Social enterprises in East Africa are expected to receive $1.2 billion in funding within the next five years, says a new report. The report found that social impact investors have so far invested $680 million in Kenyan social enterprises with renewable energy, financial services and Pay as you go providers emerging as favoured investment sectors by social impact investors.
The report titled State of Social Impact Investing in Kenya was jointly done by US-based development finance consultancy firm FR LLC and students of the University of Virginia’s Darden MBA School of Business. Read more. Source | East African