Tokunbo Ishmael,
Principal Partner in Alitheia Capital, says value of impact investment
in Africa has the potential to exceed 500 billion dollars over the next
decade.
Mrs. Ishmael
described impact investing as investment strategy whereby an investor
proactively seeks to place capital in business that would have
intentional social or environmental goal.
She made the
observation in an article on ‘Impact Investing: the pursuit of Purpose
and Profits’ in the April edition of the N-SACC News, a publication of
the Nigerian-South African Chamber of Commerce (NSACC).
“If leaders build
industry, investing for impact could have a powerful role in addressing
some of our most troubling social, environment, and infrastructural
challenges,” she said.
