Investor Guide
Fueling Creative Futures: Our Bold Restructuring Journey to Empower African Visionaries
The Impact Fund for African Creatives is charting a new course in the African creative landscape with a total target raise of $150M. We are driving innovation and transformation with a focus on four distinct pillars. Through strategic funding and partnerships, we are igniting growth in the fashion and film sectors. Our collaboration with Annan Capital Partners and the Agoo Africa digital platform ensures that financial expertise is readily available to creative enterprises.
Internally, we are fostering sustainability and innovation in textile and manufacturing centers. Additionally, our business accelerator grants enable creative businesses to scale and attract investment. Join us on a journey to empower and enable Africa’s creative visionaries.
INSIGHTS ON OUR FUNDING PILLARS
Circularity and Value Chain Enablement: Our internal fund plans to raise $100M to focus on promoting circularity and value chain enablement within the creative sector, with a particular emphasis on textile and manufacturing centers. This strategic investment aims to enhance sustainability, innovation, and economic development in these critical areas of the creative industry.
Fashion Sub-Fund: We are launching a $1M fund in early 2024 within the fashion sector, designed to support debt and equity funding for aspiring African fashion entrepreneurs. This initiative is managed in collaboration with the African Fashion Foundation, a leading advocate for fashion innovation on the continent.
Film Sub-Fund: We are making a strategic $1M investment in 2024 into the $2M film fund being raised by TalentX, which is slated for rollout in early 2024. This investment aims to bolster the African film industry and foster the growth of talented filmmakers.
BUSINESS ACCELERATORS
Grants for Upskilling and Knowledge Sharing
With a technical assistance target amount of $22M: We provide grant funding to support programs that enhance the skills and knowledge of creative professionals. These accelerator programs are designed to help creative businesses scale their operations, seize new opportunities, and attract investment.
The African Fashion Futures Incubator
We open an incubator program each year to promising African designers who need support in developing their businesses. The aim of this program is to foster innovation, sustainability, and economic growth, empowering the next generation of African fashion creatives. The Scale-Stage AFFI program is working to drive positive change and innovation within the African fashion landscape.
Ambassadors' Collective
A project to address some of the key takeaways from AFF’s annual retreat, specifically the area of convening and encouraging collaboration across various brands and artisans. This will foster cooperation amongst fashion brands across Africa.
CORPORATE FINANCE
We work closely with Annan Capital Partners, a reputable corporate finance firm, to provide financial expertise and advisory services to creative enterprises. This strategic partnership ensures that African creative businesses have access to vital financial resources and insights.
Leveraging our collaboration with Agoo Africa, a digital platform dedicated to the African creative sector, we are committed to fostering financial innovation and inclusion within the industry. This platform provides valuable tools and resources to creative businesses.