Impact Investing Africa

This week, as thousands gather for SOCAP17, the world's largest gathering for the growing marketplace of impact investing, B Lab releases its list of 28 Best for the World Funds. Impact investing in Africa Share on Facebook Share on LinkedIn Impact investing has been a buzzword for quite some time, but in reality, for most financial professionals, it is still somewhat of a new concept and quite often misunderstood. 6 trends to impact the food industry in 2019 M ajor bottled water manufacturers — such as Danone, PepsiCo, Nestlé and Coca-Cola — are already investing in alternatives and pledging to. SVA has partnered with HESTA to establish one of Australia’s largest impact investing funds, the $70 million Social Impact Investment Trust (SIIT). activist investing. We’ve come a long way since we first started investing in renewable energy, committing more than $2 billion to 22 clean energy projects, and broadening our portfolio to include new regions like Africa. Impact investing is caught between a stalled global agenda, represented by the Paris climate agreement and the Sustainable Development Goals, and surging populism on the left and the right that is properly skeptical of bankers, corporations, billionaires and fund managers. Resonance identified African Bamboo as a high impact investing opportunity for AFT support. Financial market stability is defined as a constant impact of systematic shocks in normal and extreme market situations. [email protected] is a pan-African ecosystem development network that brings together all players to concentrate efforts on creating a vibrant environment for impact investing on the continent by addressing key barriers that inhibit the development and growth of the sector in Africa. This software was developed thanks to the generous support provided by the Society for Human Resource Management – Leading People. Your money has the power to make positive change in the community and in the world depending on how you invest or bank. At Investing in Africa, The Wall Street Journal’s editors explored the impact of technology and assessed the economic and political forces shaping how capital is deployed and business is done on a continent in transition. In Southern Africa, the big action in impact investing is in South Africa. Although the mining industry occupies a relatively small part of the land surface, it does have significant and often irreversible impacts (Danielson and Lagos, 2001). These funds are. The Global Impact Investing Network is a not-for-profit organization dedicated to increasing the scale and effectiveness of impact investing. Investors seek to generate a positive financial return on their investment as well as regional impact, such as job growth, innovation, business development, and industry expansion in a specific geographical area. © 2019 Vital Capital All Rights Reserved. “East Africa is an impact investing market that is still growing and evolving, but we are seeing a lot of momentum,” said Amit Bouri, CEO of the Global Impact Investing Network, which published the report, The Landscape for Impact Investing in East Africa, along with Open Capital Advisors. Tweet This Quote. Since investing in the continent’s largest solar project, we’ve continued to see a big opportunity in fast-growing markets with rich. Wharton Impact Investing Partners is a student-led impact investing group at The Wharton School of the University of Pennsylvania. 10 May 2019. Off-Grid Electric is a micro-solar leasing platform and its latest financing will allow the social enterprise to enter its second African Market, Rwanda, as well as scale its partnership with the Tanzanian government to power one million homes by 2017. Adrian Merryman, Chief Development & Impact Investment Officer at VisionFund International, shares his experiences from the SOCAP 2018 event The impact investment movement that SOCAP has been at the centre of, continues to build, and it was a pleasure to meet with such a large group who would like to see our world use its accumulated assets to effect social justice. Shuraako employs a review and monitoring system to identify and address ESG issues facing each investment. Early-stage investing, or venture capital, is part of the “alternative investments” asset class. Technology and its impact on business have come under the spotlight at the inaugural Africa Tech Week Summit underway in Cape Town. The largest sectors by asset allocation were microfinance, energy, housing, and financial services. According to the Global Impact Investing Network (GIIN) there are 107 organizations that are investing in Southern Africa alone. This week, Pact and the INGO Impact Investing Network release a new report, Amplify Impact Investing: The INGO Value Proposition for Impact Investing, an in-depth study of the current impact investing landscape among international nongovernmental organizations (INGOs) in the international development sector. Eva Grey explores the country’s infrastructure strategy and finds out more about a recent spate of record investment deals. To date, Canadian studies and research on impact investing has focused on investments made by large institutional investors and funds. , Member FDIC. Since we knew the funding space quite well, we were also aware of where the biggest gaps were. Impact Investing through sovereign debt. Tarik Oguz, tralac Research Advisor – ICT, discusses recent public investment in infrastructure trends for the sub-Saharan Africa region. Please note that we offer discounted rates for those wishing to attend both Sustainable Investing in Emerging Markets and Private Equity in Africa the following day. She worked in more than 25 African markets. In the IFC’s new report on impact investing, we take a clear-eyed view of the market. 0 (CASE i3, PCV and ImpactAssets, 2013) Exec Summary or Full report; What You Need to Know About Impact Investing (GIIN) Annual Impact Investor Survey 2016 (GIIN, 2016) How it all Began. 