Africa Impact Investing Group (AAIG) has Inaugurated to navigate the Capital for Impact

By Abdul Rahman Bangura-

Great Africa Map
Photo Credit: Creazille

NEW AFRICA BUSINESS NEWS (NABN) Freetown, Sierra Leone– Intended for expediting results in investing across the landmass and steering capital for wealth, inclusion, and measurable impact.

The AIIG was formally initiated at the inaugural Africa Impact Summit (AIS) clasped in Cape Town early July of 2023 and is a regional alliance of the Global Steering Group for Impact Investment (GSG).

It will assist as a strategy for collaboration, learning, and advocacy, to enable a thriving consequence subsidizing ecosystem in Africa, and gives rise to together African National Advisory Boards (NABs) for Impact Investing and task forces who have been working over
the years to assemble a powerful ecosystem for impact investing in their countries across the continent.

“The AIIG is active and vibrant community of actors working on the ground with policy makers, investors, entrepreneurs, and civil society to drive capital to where it can have the most impact while delivering financial returns. We acknowledged traditional benevolence and support alone are not enough to deal with the development challenges facing Africa,” said Elias Masilela, Chair of DNA Economics and Impact
Investing South Africa.

For New Africa Business News (NABN) Abdul Rahman Bangura Reports,  Africa Correspondent