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New African-led impact investment solutions launches
African Alliance Asset Management has partnered with Tshikululu Social Investments, a leading social investment manager and advisor, to create a new African-led impact investment solution targetted at global investors.
New African-led impact investment solutions launches for global investors
In a press release, Nicholas Piquito, CEO of African Alliance Asset Management comments on the new impact investment scheme titled Thrive Africa.
“Thrive Africa is a single-point solution for impact investment across sub-Saharan Africa and allows investors access to a wide range of economically attractive impact with real return in a low-yield global environment.”
Impact Investments
Impact investments can be understood as investments that are established to foster a notable social and environmental impact in addition to financial returns.
The African-led impact investment solution is a platform to invest in a greener, inclusive and prosperous Africa.
With many African countries facing a range of challenges, Impact investments offering respite as it assists countries in achieving their Sustainable Development goals.
With impact-driven investments, a positive output is expected with an impact in numerous sectors such as employment, infrastructure, energy, education, clean water, agriculture, and others.
According to reports, the first fund will provide loan financing to impact-driven businesses across Africa. The first fund will focus on businesses facilitating financial inclusion, infrastructure, and clean energy.
Tracey Henry, Tshikululu’s CEO explains that investing in impact-driven companies has a positive off-set on the continent as a whole.
“By working with these companies, Thrive Africa will provide a platform for investors to be part of building a greener, more prosperous, and inclusive Africa.”
All the companies considered will undergo a rigorous check to ensure that they are meeting the guidelines of impact investment.
Currently, African Alliance and Tshikululu are now in the process of fundraising, as well as engaging with various impact businesses.
The partnership aims to establish its first investments in the coming months.
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