Carnegie Consult is a consultancy boutique specialised in private sector development and development finance.

WHO WE ARE

Carnegie Consult provides fully independent advisory services to (semi-) public organisations, financial service providers, development institutions, and corporates. We offer high-quality support which allows clients to make and implement informed decisions leading to positive development impact on societies around the world. For our clients, we leverage our experience in structuring financial instruments, conducting evaluations, and supporting clients in raising financing capital. Recurring topics on which we offer support include:

Agriculture

Green growth

Female and Youth

Healthcare

SMEs

International trade

Fintech

Value chain

WHAT WE DO

The proven track record of Carnegie Consult can be divided into the following services:

We are specialised in practical and pragmatic reviews and evaluations in the areas of
private- and financial sector development.

We provide high-quality financial advisory in the field of private- and financial sector development.

We support corporates in attracting finance as transaction advisor.

OUR EXPERIENCE

Carnegie Consult advises a wide range of clients in the field of development finance. A snapshot of recent assignments is provided below:

Carnegie Consult conducted the evaluation of Sida’s use of guarantees for market development and poverty reduction with a focus on lessons learned from four specific interventions.

Carnegie Consult performed a market-scoping study of the financial and SME sector in Rwanda and designed a fund facility to serve exporting SMEs financial needs.

Carnegie Consult carried out the 10-year evaluation of The Currency Exchange Fund (TCX). The evaluation assessed the effects, value-added and impact of TCX’s instruments.

Carnegie Consult carried out the evaluation of FMO. FMO is the Dutch development bank investing in private sector development in emerging and frontier markets.

Carnegie Consult conducted the evaluation of IFU, assessing the development and commercial outcomes and its future role in development cooperation.

Carnegie Consult conducted a feasibility study and designed the set-up of a credit guarantee fund to facilitate access to finance for fertilizer importers, distributors and agro-dealers.

Carnegie Consult carried out the evaluation of MASSIF in 2010 and 2015. MASSIF is a revolving financial inclusion fund for private sector development (MSMEs).

Carnegie Consult conducted the evaluation of PASS Tanzania. Assessing the impact and sustainability of the financial and business development services and providing recommendations.

OUR TEAM

Carnegie Consult works with a diverse team of experts to ensure that our advice translates international experience in local context, thereby ensuring that our hands-on support is based on sound concepts. In developing countries and emerging markets, we can further mobilise a network of selected professionals with specific sector- and market knowledge who add important local expertise to the team. Additionally, we are able to capitalise on the cutting-edge expertise of our parent organisation Orchard Finance, a leading Dutch consultancy in the fields of finance and treasury.

Toon
Luttikhuis

Director

Sascha
Huijsman

Senior Consultant

Alwin
de Haas

Director

Rianne
van Raaij

Consultant

Cian
Donaghy

Senior Associate

Senior Associate

CONTACT

OUR TEAM

Carnegie Consults advises governments, (semi-) public organizations, development banks, (international) financial institutions, international and multilateral funders, private funds and NGOs.

Toon Luttikhuis

Director

Rien Strootman

Senior Manager

Alwin
de Haas

Non-executive director Capital markets

Rianne
van Raaij

Consultant

Cian
Donaghy

Senior Associate

Jose
Habimana

Senior Associate

Katja
Audenaerd

Senior Associate Export finance

Fred
Zaal

Senior Associate Agronomics

Paulo
Luswata

Senior Associate

Bart
Schaap

Senior Associate Fund management

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Mogas
Jaime Canhe

Senior Associate

Mark
Roelands

Senior Consultant Risk management

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Nino
Serdarevic

Senior Associate

avatar

Christopher
Aleke Dondo

Senior Associate

Vacatures

Senior Associate

What we do

Transaction support

We are well versed in the full financing processes of companies and organisations, thereby gaining a deep understanding of the funding needs and constraints from the private sector. Such hands-on experience provides us with deep insights into the opportunities and challenges of finance delivery, risk management, and alternatives to traditional debt financing instruments. Carnegie Consult provides support in development of financial business cases, investor selection, financing processes, negotiations and legal documentation. We bring in the needed financial expertise to provide advice on specific financial instruments and blended finance mechanisms that can be effectively applied to mobilise private sector investment.

