Sage Grey Finance Limited has unveiled a series of new impact-driven initiatives, including the launch of its Catalyst Fund, as part of efforts to deepen sustainable development and expand access to financing for underserved communities in Nigeria.

The announcement was made at the company’s flagship event themed “Advancing Impact: Sage Grey’s Way Forward”, held recently in Lagos.

Speaking at the event, the Managing Director and Chief Executive Officer of Sage Grey Finance, Temitope Runsewe, said the new initiatives are designed to reinforce the company’s commitment to impact financing by offering tailored financial solutions that deliver measurable environmental and social returns.

“In today’s interconnected world, businesses cannot thrive long-term in isolation from the health and prosperity of the communities and environment they operate within,” Runsewe said. “Impact and financial returns are not mutually exclusive. We see them as intertwined forces capable of creating a powerful synergy.”

The newly launched initiatives include the Sage Grey Catalyst Fund, targeted at women and youth entrepreneurs and offering blended finance alongside leadership development support. Others are the MSME Growth Engine, which provides flexible funding and business support to small and growing enterprises, and the Community Empowerment Fund, a grassroots initiative offering tiered grants and capacity building to community-led projects.

The event also featured a panel session on “Driving Impact Financing Opportunities in Africa”, with speakers including Special Adviser to the Lagos State Governor on Climate Change, Titilayo Oshodi,  and Circular Economy; Chief Impact Officer at the Bank of Industry, Uchechukwu Nwachuku; Risk Management Partner at BDO Professional Services, Ajibola Falola; Managing Director of Selai Gas Station Limited, Damilola Owolabi; and Executive Director at Sage Grey Finance, Adejumo Atiba.

Since its licensing by the Central Bank of Nigeria in 2021, Sage Grey has integrated environmental, social, and governance principles into its operations and aligned its activities with the United Nations Sustainable Development Goals. The firm also supports community-based innovations such as Morit International School’s plastic-for-fees initiative, which allows parents to pay tuition using recyclable plastics.

The PUNCH reported that Financial institution Sage Grey Finance Limited and its sister company, Sage Grey Technologies, have recommitted to the provision of impact-driven solutions for businesses.