The Africa Impact Investing Group (AAIG) has launched, aimed at accelerating impact investing across the continent and driving capital for prosperity, inclusion and measurable impact.
The AIIG was officially launched at the inaugural Africa Impact Summit (AIS) held in Cape Town earlier this month, and is a regional collaboration of the Global Steering Group for Impact Investment (GSG).
It will serve as a platform for collaboration, learning, and advocacy, to foster a thriving impact investing ecosystem in Africa, and brings together African National Advisory Boards (NABs) for Impact Investing and task forces who have been working over the years to build a stronger ecosystem for impact investing in their countries across the continent.
“The AIIG is an 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 recognise that traditional philanthropy and aid alone are not enough to address the development challenges facing Africa,” said Elias Masilela, chair of DNA Economics and Impact Investing South Africa.
