AfriLabs, a network organization dedicated to fostering innovation and entrepreneurship across Africa, has partnered with 2X Global, a global industry body focused on enhancing the flow and impact of capital toward women’s economic empowerment. This strategic partnership aims to promote intersectional gender lens investing across emerging economies.
AfriLabs, which recently expanded its network to 478 hubs across 260 cities in 53 African nations, plays a pivotal role in connecting technology hubs, startups, investors, and key stakeholders to drive innovation on the continent. In contrast, 2X Global is a membership and field-building organization for investors, capital providers, and intermediaries, dedicated to increasing capital directed toward female interests.
Anna Ekeledo, Executive Director at AfriLabs, expressed excitement about the collaboration, stating, “We are thrilled about our partnership with 2X Global, a leader in advancing intersectional Gender Lens Investing globally. This collaboration presents an exciting opportunity to leverage our collective expertise and networks to drive impactful investment in African innovation and entrepreneurship.”
The partnership between AfriLabs and 2X Global is founded on a shared vision of increasing financial capital flow to promote sustainable development through impact investment. This collaboration aims to foster collaboration, knowledge exchange, and capacity-building initiatives, driving positive change in the investment landscape.
Anna Ekeledo further emphasized, “Aligning perfectly with AfriLabs’ vision to support and mentor women entrepreneurs across Africa, this partnership signifies a crucial step towards fostering sustainable economic growth and development on the continent. We look forward to facilitating knowledge exchange, capacity-building initiatives, and advocacy efforts that will advance the intersectional gender lens investing agenda across emerging markets, creating a more inclusive and impactful investment landscape.”
The strategic partnership aims to create a more inclusive investment landscape by supporting and mentoring women entrepreneurs across Africa. By leveraging the combined networks and expertise of both organizations, the partnership seeks to drive impactful investment in African innovation and entrepreneurship, fostering sustainable economic growth and development.
Both AfriLabs and 2X Global are committed to advancing intersectional gender lens investing, ensuring that financial capital is directed towards initiatives that empower women and promote gender equality. This collaboration is expected to pave the way for more inclusive and sustainable investment practices, benefiting women entrepreneurs and contributing to the broader economic development of emerging markets.
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