Newsroom > Blog
Browse more
One of RENEW’s goals for 2014 was to grow the Impact Angel Network, expanding to new cities across the United States. The Impact Angel Network is one of the largest U.S. angel networks working in in Africa. The members of the network are all conscious capitalists who seek to not only gain a financial return on their investment, but a social return as well.
Here’s a story from Laura about the IAN’s growth in 2014:
“’But what does that really mean?’ – When your father becomes a member of the IAN, it opens you up to a whole new level of awareness about the investor experience. Maybe it’s just the truth-telling nature of my dad, but I am grateful for his perspective on our process, and hopeful it will bring a whole new level of refinement to the investor experience we seek to create.
Once I was able to provide the answer to his questions about our process and describe the fundamental core of RENEW, to grow mid-size companies in Africa into market leaders, his response was ‘It makes sense to me.’ The actual words of the quote may change slightly, but for most members of the IAN, the gist of the quote stays the same. Joining the IAN is not a hard sell for us to make: Invest in companies, create jobs, stimulate exports, generate returns, build economies. This is what made America great. ‘It makes sense to me.’”
And so, the IAN continues to grow one member at a time.
If you’d like to learn more, check out this short video How the Impact Angel Network Makes Investments in Africa
Renew Capital is an Africa-focused impact investment firm that backs innovative companies with high-growth potential. Renew Capital manages investments made on behalf of the Renew Capital Angels, a global network of angel investors, foundations and family offices who seek financial returns and sustainable social impact. For the latest on investing in Africa, subscribe and follow us at our social links below.
Related Posts