6 • THE LANDSCAPE FOR IMPACT INVESTING IN SOUTHERN AFRICA In analyses of the region overall, South Africa is considered separately from the rest of Southern Africa. Artur Kochinyan. We provide the advice and capital companies need to grow, the expertise needed to manage risks, and the information and perspectives our clients must have to make business and investment decisions. Read more about our Investment Vehicles. She has over 15 years of financial services experience across impact investing, general management, investment banking, and strategy. Why agriculture?. These funds are. Impact investing combines social impact and the expectation of financial returns in a way that is mutually reinforcing; “doing good” just as much as traditional philanthropy, but with added financial benefits. Upon her retirement, she joined the board of a social entrepreneur foundation. Aubrey Hruby is a Partner at Baylis fund, Co-Founder of the Africa Expert Network and an advisor to companies doing business in Africa. Whether you are a finance or development professional, there will be new skills, and almost a new language, to learn. Answer all of your SRI or ESG investing questions at SRI30. In Africa, impact investing is critical to the continent's continued economic growth, says Amy Bell, Executive Director of Social Finance, JPMorgan Chase & Co. Its investments are spread throughout Europe, South America, Africa, India and Southeast Asia. A significant breakthrough for socially responsible investing occurred in 1970, when Ralph Nader—a consumer advocate, environmentalist, and later independent candidate for president of the United States—succeeded in getting two socially based resolutions on the annual meeting proxy ballot of General Motors, the country’s largest employer at the time. Based on tweets and suggestions I got from people like you who are using business to meet social […]. To facilitate the assessment, we reviewed the existing literature on impact investing, considering this along three interrelated perspectives, namely 1) impact investing as development finance policy for economic development, 2) impact investing as a development in socially responsible investing, and 3) impact investing as capacity-building for. It thus aims to foster economic development while achieving social outcomes. Transformational Business The global action community for impact investors wants China's elite to start investing for good social and environmental outcomes, accountants are the new activists on. Impact investors who keep abreast of the challenges of investing in emerging markets, and transact with local partners to mitigate these risks when appropriate, can find great success in meeting their financial and social goals while also helping to develop the infrastructure for future impact investments in these markets. As a follow-up to the panel discussion, we had a conversation with Andrea Barrios (Darden MBA 2016) from The Rockefeller Foundation. Within each country investing for impact should place a specific focus on increasing domestic health financing with a specific focus on these three major disease burdens in Africa. In this course, wealth managers, consultants, funders, lawyers and other financial intermediaries will gain an understanding of the rapidly emerging field of impact investing and its ecosystem globally, with a. In recognition of International Women’s Day, the GIIN produced a factsheet for the media defining gender lens investing, providing relevant data, outlining how gender lens investing connects to the Sustainable Development Goals, and offering to introduce media outlets to several leading impact investors whose strategies are addressing gender disparities. The Impact Investing Network Map provides a variety of ways to view information across the Impact Investing ecosystem. “As part of that orientation, the board went to New York and attended an event at the United Nations (U. CIMBV is currently active in 24 countries in Africa, Asia and Latin America. REAL TIME DATA Live quotes and charts for over 100,000 financial instruments, traded on over 70 global exchanges. Socially Responsible Investing Integrating your social and environmental concerns with your investment decisions is called socially responsible investing (SRI) or impact investing. The conference brings together Africa’s leading. You will learn how to. thevalueofwater. Opentalk: Africa's impact investing, an insider's perspective with Christelle Kupa Impact investing has been a buzzword for quite sometime, but in reality for most financial professionals, it is still somewhat of a new concept and quite often misunderstood. impact Investing Grameen makes first investments in Sierra Leone, Niger, Rwanda altAfrica is a pan Africa investment news and data service. The first one thousand days in a child’s life could hold the key to unlocking his/her life-long. To note a few examples, Credit Suisse is raising a US$ 500 million fund of funds. Different Investing in Girls Scaling Our Model Government Engagement Where We Work Uganda Rwanda Kenya Impact Results Monitoring & Evaluation Approach Impact Dashboard Success Stories Careers News Blog Educate! News Videos Invest. Learn about responsible investment: how environmental, social and governance (ESG) issues such as climate change, human rights and tax avoidance impact investments, and understand what you can do about it. Panel: High impact investing, how to invest successfully, generate superior returns and make a difference. To facilitate the assessment, we reviewed the existing literature on impact investing, considering this along three interrelated perspectives, namely 1) impact investing as development finance policy for economic development, 2) impact investing as a development in socially responsible investing, and 3) impact investing as capacity-building for. Global Evolution, in partnership with our investors, is committed to leaving a legacy of impact investing, which assists in the process of lifting nations out of poverty. For example, this interview implies that impact investing requires concessionary financial returns, but there are plenty of firms getting market-rate returns. Morgan, which had been in the impact investing space for a long time,” Ring recalls. Investing in African companies. The past five years have witnessed the substantial growth and diversification of the impact investing industry in Africa. The Africa Renewable Energy Fund, launched in March of 2014 with $100m, is focused on Sub-Saharan Africa, where many lack access to long-term energy infrastructure. SJF Ventures has invested in more than 50 companies that innovate in technology, sustainability and resource efficiency, from brokers of pre-owned laboratory equipment to manufacturers of natural cosmetics and cleaning products. Anti-apartheid leader Nelson Mandela struggled for decades to bring freedom to South Africa. The