NextBillion - An Initiative of the William Davidson Institute at the University of Michigan

Friday, May 10, 2013

Venture Capital Trust Fund (VCTF) on Wednesday signed a Memoranda of Understanding (MOU) with the Ghana Institute for Management and Public Administration (GIMPA) to establish a Centre for Impact Investing in the country.

The partnership was to establish a collaborative framework for the promotion of impact investing as a means of developing a business community of social enterprises to deal with the social and environmental challenges confronting the country.

The signing of the MOU will combine a firm mix of expertise in investments and social-economic development, policy analysis and advocacy, design and implement activities and basic infrastructure necessary for impact investing to thrive in the country.