ACCT – Africa Conservation and Communities Tourism Fund

ThirdWay Partners (TWP), an impact investment & advisory firm, and The Nature Conservancy (TNC), the world’s largest conservation NGO, have launched the Africa Conservation & Communities Tourism (ACCT) Fund. The ACCT Fund was established in 2021 in response to the impacts of COVID-19 to conservation, communities and tourism operators in Central and Southern Africa reserves. Its specific aim is to alleviate the short and medium-term financial stress of well-managed conservation tourism companies and to increase the conservation and community outcomes delivered by these businesses. The cornerstone investor is KfW Development Bank on behalf of the German government.

This fund is a landmark and innovative Covid-19 response fund. Working capital from the fund is expected to help safeguard tourism companies with the highest potential to support critical conservation landscapes and the communities that depend on them, whilst delivering quantified, scientifically sound impact outcomes and targeting to deliver a financial return to impact investors.

Sustainable wildlife tourism is key to alleviate the pressures on wildlife and natural areas. The ACCT Fund partners with tourism companies to support them in facing these numerous challenges, make them more resilient through access to flexible, scalable capital solutions which will benefit both nature and the people who are its stewards.

Source : https://www.acct.fund/the-challenge

Innpact Fund Management S.A. was selected to be the Alternative Investment Fund Manager (AIFM) in late 2021 and worked with the initiators of the fund to launch it as a RAIF.

Third Way Partners is the Investment Advisor and the AIFM is responsible for Portfolio Management. Additional support services are provided by Innpact S.A.

• Name:  Africa Conservation and Communities Tourism Fund SCSp SICAV-RAIF
• Inception: December 2021
• Domicile: Luxembourg
• Investment Advisor: Third Way Partners (TWP)
• AIFM: Innpact Fund Management S.A.
• Portfolio Manager: Innpact Fund Management S.A.
• Sector: Nature conservation, communities and tourism
• Geographic Focus: Central and Southern-Africa
• End‐Beneficiaries: Strengthening tourism operators and support of conservation
• Financial Instruments: Private debt
• Type: Luxembourg SCSp SICAV RAIF
• SFDR Classification: Article 9
• Info: www.thirdway.earth/asset-management2