largest sectors by asset allocation were microfinance, energy, housing, and financial services. In Southern Africa, the big action in impact investing is in South Africa. There is a need for stronger capacity to assess impact for accountability and learning. Investing Capital for Sustainable Impact in South Africa is an industry-led initiative designed to get professionals who determine how and where money is deployed to allocate impact capital at scale to investment opportunities that optimize social, environmental and financial impact. Artur Kochinyan. [ October 27, 2019 ] Weekly Wrap, October 28th, 2019; Zoscales backs recruitment play, Eland O&G sale earns Helios an exit, new senior executives for CDC and Adenia and more…. Impact investing: harnessing capital markets to solve problems at scale @inproceedings{BuggLevine2009ImpactIH, title={Impact investing: harnessing capital markets to solve problems at scale}, author={Antony Bugg-Levine and John C. Socially Responsible Investing Integrating your social and environmental concerns with your investment decisions is called socially responsible investing (SRI) or impact investing. 1 Global Impact Investing Network. Private market cases cover venture capital in Asia and Africa, private equity in the US renewables market, as well as instruments involving the public sector, such as social impact bonds. LeapFrog, and others like them, demonstrate on a daily basis that genuine impact and strong financial returns can go hand in hand. With more than 30 hours of content provided by 150 senior speakers, the GIIN Investor Forum agenda is designed to advance and scale the market by bringing all of the crucial elements of the world’s impact ecosystem together in one place. The third regional market landscape report developed by the GIIN, this report provides an analysis of the impact investing industry covering fifteen countries in the West Africa region, including dedicated chapters on Nigeria, Ghana, and Senegal. One group trying to change that: impact investors. Investing Accounts. Impact investing aligns an investor’s social and philanthropic values with their portfolio, providing both measurable social and financial return. Read on to find out more about impact investing below (and you can find our beginner's guide to impact investing here). With the fraying contract between society and business an urgent priority, many. “The Vatican and Catholic Relief Services have shown tremendous leadership in advancing the impact investing movement. The discussion at IESE Barcelona, and the sixth annual Ship2B Impact Forum, came at a breakthrough moment for impact investing. Some mainstream investors are already making a play in impact investing. The rise of the Chinese and Indian economies has fueled global demand for petroleum and other commodities. While ESG, ethical investing and social-impact investing are all targeting similar end goals, they are quite different vectors to those goals. Impact investing has been gaining ever more acceptance in the past several years and the removal of two federal regulatory barriers last October is expected to further accelerate growth in the field. coLABS is a portfolio under Gray Matters Capital (GMC), a private operating foundation founded by Bob Pattillo that focuses on impact investments. Transformational Business The global action community for impact investors wants China’s elite to start investing for good social and environmental outcomes, accountants are the new activists on. The 2017 African Investing for Impact Barometer (AIFIB) shows that investing for positive social and environmental impact or good governance is becoming the norm rather than the exception on the continent, with $428. Why agriculture?. Jenn Pryce, president and chief executive officer at Calvert Impact Capital, explains her firm's approach to impact investing in Africa and where the best opportunities are in the market. He founded GPI in 2008 with the belief that socioeconomic progress in Africa is best achieved through entrepreneurship. We invite all high-impact enterprises and startups with bankable and scalable business models that require financing to apply and have the opportunity to present their business projects to investors. A strengthening US dollar appears to be the main culprit, prompting a mass exodus of global investors from frontier stocks. In today's feature, first year WIIP Investment Associates Tala and Steve share what they learned about private equity and impact investing in Africa from their trek to Johannesburg and London with the Wharton PE/VC Club last semester. 1 percent of global wealth. David Musto and Prof. Visit the Impact Investing Think Tank™ (IITT) to explore the latest industry research, news articles, investor tools and more. South Africa was the location for three-fifths of deals from. The Center for Social Sector Leadership is part of The Institute for Business & Social Impact, which brings together six Centers and programs to empower members of the Berkeley Haas community to develop innovative solutions to urgent social and environmental challenges. Mainstreaming Impact Investing in Africa. Why agriculture?. Upon her retirement, she joined the board of a social entrepreneur foundation. Starting from the widely accepted. Australian Government principles for social impact investing False Social impact investing is an emerging, outcomes-based approach that brings together governments, service providers, investors and communities to tackle a range of policy (social and environmental) issues. Our approach contrasts with most studies that pool data from several regions into one sample. This is the syllabus for an executive course on evaluating impact investing in Africa. Whether you’re new to impact investing or a seasoned practitioner, there’s always something to learn. , Member FDIC. In Africa, impact investing is a growing phenomenon, albeit one which is developing at different speeds in different parts of the continent. Investing now can turn that potential into prosperity. While it's not news that Africa needs huge financing to close the development gaps. In addition,1,043 community investment institutions applied ESG standards into. Founded, in 2009, Earth Capital operates in South Africa and seeks impact ventures which can scale throughout the continent, and the developing world. With global investors like CITI, Proxenos's $230 million South African Workforce