Prospero is transforming Zambia into a regional impact investment hub for Central and Southern Africa by leveraging commercial capital for positive social and environmental outcomes. We do this by strengthening the impact investing ecosystem, working closely with different ecosystem players including businesses, investors, regulators, financial intermediaries, and impact investing enablers such as the national advisory board on impact investments.
In order to remove bottlenecks, Prospero focuses on:
Prospero increases impact investment into Zambian registered businesses seeking growth capital by assisting SMEs to get investment-ready and linking them to appropriate impact investors. All companies need to be post revenue and looking to raise between $250K to $10m. Our partners possess wide investment experience and have access to a pool of impact investors and or are impact investors themselves. There is currently a long-running partnership with Impact Capital Africa (ICA), while opportunities for further partnerships with both local and regional partners are being explored.
The institutional capacity of early-stage local fund managers is being built to attract the requisite capital for deployment into local businesses. Our partners under this initiative are local venture capital funds and private equity firms.
An increase in the capital flow to early stage/start-up businesses through establishing and working with Zambia’s first angel network. The network consists of high-net-worth individuals that invest and provide mentorship for early-stage businesses.
Through partnering with various players Prospero aims to strengthen the Zambian impact investment ecosystem. All players fall within the five GSG pillars namely supply (investors), intermediaries (financial institutions), demand (businesses), enablers (promoters of impact investment), and policy/regulation networks. Our main partner here is the Zambian National Advisory Board on Impact investment (NABII).
Connect businesses to investment that drives innovation, creates jobs, and accelerates inclusive, sustainable growth across Zambia.