    Structures that protect communities and businesses from climate shocks, from insurance to adaptive infrastructure.

    USD 40Mmobilised for adaptation and resilience
    500,000people better protected against climate shocks
    30%+of mobilised capital directed to adaptation

  • Clean energy access

    Capital for off-grid solar, mini-grids and productive-use energy, where the grid does not reach.

    USD 60Mmobilised for clean energy access
    1 millionpeople with new or improved clean energy access
    250,000 tCO2eavoided over asset lifetimes

  • Quality jobs

    Every mandate is assessed for the number and quality of the jobs it creates.

    10,000direct jobs created or sustained
    50%held by women and young people
    100%of investees committed to fair wages and safe working conditions

We report against recognised frameworks: IRIS+, the 2X Challenge and the Joint Impact Model.

Targets, not achievements. Figures refer to capital we help mobilise, not capital we invest.

Illustrative scene of workers managing fresh produce at an African agricultural packing facility
Illustrative scene of a woman completing a public service at a digital terminal in an African city, with staff assisting and network equipment behind
Illustrative scene of a nurse with a mother and infant at a Southeast Asian community clinic

Sectors we finance

  • Climate and energy

  • Food systems and agriculture

  • Health

  • MSME finance and financial inclusion

  • Education

  • Industrial and Digital Infrastructure

Financing the Green Revolution

Our conviction: productive economies need infrastructure that is net-zero by design. We structure capital for assets that create jobs, raise productivity and anchor demand for clean power.

01

Industry 2.0

Local assembly and smart manufacturing, agro-processing, value addition for critical minerals, and green industrial parks.

02

AI & digital infrastructure

Renewable-powered compute, connectivity and edge AI.

03

Applied AI and deep tech

Technology that makes finance work: credit scoring, MRV and risk data, and first-of-a-kind plants moving to scale.

Every mandate passes the same impact test: jobs, productivity and emissions avoided.

§ 05 How we work

A four-stage discipline.

  1. 01

    Diagnose

    Map the financing need, the funders and the constraints.

  2. 02

    Design

    Capital stack, risk layers and financial model.

  3. 03

    Validate

    Test the structure with donors, DFIs and investors.

  4. 04

    Close and operationalise

    Term sheets, governance, risk frameworks and handover.

Illustrative scene of engineers walking through a power substation with transmission lines at dusk in an emerging market

§ 06 Selected work

Structures we have built.

Africa

Catalytic data-to-credit facility

Co-designed a blended credit facility with a 10-15% first-loss layer, digital MRV and gender-smart criteria to crowd commercial lenders into green MSME credit.

UN innovation office

Philanthropic co-investment

Structured co-investment pathways and donor-advised fund routes for a UN venture fund.

Central Africa

Clean asset finance

Raised bank debt to finance 900+ electric vehicles for micro-entrepreneurs.

Client names withheld.

§ 08 Team

Senior and independent.

Founding Partnerex-TotalEnergies · ex-UNICEF Office of Innovation
Portrait of Stéphane Eboko

StéphaneEboko

Blended and development finance.

Africa - Europe

Partnerex-Macquarie · ex-Alibaba
Portrait of Dana Howng

DanaHowng

Project finance and capital markets.

Asia - America

Supported by an associate network of legal, modelling and sector specialists.

§ 09 Contact

Let's structure what comes next.

For DFIs, UN agencies, foundations, investors and sponsors financing growth and impact in emerging markets.