BizNews BizNews Radio

Futuregrowth invests in SA’s first-ever ECD social impact bond

Loading player...
JOHANNESBURG — Futuregrowth Asset Management, acting on behalf of client funds, recently concluded an investment in the Impact Bond Innovation Fund (IBIF), a South African outcome-based financing mechanism that seeks to improve early childhood learning and development (ECD) outcomes in the Western Cape. The IBIF, a social impact bond, is the first ECD-focused transaction of its type in the Global South. The transaction has been structured and led through an intermediary partnership between mothers2mothers (m2m), an international nonprofit organisation, and Volta Capital - an international impact investment structuring specialist. In this interview, Michelle Green, who is an Investment Analyst at Futuregrowth Asset Management, and David Torres, who is the Senior Advisor to the CEO at mothers2mothers, explain more about the transaction. - Gareth van Zyl Learn more about your ad choices. Visit megaphone.fm/adchoices
1 Oct 2018 3AM English South Africa Investing · Business News

Other recent episodes

Why Africa's youth now trust China more than America

Ivor Ichikowitz turns sixty this year, and by his own account he's never felt more energised. As founder of Paramount, the defence and aerospace group he built into a business operating in twenty countries, he's used to controversy. But in this conversation with Alec Hogg, he's not talking weapons. He's…
4 Aug 9AM 44 min

Kallie Kriel: AfriForum’s legal eagles to swoop on “Land Grab” Malema

In this interview with Chris Steyn, Kallie Kriel, the CEO of AfriForum, describes the legal battle being fought against the Expropriation Act in the Cape High Court this week. Detailing the implications of the act in current form, Kriel warns that after the Local Government Elections in November, municipalities under…
4 Aug 4AM 16 min

BN Daybreak: Record FSCA fines; New police bosses; US-China AI rivalries; Trump warns Iran

In today's episode, we cover South Africa's crowning as Africa's ransomware capital and the FSCA's record R2.8 billion in fines, including action against the Banxso deepfake scam. We also discuss the appointment of seasoned provincial police commissioners and new anti-corruption progress. Globally, we unpack President Trump's tariff lawsuits, OpenAI's security…
3 Aug 11PM 14 min

Dr Lennit Max: Non-racial, merit-based appointments of four new police commissioners

In his latest interview with Chris Steyn, former Western Cape Provincial Police Commissioner, Dr. Lennit Max hails the appointments of four new provincial commissioners. “This time around I am very pleased that the Acting National Commissioner in her wisdom decided that there's merit among people of colour.” He points out…
3 Aug 8AM 33 min
All episodes