Listen here, or download the 16 MB mp3 file.
Africa poses remarkable opportunities for private equity investment, according to Thomas Barry, founder of the Zephyr Management investment firm. Pointing to the reliability of its renewable resources, its growing workforce, its expanding urbanization, and other strengths critical for business success, he reveals that, on this continent, reality is much better than the US public perception. He also talks about his own firm’s investment strategy on the continent. Barry spoke at the 2011 Stanford Africa Forum on entrepreneurship and development.
Substitute the word “impact” for “social performance,” and current debates in the investment community sound exactly like the ones the microfinance industry had 10 years ago. The investor community can learn from microfinance’s successful efforts to set standards for non-financial returns—the “other bottom line.”