Friday, May 1, 2009
Investing and Africa
Alright, that interesting project I alluded to is the review of a venture fund that makes loans to businesses that produce not only economic benefits but also social and environmental ones (the so-called “triple bottom line”). This fund, Verde Ventures, affiliated to big-time NGO Conservation International is thinking of expanding its activities to new sectors and new geographies (most of its work has centered on coffee and ecotourism in Latin America so far). A potential new investor asked to conduct a review of their operations and assess the potential of VV’s expansion into Africa. Hence, the somewhat (understatement…) busy time in the past few weeks and current trip to Africa….