COFIDES celebrates 30 years and awards GAWA Capital for its contribution to social development

Updated: Jun 5, 2019

Madrid – December 2018.

The Spanish Development Financing Company, COFIDES, celebrated its 30th anniversary on December 11th, in an event participated by the Minister of Industry, Commerce and Tourism, Reyes Maroto and the Secretary of State for Commerce, Xiana Méndez. Both politicians recognized the relevant role played by COFIDES in the financing for the internationalization of Spanish companies, generating value and wealth in developing countries, through jobs creation and improvement of the quality of life.  The event was composed of five sections:

  • A presentation of COFIDES track record by its Chief Executive Officer, José Luis Curbelo;

  • A video conference on public policies by Paul Collier, Professor of Oxford University;

  • A panel on foreign investment financing moderated by COFIDES general director (Rodrigo Madrazo), and joined by representatives of Banco Santander - International Business, EDFI, Elecnor - Structured Finance and MCH Private Equity;

  • Act of recognition and gratitude to all the presidents of COFIDES;

  • Internationalization and Development Awards ceremony (5th edition).

COFIDES awarded 5 institutions for their contribution to the internationalization and foreign development promotion in five different fields:

  1. Association of Internationalized Industrial Companies (AMEC) for internationalization promotion;

  2. Spanish Agency for International Cooperation for Development (AECID) for institutional collaboration;

  3. GAWA Capital for impact investment;

  4. Elecnor as foreign large company project;

  5. Opticalia as foreign SME project.

GAWA Capital has been selected for its extensive experience in impact management and its advisory role in Huruma investment fund, the first project that will have the combined funding of the European Union, AECID and COFIDES (blending finance). This project will improve access to financing for small farmers in Latin America, the Caribbean, sub-Saharan Africa and Asia.

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