Ghana’s Roberta Annan to Launch €100 Million New Investment Fund for Africa at 2018 Paris Peace Forum in Partnership with UN ITC & EU

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On November 12th, 2018, the Ethical Fashion Initiative alongside African Fashion Fund and the European Commission (EC) will launch a ‘one hundred million euro fund’ (100million) the Impact Fund For Africa (IFFA) a new investment fund supporting African creatives working in the fashion and lifestyle industries.

Launching in Paris during the Paris Peace Forum, an initiative by French President Emmanuel Macron, with the attendance of over 84 Heads of States, The United Nations Secretary-General and many dignitaries, the proposed fund will address the investments needed to leverage the power of creative and cultural industries to expand the social capital of Sub-Saharan African countries and thus contributing to the United Nations Sustainable Development Goals, as well promote inclusive growth in these economies.

The Impact Fund for Africa (IFFA) will be managed by Roberta Annan Capital Partners (RACP) with members from the EFI serving as non-exec board members and managing the sustainability committee, which will contribute to the mobilization of private capital for the financing of investments in support of the African creative and lifestyle industry.

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