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Rockefeller, Tony Elumelu Foundation Fuel Impact Investing In Africa
VENTURES AFRICA – In a bid to drive impact investing in Africa, Tony Elumelu Foundation and one of America’s oldest private foundations, Rockefeller Foundation have launched the Impact Economy Innovations Fund (IEIF) at the Impact Investing in Africa: Accelerating the Industry Regionally Forum in Cape Town, South Africa last Friday. The forum which was hosted by [...]
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NIGERIA: Monumental increase in investors’ demand for government securities like Treasury Bills (TBs) and sovereign bonds has enhanced government’s capacity to fund its expected budget deficit of 2.97 percent or N1.105 trillion in the 2012 fiscal year. This is because rising risks in the equities market following a streak of losses; and paucity of [...]
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