In order to accelerate impact investing across the continent and mobilize capital for prosperity, inclusion, and quantifiable impact, the Africa Impact Investing Group (AAIG) was established.
A regional partnership of the Global Steering Group for Impact Investment (GSG), the AIIG was formally introduced at the first Africa Impact Summit (AIS) earlier this month in Cape Town.
It brings together African National Advisory Boards (NABs) for Impact Investing and task forces who have been working over the years to strengthen the impact investing ecosystem in their nations throughout the continent. It will serve as a platform for collaboration, learning, and advocacy to foster a thriving impact-investing ecosystem in Africa.
“The AIIG is an active and vibrant community of actors working on the ground with policymakers, 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.