Housing Fund has so far developed over 25 000 urban and suburban homes and apartments and is looking to expand the model into the rest of Africa. Impact Investing in West Africa October 15, 2013 / in News / by Jessica Loman Impact Investing in West Africa , a report written by Dalberg Global Development Advisors and funded by the Rockefeller Foundation, is the first comprehensive analysis ever conducted on the impact investing industry in West Africa. The return on investment, or ROI, is a common performance measure used to evaluate and compare the efficiency of financial investments. So this is where impact investing can help fill the void – and it’s in the process of taking off. "Christian Super has a long track record of investing for financial return and social impact, and we're proud to continue that tradition with our investment in Leapfrog III. Seeds for Impact competition is part of a 6-year program that aims to make the seed market systems work for smallholder farmers across sub-Sahara Africa. “A lot of Israelis are looking to work and to create a change,” says Ronny Faivelovitz, founder of Impact Investment Israel, an advisory firm that helps entrepreneurs and investors break into the field of impact investing. Likely even better, for tax purposes, is to participate in an. Read more about our Investment Vehicles. The two countries have a combined production capacity of 7. The world of social impact investing is expanding rapidly. impact investment. Place-based impact investing is impact investing with a focus on specific local or regional communities. Impact investing in Africa is going through a teething phase. Gallen University, Yale, and INSEAD. With more than 30 hours of content provided by 150 senior speakers, the GIIN Investor Forum agenda is designed to advance and scale the market by bringing all of the crucial elements of the world’s impact ecosystem together in one place. As mainstream asset managers and investment banks move in, it is understandable that investors find it hard to get a clear view on which investments will truly deliver impact and which ones are just exercises in branding. What do we mean by investing in social businesses for Education? What are the implications for developing an unconventional approach to investing in Education?. Since then, the Foundation has worked to build the infrastructure for the impact investing field to take hold. Impact Investing in Africa Executive Education Course: Impact Investing in Africa is a brand new short course offered at UCT’s GSB. The Rustandy Center for Social Sector Innovation facilitates courses and programs to help prepare Chicago Booth students for careers in these. However, there is a considerable disproportion between east and west. Impact Investment Africa is an asset manager focussed on bridging the investment requirements of institutional investors such as pension funds with impact investing. Learn about responsible investment: how environmental, social and governance (ESG) issues such as climate change, human rights and tax avoidance impact investments, and understand what you can do about it. News and developments on African capital markets: African securities, African stock exchanges, African equities, African bonds, African private equity/venture capital, and African social impact investment. We hold a series of impact investing roundtables, each focusing on different themes. By connecting smallholder farmers and agribusiness SMEs, we strengthen links between small rural entrepreneurs and regional, national and export. 31 trillion in US assets held by 443 institutional investors and 272 money managers. So, what role can impact investors play to help plug this deficit?. Leading Organizations. ESG Investing Companies with strong ESG profiles may be better positioned for future challenges and experience fewer instances of bribery, corruption, and fraud. Impact Investing. A Legal Snapshot: Embedding Impact in Impact Investing. Rise was the brainchild of TPG Growth managing partner Bill McGlashan, the firm’s growth-equity guru who’s had a knack for impact investing since starting a non-profit in Africa in his 20s. It focuses on a Triple Billion target: WHO will work to provide a billion more people with universal health coverage, to protect one more billion people from health emergencies and to provide a further billion people with better health and well-being. Impact Investing in Africa: Insights from KPMG IDAS Africa By David Okwara on May 21, 2015 in KPMG Kenya Impact investor interest in Africa is currently growing faster than the industry's ability to effectively deploy this capital. First, smallholder farmers — 450 million and counting globally — produce the majority of food that is from developing countries. This book analyzes recent successes and failures in business ventures across the African continent and identify the most important opportunities for impact investment impacting the future of Africa available today and in the near future and will appeal to researchers, investors and entrepreneurs. Donations and contributions are tax-deductible as allowed by law. Artur Kochinyan. Aubrey Hruby is a Partner at Baylis fund, Co-Founder of the Africa Expert Network and an advisor to companies doing business in Africa. On April 15, in the margin of the Spring Meetings, a side event discussed the ACBP with the financial community. africa oil announces investment in impact oil and gas not for distribution to united states news wire services or for dissemination in the united states. the best in the world”, quoted the paper. Privos Capital is one of the leading multi-family offices whose core DNA is impact and sustainable investing. Two years into investing out of our first Impact Fund: here’s what we’re learning. We also hope to see a ripple-effect from Aspada’s success to the broader impact investing industry in the region, with more capital moving into the impact sector. Impact investing has the potential to raise trillions to address the world’s most pressing development needs, which is being addressed across the UAE and beyond, allowing us to prevent and. Whether it is the Paris Agreement on Climate Change, the UN Sustainable Development Goals (SDGs) or the aims of the EU High Level Expert Group on Sustainable Finance, one thing is clear, none of these will be achievable without a major redirection of capital by the world’s asset owners. To note a few examples, Credit