Building the Impact Investing Market in Sub-Saharan Africa and South Asia
Tuesday, April 8, 2014
When the UK’s Department for International Development launched the Impact Programme, just over a year ago, we knew we were moving into new territory. The 13 Year Programme is at the vanguard of the UK Government’s shift to an ambitious aid programme focused on economic development and a drive towards sustainable, inclusive growth in the developing world.
We knew what we wanted to achieve: the development of the impact investing market in Sub-Saharan Africa and South Asia. And we had a solid strategy for meeting those objectives, an investment Fund and a range of market-building activities which together aim to direct capital towards pro-poor businesses and entrepreneurs in Sub-Saharan Africa and South Asia. This would create more and better jobs, raise incomes and provide greater access to affordable goods and services, such as healthcare, agriculture services, energy, housing, education and safe water.