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AfriLabs, renowned as the largest network of technology and innovation hubs across Africa, and 2X Global, a leading global advocate for directing capital towards women’s economic empowerment, have recently inked a memorandum of understanding (MOU) to establish a strategic partnership. This collaboration aims to propel intersectional Gender Lens Investing across emerging economies, marking a significant stride towards fostering inclusive and impactful investment landscapes.
Driven by a shared vision of channeling financial capital to promote sustainable development, including through Impact Investment, AfriLabs and 2X Global are committed to fostering collaboration, knowledge exchange, and capacity-building initiatives to drive positive change in the investment landscape.
Anna Ekeledo, the Executive Director at AfriLabs, expressed excitement about the partnership with 2X Global, highlighting the latter’s expertise in advancing intersectional Gender Lens Investing globally. Ekeledo emphasized that this collaboration presents a unique opportunity to leverage collective expertise and networks to drive impactful investment in African innovation and entrepreneurship.
The partnership aligns seamlessly with AfriLabs’ vision to support and mentor women entrepreneurs across Africa. Ekeledo emphasized that this partnership signifies a crucial step towards fostering sustainable economic growth and development on the continent.
The collaboration between AfriLabs and 2X Global aims to facilitate knowledge exchange, capacity-building initiatives, and advocacy efforts to advance the intersectional Gender Lens Investing agenda across emerging markets. Ultimately, the goal is to create a more inclusive and impactful investment landscape that empowers women and promotes sustainable development
CEO of 2X Global Jessica Espinoza said the partnership presented a great opportunity for both organisations to benefit from the insights and networks of each other. “2X Global and AfriLabs have a common focus on knowledge sharing and capacity building, not to mention a shared commitment to supporting women’s economic empowerment. So we’re really looking forward to putting this partnership into action by finding synergies to carry forward our respective, aligned missions.”
The memorandum of understanding outlines the terms of collaboration between AfriLabs and 2X Global in achieving their shared goal of increasing the flow of financial capital to promote sustainable development through intersectional Gender Lens Investing. The partnership will focus on knowledge exchange, capacity building, and advocacy initiatives aimed at advancing the intersectional Gender Lens Investing agenda across emerging markets
