SA remains Africa’s leading country with the largest amount of funds and assets dedicated to impact investing, according to a new report by the Bertha Centre for Social Innovation and Entrepreneurship at the University of Cape Town (UCT) Graduate School Of Business. The 2016 African Investing for Impact Barometer paints a picture of continued growth for investments in Africa that seek to combine financial returns with positive social, environmental and governance outcomes. Impact investing is increasingly seen as a key driver of socioeconomic development, drawing on the power of capital to advance social change. UCT Graduate School of Business associate professor Stephanie Giamporcaro, who is also the director of the publication and annual research project, said of the 1,924 investment funds surveyed across nine key countries, 45% were identified as implementing one or more impact investing strategies, amounting to $353.9bn. For the 2016 barometer, six countries were added to the th...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.