A cross section of experts drawn from different walks of life have concluded plans to discuss the impact of investment in the continent of Africa thus far.
The webinar, tagged: ‘Impact Investments in Africa: Solution, Palliative, or Poison? Is being organised by ThistlePraxis Consulting is part of the edition of Sustainable Conversations™ which holds on July 28, 2021, 11 am – 1 pm, via the Zoom video conferencing app.
Justifying the need for the programme, according to the organisers, “This webinar is crucial because it will bring together business leaders, regulators, investors, government officials, experts, and practitioners in the sectors of the economy critical to sustainable development. It will also help chart a clear roadmap for effectively integrating solutions for Impact Investments in Africa.”
Pressed further, it said, the webinar will address issues and concerns relating to Impact Investments in Africa and its sustainable development. It will provide an opportunity for key stakeholders in the business investment and development sectors to collaborate on how to achieve sustainable investment growth in Africa and serve as a forum to explore the inherent benefits that reaching this growth would accrue.
Citing the United Nations Development Programme (UNDP) report of 2013 tagged, “Realising Africa’s Riches – Building Comprehensive Businesses for Shared Prosperity,” it said territorial private segment unit African Facility for Inclusive Markets (AFIM), revealed critical findings about the requirement for impact investment – the assignment of capital into undertakings, reserves, and organisations with the desire for a budgetary return and a positive natural and social impact – to goad the development of comprehensive businesses in sub-Saharan Africa.
“The concept of impact investing is widely acknowledged as directing capital to firms that generate social or environmental benefits apart from profits. As an investor, you make investments intending to generate positive, measurable social and environmental impact alongside a financial return.”