Suisse is raising a US$ 500 million fund of funds. Real GDP growth in the region has been sustained at 4 to 6 percent now for a number of years, and has benefited from an improved investment climate. It thus aims to foster economic development while achieving social outcomes. This socially responsible investing conference channels the movement of using the power of capital to address social, environmental, and cultural challenges while generating financial return. The subsequent sections will profile these financial vehicles and tools for institutional impact investors. Development Finance Institutions (DFI) like the Industrial Development Corporation have disbursed close to $25 billion across 7,500 deals to South African companies regionally. The Africa Region has also committed to taking stock and reporting on progress. ” A sustainable impact. In order for the impact investment market to reach its potential, the ecosystem will need to progress from the margins and into the mainstream. The continent is one of the world's fastest growing regions, with abundant human and natural resources alongside domestic and international political complexity, high youth unemployment, and, recently, stagnant commodity prices. We believe that positively impacting the communities in which we operate, is inextricably linked to and sustained by, us generating positive investment returns for our stakeholders and investors. Toniic is not a venture fund, an investment bank, a broker dealer, investment clearing-house, or an investment advisor, but rather a forum in which investors may be educated on aspects of investment and business, as well as introduced to companies for possible investment. We believe that impact investing is an important tool for development that benefits not only enterprises, but investors and society as such. Illustrative examples of impact investment funds are included below. The Fund defines impact investments as investments that both deliver market-grade returns and generate meaningful and measurable impact on the Fund’s mission to advance social change that contributes to a more just, sustainable, and peaceful world. " This win-win approach to impact investing can be honed and applied beyond just low-fee private schools in India or Africa, and we are looking to expand this approach to both financial inclusion and jobs and livelihoods sectors. Then you’ll be matched up with a portfolio that is right for you. Technology and its impact on business have come under the spotlight at the inaugural Africa Tech Week Summit underway in Cape Town. Off-Grid Electric is a micro-solar leasing platform and its latest financing will allow the social enterprise to enter its second African Market, Rwanda, as well as scale its partnership with the Tanzanian government to power one million homes by 2017. UBS Asset. I strongly believe that people, profit, and purpose can beautifully coexist; so it is exciting to see how the growth of impact investing in Africa positively influences the way solutions to some. Since investing in the continent’s largest solar project, we’ve continued to see a big opportunity in fast-growing markets with rich. Please note that we offer discounted rates for those wishing to attend both Sustainable Investing in Emerging Markets and Private Equity in Africa the following day. There are two reasons that crowdfunding and impact investing go so well together. The world of social impact investing is expanding rapidly. A recent report by The Rockefeller Foundation and JP Morgan (2010. In Africa, impact investing is a growing phenomenon, albeit one which is developing at different speeds in different parts of the continent. But, will impact investing really make a better South Africa? Join RisCura as we host a session that looks at the big picture of impact investing, explores the goals behind the proposed prescription of assets and unpacks how members in the savings industry will be affected in years to come. Seeds for Impact competition is part of a 6-year program that aims to make the seed market systems work for smallholder farmers across sub-Sahara Africa. However, adaptation to climate change using SLWM practices in sub-Saharan Africa (SSA) remains low. Keywords: Impact investing, Impact funds, bottom-of-the-pyramid markets, Inclusive. This meant acknowledging a simple, but powerful axiom: All investments have an impact—social, environmental and financial. Throughout West Africa, a few small organizations are doing the best they can to be the change agents. Impact Investing in Africa - Free download as PDF File (. Access to health and financial services are a crucial part of human flourishing, and the market-driven solutions in those sectors that Leapfrog has successfully. Our attendees will aim to define the financial and social implications of sustainable and impact investing in emerging markets, with a focus on how to best pursue the SDGs and create value. Africa is richly endowed with these and faces a historic. The Impact Fund is investing $10 million in Medical Credit Fund (MCF), a social investment fund that provides financing to private healthcare facilities in Sub-Saharan Africa. Full List of OPIC Funds. SMEs and Impact; Small and Medium-sized Enterprises (SMEs) are the principal drivers of growth in emerging markets. But investment opportunities in Mozambique should not stop there. 1 percent of global wealth. Follow Mark on Twitter @MarkTercek. Prior to launching Impact Africa Invest, Raphael was a senior investment advisor for the Emerging Africa Infrastructure Fund (EAIF), a debt fund focused on Sub-Saharan Africa and providing long-term financing for privately owned infrastructure projects and companies. The IImpact Investment Associate will be an integral part of the HQ Impact Investing team and will lead efforts in the West Africa Region (WARO) in pursuit of innovative financing and impact. Investing Sustainable Capital for Impact in South Africa is designed to get people who determine how and where money is deployed to allocate significant sums of private investment capital to funding enterprises and interventions that optimise social, environmental and financial impact. The course is designed to provide participants with an understanding of the rapidly emerging field of impact investing and its ecosystem globally, with. 1175658, whose registered office is at Third Floor, 20 Old Bailey, London, United Kingdom EC4M 7AN. Scribd is the