GIP Zambia advances its fourth investment with a ZMW 50 million commitment to Altus Financial Services
Summary
GIP Zambia has committed ZMW 50 million to Altus Financial Services as its fourth investment. The capital will help Altus expand its microfinance operations, grow its branch network, and serve more public sector employees and micro-entrepreneurs. Altus currently operates 12 branches and serves more than 2,700 active borrowers across Zambia. The deal highlights continued investor interest in inclusive lending and formal credit access in the Zambian market.
Funding
Amount
None
Total raised
Date
June 16, 2026
Announcement date
Investors
Bank Of Zambia, Swedfund International, Maison Galaxy
Lead investors
Company
altusfinancialservices.com
Funded company
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