Incofin, through its Water Access Acceleration Fund (W2AF), has announced a significant $3 million investment in Spouts International, a prominent East African manufacturer and distributor of ceramic water filters under the Purifaaya brand.
This funding is intended to support Spouts’ mission of expanding access to clean water across the region and enhancing its carbon credit program. Spouts’ ceramic water filters offer an affordable and sustainable solution for providing safe drinking water. These filters eliminate the need for boiling water, a common practice in Africa that heavily relies on firewood and charcoal, contributing to deforestation and carbon emissions.
“Incofin is proud to partner with Spouts, a team that has shown remarkable dedication to bringing safe drinking water to underserved communities,” said Wanjiru Waithaka, Incofin’s Regional Director for Africa. “Through this collaboration, we aim to foster healthier and economically resilient communities. Our vision is a future where access to clean water is a universal right, empowering families to focus on education, livelihoods, and building brighter futures.”
Spouts CEO Daniel Yin expressed enthusiasm for the partnership, calling it a transformative milestone for the organization. “Incofin’s investment is a pivotal moment for Spouts. It will allow us to double our reach in the next five years. We look forward to our collaboration as we enter this new phase of growth and impact,” he said.
Incofin ventured into the drinking water sector in 2023 and has been actively deploying its W2AF to support impactful initiatives. This latest investment underscores the fund’s commitment to addressing water access challenges and promoting sustainable solutions in underserved regions.