world's largest social reading and publishing site. In today's feature, first year WIIP Investment Associates Tala and Steve share what they learned about private equity and impact investing in Africa from their trek to Johannesburg and London with the Wharton PE/VC Club last semester. First, smallholder farmers — 450 million and counting globally — produce the majority of food that is from developing countries. Therefore, the Impact Investing in Africa forum will bring together African entrepreneurs, innovators, global investors, government officials, foundations, family offices in an intimate environment for a focused discussion on the fundamentals and explore the latest developments in the sector. SJF Ventures has invested in more than 50 companies that innovate in technology, sustainability and resource efficiency, from brokers of pre-owned laboratory equipment to manufacturers of natural cosmetics and cleaning products. While it's not news that Africa needs huge financing to close the development gaps. As such, there is a lack of in-depth insights into individual investors’ views on impact investing. An important factor that plays a role in current oil market is the impact of sanctions on Venezuela and Iran. Now in it's 4th year, the Africa Impact Investing Leaders Forum 2019 will discuss the latest trends crucial in accelerating impact and achieving sustainable development in the region, with topics focusing on stakeholders' priorities in the various sectors and new innovative solutions to pressing issues, that meet consumers needs while examining. Impact investments are investments made with the intention to generate positive, measurable social and environmental impact alongside a financial return. In doing so, impact investing takes AWF’s work to a new scale and uses the capacity of Africa’s burgeoning private sector to do more, in more places, for the benefit of conservation and people. Impact investments are investments made into companies, organizations, and funds with the intention to generate measurable social and environmental impact alongside a financial return. This year, the University of Cape Town will launch its first course on impact investment for lawyers through its Graduate School of Business. He has 20 years of experience in impact investing, portfolio management, and venture capital. Impact Investing. So, what role can impact investors play to help plug this deficit?. Overall, West Africa is one of the most promising regions for impact investing because of a large range of sectors ready for innovation, increasing global interest and a generation of entrepreneurs willing to take on challenges. Sustainable Trade FinancingA U. South Africa is one of the most sophisticated and promising emerging markets, offering a unique combination of highly-developed first world economic infrastructure, with a vibrant emerging market economy. Impact investing aligns an investor’s social and philanthropic values with their portfolio, providing both measurable social and financial return. The Mauritius Impact Finance Gateway to Africa (MIFGA) is a Mauritius-based joint initiative by Innpact and AXIS to support the creation and the management of impact finance vehicles investing in Africa. In South Africa, a network of low-cost independent schools uses a blended learning. Impact Investing in Emerging Markets By: Temidayo Odusolu Emerging markets remain ripe for impact investing - it is an increasingly important way to support small and growing businesses in emerging markets, thereby stimulating long-term economic growth, creating jobs and spurring social impact. Africa Impact Investing Leaders Forum will discuss the latest trends crucial in accelerating impact and achieving sustainable development in the region, with topics focusing on stakeholders' priorities in the various sectors and new innovative solutions to pressing issues, that meet consumers needs while examining the progress made by participating impact investors and enterprises. It offers an efficient and comprehensive turnkey fund management solution to impact investment managers allowing them to focus. There are a number of reasons why this is so, majorly infrastructural challenges. Goodstart Early Learning is a not-for-profit social enterprise that aims to raise the quality of early learning, enable all children access to and inclusion in early childhood programs, and provide a financially secure business model to reinvest into quality, inclusion, advocacy and research initiatives. " He concluded, "IQ-EQ supports a lot of investment fund managers and businesses through Africa that have a positive impact on African economies. Parktown, Johannesburg. The Google Impact Challenge granted $2m to local nonprofits to make our communities even better. Upon her retirement, she joined the board of a social entrepreneur foundation. SJF Ventures has invested in more than 50 companies that innovate in technology, sustainability and resource efficiency, from brokers of pre-owned laboratory equipment to manufacturers of natural cosmetics and cleaning products. -based $65 million fund invests in sustainable trade and targets high-impact, sub-market rate returns for investors. We are based in the regions two economic hubs of Dakar and Abidjan, targeting investments across Cote d'Ivoire, Senegal, Guinea, Burkina Faso, Mali, Burkina Faso, Niger, Benin and Togo. Two years into investing out of our first Impact Fund: here’s what we’re learning. The Global Impact Investing Network is the global champion of impact investing, dedicated to increasing its scale and effectiveness around the world. Impact Investing Homing In on Realistic Impact Investment Strategies in Africa. This is Bloomberg Philanthropies first-ever impact investment and will provide a low interest rate loan that will allow Little Sun to grow, providing clean and affordable energy to homes, schools and local business in Sub-Saharan Africa. This week, Pact and the INGO Impact Investing Network release a new report, Amplify Impact Investing: The INGO Value Proposition for Impact Investing, an in-depth study of the current impact investing landscape among international nongovernmental organizations (INGOs) in the international development sector. The first and. The Global Impact Investing Network (GIIN) estimates a market of US$502 billion in impact investing assets at the end of 2018. As a final exclamation point on the survey results, millennial