On Thursday, AlliedCrowds released the second edition of its Developing World Alternative Finance report. In the latest report, AlliedCrowds examine impact investing in Africa and looked closer at Somalia’s impact landscape.
“Development finance is moving from grants and donations to loans and investments, and impact investing is in prime position to capitalize on this shift. Impact investing is still a rather niche industry, but it’s growing. Reacting to customer demand, investment managers are increasingly offering impact funds, and green bonds have grown to a $700bn market. Given these trends, we decided to focus our report on the state of impact investing across Africa. We find the countries with the most active impact investing landscapes (as measured by the number of funders in a country) are not very different from the countries with the most active alternative finance landscapes, generally.”
See the full report below.
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