Fueling Creative Futures
Our Bold Restructuring Journey to Empower African Visionaries
Our Bold Restructuring Journey to Empower African Visionaries
We have adopted a three-pronged investment strategy for achieving impact, development,and a great return on investments in the target industries and regions;
Induction and Mentorship
Capacity building and mentorship led by African Fashion Foundation as an incubator
€10,000 to €50,000 financial backing
Seed financing and market access
€250,000 to €2M subject to an agreed business plan
Technical assistance (marketing, etc.)
Sustainability training and growth
Networking and connections to reach a global market
PORTFOLIO & PIPELINE
Audiobooks
Digital
Fashion
Music
Skincare
Textile
IFFAC’s strategy is a blend of grants and early-stage capital deployment, combined with capacity building and technical assistance (through our ecosystem of incubators and accelerators).
IFFAC seeks different formats of financial backing from development finance institutions (DFIs), donors, and private investors. Our investment asks are three fold:
1
Partners to seed the technical assistance grants
2
Anchor investors to support the fund with at least 10M
3
Direct investment into our portfolio and pipeline companies
ESG Investment Processes
IFFAC brings an innovative accompaniment, venture and growth investment solution to African creative and cultural industries, with a clear and intentional focus on achieving positive social and environmental impact. IFFAC seeks to:
- Catalyse investment into African creative and cultural industries
- Accelerate equitable job creation and inclusive economic growth for women and youth
- Capture the full value of African products through the protection of intellectual property, increased ownership and share of profits.
- Increase the value addition of African creative and cultural products through enhanced production
- Leverage digitalisation to unlock access to global markets for African cultural products
- Improve circular economies as a catalyst for sustainable production and consumption
IFFAC will do this by targeting investments into and fostering the development of African CCIs that align to the 2X Challenge, prioritise sustainability, and have potential to expand local manufacturing and leverage digital channels to reach global markets.