investors were very clear on what was important to them, and it’s low fees. McKinsey India’s recent report titled ‘Impact investing: Purpose-driven finance finds its place in India’ offered a great opportunity for me to reflect and see how impact investing has evolved over the past few years in India. Impact investing combines social impact and the expectation of financial returns in a way that is mutually reinforcing; “doing good” just as much as traditional philanthropy, but with added financial benefits. Other social infrastructure (non-municipal). Seeds for Impact competition is part of a 6-year program that aims to make the seed market systems work for smallholder farmers across sub-Sahara Africa. Africa Policy & Impact Investment Forum (APIIF); a 120 person invitation only event, hosted by Fordham University's Gabelli School of Business brought together a curated group of individuals for a deeper discussion about unlocking the power of private capital to make both financial and social/environment impact returns on the continent of Africa. Learn about responsible investment: how environmental, social and governance (ESG) issues such as climate change, human rights and tax avoidance impact investments, and understand what you can do about it. Eighteen East Capital (Eighteen East) was born in 2014 out of the desire of its founders Thomas Venon and Dave Portmann to contribute to the growth of impact investing by applying their financial markets expertise, and their understanding of the challenges facing African development. Positive Impact is a core philosophy that Musa Capital believes in and strives for. We dig in with Heron Vice President Toni Johnson. Setting Standards for Evaluating Impact Investing: What Does Africa Want? - March 29, 2016 Looking ahead to 2030, African evaluators may wish to boost their knowledge of finance and investment. The course is designed to provide participants with an understanding of the rapidly emerging field of impact investing and its ecosystem globally, with. Impact investing reduces the burden on philanthropists and other not-for-profit entities by stepping in to fill a vital funding gap at a time when so many people are struggling, and the programs meant to support them are more strained than ever. According to the Global Impact Investing Network (GIIN) there are 107 organizations that are investing in Southern Africa alone. 2 Legal Issues in Social Entrepreneurship and Impact Investing—in the US and Beyond Impact Investing Legal Working Group This conference marks the fifth convening organized by the IILWG. Impact Investing in Africa short course on offer. impact Investing Grameen makes first investments in Sierra Leone, Niger, Rwanda altAfrica is a pan Africa investment news and data service. Capria Network is the leading global network of impact fund managers, focused on addressing the "missing middle" finance opportunity by investing in high-growth, impact businesses. Impact Investing in Africa Forum 2016. The Fund defines impact investments as investments that both deliver market-grade returns and generate meaningful and measurable impact on the Fund’s mission to advance social change that contributes to a more just, sustainable, and peaceful world. I'd say this is probably overdue for an update. The biggest railway deal in South Africa’s history is predicted to propel its economy to a new level of prosperity. In the IFC’s new report on impact investing, we take a clear-eyed view of the market. In order for the impact investment market to reach its potential, the ecosystem will need to progress from the margins and into the mainstream. How AWF builds economic and conservation opportunity in Africa through its impact-investment company, African Wildlife Capital. So this is where impact investing can help fill the void – and it’s in the process of taking off. 45bn of assets being reported to implement at least one Investing for Impact (IFI) strategy, while East Africa is second with $18. South Africa is an exceptionally large market for impact investors relative to other markets in the region, accounting for 76 percent of all impact deals. "Impact investing is an excellent tool to solve a bunch of very, very difficult problems. The Rustandy Center for Social Sector Innovation facilitates courses and programs to help prepare Chicago Booth students for careers in these. MCF aims to help small and medium-sized healthcare facilities meet the growing demand for affordable, quality healthcare in Africa. Two years into investing out of our first Impact Fund: here’s what we’re learning. Our immersive training program for young professionals offers the skills you need to become a board leader of a social impact organization driving change across the world. Impact Investment Africa is an innovative and positively disruptive impact investment company. Development Finance Institutions (DFI) like the Industrial Development Corporation have disbursed close to $25 billion across 7,500 deals to South African companies regionally. Impact investing is an increasingly important financial tool that seeks to leverage private capital to address the world's critical development challenges. It represents nearly half of impact capital disbursed in East Africa—more than USD 650 million by non-DFI impact investors and more than USD 3 billion by DFIs. "Impact" versus "returns-driven" investing in Africa. coLABS is a portfolio under Gray Matters Capital (GMC), a private operating foundation founded by Bob Pattillo that focuses on impact investments. Vulcan's impact investing team lay out the challenges they have faced, and the solutions they've come up with, in the two years it has owned and operated 10 off-grid, solar-powered mini-grids serving communities in rural Kenya. 