Report: Kenya “clear hub” for impact investing in East Africa

Friday, August 7, 2015

A new report published by GIIN in partnership with Open Capital Advisors analyses the impact investing landscape in East Africa, with detailed chapters for five countries – Kenya, Uganda, Tanzania, Ethiopia, and Rwanda – plus chapters on six additional countries in the region.

The research shows Kenya to be the leading location for impact investing in East Africa, with more than half of the investments recorded occurring in Kenya. However, countries such as Ethiopia and Uganda showed growing promise for impact investors.

The report finds development finance institutions (DFIs) are a key player in the market, having deployed nearly US$8 billion in impact capital to date. However, other types of investors – such as venture capital and private equity funds, foundations, family offices, commercial banks, and angel investor networks – are increasingly active, having deployed a combined total of over US$1.4 billion to date in the region through more than 550 deals.

“East Africa is an impact investing market that is still growing and evolving, but we are seeing a lot of momentum,” said Amit Bouri, chief executive officer (CEO) of the GIIN.

Source: Disrupt Africa (link opens in a new window)

Categories
Entrepreneurship, Impact Assessment
Tags
impact investing, investment fund, social impact