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Investing for Impact in Africa

By Emily Ziethen | Thu Sep 03 2015
On Monday evening, RENEW co-hosted a happy hour with the National Christian Foundation Colorado to discuss the philosophy of “doing well by doing good.” A wonderful group of individuals came together from Denver to talk about how impact investing could change the lives of thousands of individuals in Africa, while generating financial returns for investors and givers.
The partners of RENEW and the president of NCF Colorado - Bryan Chrisman - introduced attendees to a unique option in the growing world of impact investing. Questions ranging from “What is an impact angel?” to “How do I go about making an impact investment?” to “What’s the connection between impacting investing and charity?” were all addressed throughout the evening’s conversations.
The RENEW team shared about its unique business model and how it differs from the traditional model of development and aid for Africa. By facilitating investments into East African small and medium-sized enterprises through the Impact Angel Network (IAN), RENEW and the network are helping local businesses grow into market leaders.
Bryan Chrisman also discussed how investing in impact options like the IAN through donor-advised-funds (DAFs) enables people to reap the tax benefits of charitable giving, while also making sound investment and impact decisions. DAFs, such as the Impact Investing Foundation, are now being used to make impact investments in communities located half a world away.
RENEW is honored to have co-hosted such a great event with the NCF Colorado team, and is looking forward to continuing to connect with Denver investors about the merits of impact investing.
Renew Capital is an Africa-focused impact investment firm that backs innovative companies with high-growth potential. Renew Capital manages investments made on behalf of the Renew Capital Angels, a global network of angel investors, foundations and family offices who seek financial returns and sustainable social impact. For the latest on investing in Africa, subscribe and follow us at our social links below.

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