1 percent of global wealth. The Impact of Globalization on Africa. Alterra advises an impact investment partnership and selected clients. Willow Impact operates as an impact investment firm that manages and advises social enterprises, SMEs and social impact funds. They are ideally positioned to generate substantial social and environmental impact. With an Eye to Impact, Investing Through a ‘Gender Lens’ Others invest in companies like those that provide clean-burning cook stoves to women in Africa and Latin America. Our vision is to create a robust platform that displays information around investors, companies and investments that represent the full scope of impact investing activity. Investing Capital for Sustainable Impact in South Africa is an industry-led initiative designed to get professionals who determine how and where money is deployed to allocate impact capital at scale to investment opportunities that optimize social, environmental and financial impact. Bringing Social Impact Investing to the U. Impact investing in Africa is going through a teething phase. Just recently, we wrote about the growing efforts to mobilize private. The SDGs have become an integral part of impact investing, according to Sarah Norris, an. Impact investors managed USD 114 billion in impact investing assets, a figure that serves as a best-available 'floor' for the size of the impact investing market, according to GIIN's 2017 Annual Impact Investor Survey. Impact investing can help solve major social and environmental problems in West Africa, leveraging new sources of capital in places that lack sufficient government resources and development aid to address development challenges. Impact investing is a broad term that can include areas of social and environmental impact like education, access to finance, health, small business, renewable energy and clean tech. At Investing in Africa, The Wall Street Journal’s editors explored the impact of technology and assessed the economic and political forces shaping how capital is deployed and business is done on a continent in transition. And the Global Impact Investing Network found that about 90 percent of non-development financial institution impact investment capital deployed across sub-Saharan Africa has gone to just eight countries: Kenya, Tanzania, Uganda, Nigeria, Ghana, South Africa, Angola, and Zambia. In order for the impact investment market to reach its potential, the ecosystem will need to progress from the margins and into the mainstream. "Impact investing is an excellent tool to solve a bunch of very, very difficult problems. However, it also comes with a responsibility to invest capital so that it can be used to tackle the world's most pressing challenges -- from climate change, to income inequality, to promoting respect for human and labor rights. 29 billion in financial assets having been directed to this end in southern, East and West Africa in the past year. from Ghana to Nigeria to South Africa. " He concluded, "IQ-EQ supports a lot of investment fund managers and businesses through Africa that have a positive impact on African economies. Impact Investing Christine Kapkusum Senior Associate, Portfolio – East Africa Acumen Fund October 4, 2011 Acumen Fund. eBay Bets on Africa for Growth The move will probably have a modest financial impact in the short term; however, eBay is making a smart move by positioning the business. Business model– Investing for Impact. " This win-win approach to impact investing can be honed and applied beyond just low-fee private schools in India or Africa, and we are looking to expand this approach to both financial inclusion and jobs and livelihoods sectors. Impact Investing in Africa: Insights from KPMG IDAS Africa By David Okwara on May 21, 2015 in KPMG Kenya Impact investor interest in Africa is currently growing faster than the industry's ability to effectively deploy this capital. Impact Investing at Finance in Motion 3 recognized with impact­first investments is justified by the investment being in equity rather than debt, as the direct entrepreneurial involvement gives greater impact leverage while involving greater risks. Overall, West Africa is one of the most promising regions for impact investing because of a large range of sectors ready for innovation, increasing global interest and a generation of entrepreneurs willing to take on challenges. Impact Investing involves actively seeking competitive financial returns through investments intended to generate measurable social and environmental impact via market-based solutions; it explicitly focuses on positive impact and is often referred to as double- or triple-bottom line investing. Although many research papers focus on crowdfunding or impact investing, very few explore how crowdfunding can scale debt or equity impact investing. Gender lens investing is gaining traction with investors around the globe and Africa is no exception. The supply of impact capital is expected to rise but, as yet, impact investment's share in global financial markets is estimated to be at around only 0. Naturally with Zimbabwe’s high investment rates, there should have been a stampede of investors capitalising on the enticing rates. Multiple indicators suggest that Africa has entered a cycle of strong economic growth that will match that experienced by Asia over the past decades. It is intended to be an annual multi-stakeholder gathering, bringing together representatives of the public and private sectors. Impact Africa Invest is a London-based consulting firm focused on the African continent and provides financial advisory services for infrastructure and impact investments. Africa’s human population is forecast to quadruple by the end of the century, and already intensifying pressures around the use of land, water, and natural resources are having an impact on the region’s extraordinary wildlife. Interestingly, according to the Global Impact Investing Network (GIIN) and its Impact Reporting and Investment Standards (IRIS), sub-Saharan Africa made up 22% of global impact enterprises, also in 2013. 3bn into east Africa and $6. As investment grows in purpose-driven funds and businesses, you need a legal partner with experience across all vectors of the impact and sustainability space to help you navigate business issues unique to this emerging area of the economy. Impact investing can help solve major social and environmental problems in West Africa, leveraging new sources of capital in places that lack sufficient government resources and development aid to address development challenges. Impact investing – a field of investment that intentionally creates positive social or environmental impact as well as a financial return – is no overnight phenomenon. Mainstreaming Impact Investing in Africa. As such, we focus on investments that, along with generating financial returns for investors, have the potential to generate a positive and measurable social or environmental impact. " He concluded, "IQ-EQ supports a lot of investment fund managers and businesses through Africa that have a positive impact on African economies.