Impact Investing in Africa: Call to HNWIs, Financial Advisors, Institutitonal Investors & Entrepreneurs.
Sustaining Africa’s current economic growth rate will require financing and scaling innovative solutions that addresses its development challenges. According to a recent UNDP Report, total development financing gap in Africa is estimated to be at least US$100 billion annually until 2030, and as governments cannot achieve these goals alone, a multifaceted approach that includes public and private, domestic and international finance becomes necessary to meet the continent’s vast financing needs.
Currently, foundations and DFIs are playing the leading roles financing the region’s development, and as they shift their approach to more innovative financing models that delivers both financial returns as well as social and/or environment impacts, there is a need and growing demand by key actors for more private sector investors especially High-Net-Worth Individuals, Ultra High-Net-Worth Individuals (HNWIs & UHNWIs) and Institutional Investors to be more committed to impact investing.
Inside the minds of investors attracted to the region’s high growth opportunities and the concept of doing well by doing good, are concerns about accessing sustainable investment opportunities, how to exit their investments and finding reliable asset managers especially financial advisors with the relevant skills, experience and proven track record to advise and guide them in investing for impact.
On the demand-side, a growing number of African and non-African entrepreneurs and project owners with sustainable and innovative businesses that solves the region’s local challenges need growth capital from investors, co-investors and new partners to scale their projects.
