The U.S.-Africa Leaders Summit: A Focus on Foreign Direct Investment

Editor’s Note: The U.S.-Africa Leaders Summit blog series is a collection of posts discussing efforts to strengthen ties between the United States and Africa ahead of the first continent-wide summit. On August 4, Brookings will host “The Game Has Changed: The New Landscape for Innovation and Business in Africa,” at which these themes and more will be explored by prominent experts. Details on how to register for the event will be available soon.

On the second day of President Obama’s three-day U.S.-Africa Leaders’ Summit, the U.S. Department of Commerce and Bloomberg Philanthropies will convene the inaugural ….. Continue Reading

Rockefeller And Tony Elumelu Foundation Launch African Impact Fund

The Rockefeller Foundation and the Tony Elumelu Foundation, founded by Nigerian philanthropist Tony Elumelu, have launched an impact investment fund for Africa.

The fund, called the Impact Economy Innovation Fund (IEIF) was officially launched on Fridayat an Impact Investment Forum in Cape Town, South Africa. The forum, which was attended by many leading African entrepreneurs, was jointly hosted by The Rockefeller Foundation, The Tony Elumelu Foundation and the Bertha Centre for Social Innovation & Entrepreneurship at the University of Cape Town (UCT) Graduate School of Business with the aim of introducing Africa’s business leaders to ….. Continue Reading