What we do

Financial advisory

Carnegie Consult carries out numerous short- and long-term (international) assignments for international financial institutions, development banks, national governments and private sector organisations. We carry out feasibility and market scoping studies. Furthermore, we design, implement and manage financial instruments (debt, equity, guarantees, grants), funds, facilities and private sector development programs. Through our past experience, we have developed deep insight on how to assess financial risks within (micro-)financial institutions and (semi-public) organisations. As a result, we have a clear vision on the technicalities of public and private financing sources and mechanisms and understand why and how these can be applied in a local context. Past clients in financial delivery mechanisms in local financial markets include AfDB, EIB, KfW, Norad, and Sida.

What we do

Reviews and Evaluations

Carnegie Consult conducts impact studies, evaluations and policy reviews. We analyse, evaluate and support investments in the private sector (funds, financial institutions, SMEs and agribusinesses). We have conducted various evaluations of financial structures for funds, facilities and investments programs (for example FMO, BIO and the International Fund of Developing Countries (IFU) of Danida). We also evaluated the applicability of ancillary financial products, including instruments such as insurances to mitigate political or foreign exchange risks (TCX), guarantee products designed to mitigate the lack of collateral, projects in greenfield stages that often lack track record, and (project) finance products available at IFIs and DFIs.

Carnegie Consult BV

Carnegie Consult BV Who are we

Carnegie Consult BV is a development finance boutique providing fully independent advisory services in the field of inclusive finance to governments, development finance institutions, NGOs and businesses. Our core expertise lies in private sector development, financial markets and instruments and PPPs.

Value chain

Carnegie Consult BV is a development finance boutique

Carnegie Consult BV

Carnegie Consult BV Who are we

Carnegie Consult BV is a development finance boutique providing fully independent advisory services in the field of inclusive finance to governments, development finance institutions, NGOs and businesses. Our core expertise lies in private sector development, financial markets and instruments and PPPs.

Fintech

Carnegie Consult BV is a development finance boutique

Carnegie Consult BV

Carnegie Consult BV Who are we

Carnegie Consult BV is a development finance boutique providing fully independent advisory services in the field of inclusive finance to governments, development finance institutions, NGOs and businesses. Our core expertise lies in private sector development, financial markets and instruments and PPPs.

International trade

Carnegie Consult BV is a development finance boutique

Carnegie Consult BV

Carnegie Consult BV Who are we

Carnegie Consult BV is a development finance boutique providing fully independent advisory services in the field of inclusive finance to governments, development finance institutions, NGOs and businesses. Our core expertise lies in private sector development, financial markets and instruments and PPPs.

SMEs

Carnegie Consult BV is a development finance boutique

Carnegie Consult BV

Carnegie Consult BV Who are we

Carnegie Consult BV is a development finance boutique providing fully independent advisory services in the field of inclusive finance to governments, development finance institutions, NGOs and businesses. Our core expertise lies in private sector development, financial markets and instruments and PPPs.

Healthcare

Carnegie Consult BV is a development finance boutique

Carnegie Consult BV

Carnegie Consult BV Who are we

Carnegie Consult BV is a development finance boutique providing fully independent advisory services in the field of inclusive finance to governments, development finance institutions, NGOs and businesses. Our core expertise lies in private sector development, financial markets and instruments and PPPs.

Female and Youth

Carnegie Consult BV is a development finance boutique

Carnegie Consult BV

Carnegie Consult BV Who are we

Carnegie Consult BV is a development finance boutique providing fully independent advisory services in the field of inclusive finance to governments, development finance institutions, NGOs and businesses. Our core expertise lies in private sector development, financial markets and instruments and PPPs.

Green growth

Carnegie Consult BV is a development finance boutique

Carnegie Consult BV

Carnegie Consult BV Who are we

Carnegie Consult BV is a development finance boutique providing fully independent advisory services in the field of inclusive finance to governments, development finance institutions, NGOs and businesses. Our core expertise lies in private sector development, financial markets and instruments and PPPs.

Agriculture

Carnegie Consult BV is a development finance boutique