Impact Investing Ghana (IIGh) is set to launch a dialogue and report on the “State of Impact Investing in Ghana: Unlocking Private Sector Capital for Profit and Impact.”
One of the most significant challenges in accessing accurate data on existing private sector investments to various organizations wanting to invest more or take other actions. In light of this, Impact Investing Ghana is leading a collaborative project with input from other key organizations in the ecosystem, namely; Private Enterprise Federation, GEA (formerly NBSSI), Chamber of Corporate Trustees of Ghana, Ghana Securities Industry Association, Venture Capital Trust Fund, NEIP, Social Enterprise Ghana, Design Thinking Ghana, Ghana Hubs Network and Ghana Venture Capital and Private Equity Association (GVCA) to create an impact investing ecosystem map and to track the evolution of the ecosystem, gaps and strategic initiatives over time.
IIGh and its partners are collaborating to launch the Ghana Impact Investing Ecosystem Report and drive dialogue on what action is needed in Ghana to unlock up to $2 billion in private sector funding for the country to achieve the SDGs on “The State of Impact Investing in Ghana: Unlocking private sector capital for profit and impact” on Wednesday 23rd March 2022 from 10 am to 11.30 am GMT.
The goal is to share what the data shows is needed to happen for Ghana to generate the funding it needs from the private sector to fuel its development. Impact Investing Ghana aims to drive collaboration to increase private sector funding for development significantly. The report and forum will set the stage for this action to begin as we work together to build a more prosperous Ghana.
The international media’s report on African business is skewed to only a few countries. The report also found that Government, policy, and regulations dominated African business stories published by the international media. According to the report, 54% of business news in 2021 was framed through government action and policies. Additionally, African media focused more on themes related to the government than on those related to entrepreneurship. Yet, African countries make up six of the top 10 countries whose populations were most likely to search for the topic of entrepreneurship in 2021.
With this launch, IIGh aims to address frequently asked questions like, can the private sector support financing for development? What have been the constraints that have prevented this from happening in the past? And what private-sector action could bring about change? How can the private sector be part of the action that leads to positive outcomes?
About Impact Investing Ghana
IIGh is a company limited by guarantee registered with the Registrar General’s Department. The company works with organizational leaders in their respective fields (including Government, Social Impact Ventures, Corporations, Finance, Development, Philanthropy, Asset Management Owners, Faith-Based Organizations) to promote impact investing in Ghana.
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