Developing Africa Through Effective, Socially Responsible Investing

The SME space is seeing tremendous growth in Africa, with easier access to funds from financial institutions and government policies encouraging sector growth. However, there still exists a ‘missing middle’, which finds it hard to access funds due to the category of funding they belong to; people that require between $50,000 and one-two million dollars. A new system of investing; impact investing, which started in 2008 after the global financial crisis, has been addressing the needs of this ‘missing middle’. The Africa Impact Group, for example, has been working towards helping Africa benefit from socially responsible investing through its activities.