Cardano Development

Innovative interventions 

Cardano Development is a not-for-profit, independent foundation set up and supported by the Cardano Group. The foundation focuses on creating and developing new, but above all, practical and scalable solutions to mitigate extreme risks for end users in developing and frontier countries, such as currency risk, catastrophic risk or commodity price risks.

  1. Our role is three-fold.  Based on our existing work and contacts, we identify market gaps in the financial sector of developing countries. 
  2. We apply our expertise in risk and financial markets to develop useful and meaningful solutions that work. 
  3. And we use our network to create partnerships that can implement the solutions we create on a large scale.

Working together with the world’s leading development finance institutions, our approach has already supported over 1,500,000 small business entrepreneurs and some 17,000 farmers in developing markets.

Cardano Development and George Banda

Download the story of George Banda

Discover how our not-for-profit foundation, Cardano Development, has used innovations in strategic risk management to establish various initiatives that have created better circumstances for people in third world countries.

CardanoDevelopment_booklet_ Cardano Development
5 MB | pdf

Cardano Development

  • BIX

    BIX aims to reduce unhealthy domestic cooking and other practices and reduce carbon emission by distributing household appliances, such as improved cook stoves, via innovative risk solutions.

  • Coin Re

    Coin Re advises on drought insurance in the value chain to farming communities in developing countries.

  • GuarantCo

    GuarantCo encourages infrastructure development in low income countries through the provision of credit guarantees that enable infrastructure projects to raise debt finance.

  • Frontier Clearing

    The Frontier Clearing Corporation provides counterparty guarantees to (interbank) transactions in frontier markets based on local currency collateral, with the aim to improve export possibilities for local entrepreneurs.

  • Mantis

    Mantis provides risk quantification and forecasting tools through a dedicated portal, www.mantis.org. Mantis currently covers some 50 markets, ranging from relatively developed emerging economies such as Russia, Brazil, and South Africa, to the least developed, such as Haiti, DRC and Myanmar.

  • TCX

    TCX provides currency hedging in frontier markets, to allow development finance in local currency.

To find out more about the work Cardano Development does in emerging and frontier economies, visit:

Cardano Development

Stories

TCX_Image

TCX Currency Risk Fund

How we have helped entrepreneurs manage their currency risks to help promote financial stability.

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Coin RE Food Security

COIN Re – Food Security

The key for us was to create a scalable crop insurance product that works.

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