Germany based IMPACC to provide smart equity investment in local social businesses

AFRICA – IMPACC, the Germany-based non-profit organization, has announced plans to provide smart equity investment of between US$30,000 to US$150,000 with a period of 6 to 12 months to local social businesses. These businesses have sustainable high impact that provide innovative solutions to social, economic and environmental challenges affecting the base of pyramid communities in Africa. The move, IMPACC says, is aimed at transforming the local ecosystem by leveraging the disruptive power of innovative local products and services as a driver for inclusive and sustainable growth. “We use the tools…

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