Responsible Investing

ECP firmly believes that responsible investing is complementary to profitability and the latter need not be sacrificed on account of the former: for example, being a good corporate citizen and enhancing the social development of the communities in which we invest makes good business sense.  Adopting "best in industry" standards of corporate governance and transparency, contributing to sustainable development by attracting private capital to Africa and increasing private sector participation in African economies through improved corporate governance, adoption of best practices for environmental and social management, and increased revenues from the sale of goods and services has become a key part of ECP's business goals.

In order to reach those goals, we have created a culture inside ECP and with our portfolio companies to encourage transparency and accountability. The sum of ECP's policies and procedures is our Environmental, Social and Governance (ESG) Management System, which provide a framework and guidance for our Investment Professionals as well our Portfolio Companies. The core of our ESG approach can be found in our ESG Policy.

ECP's focus on infrastructure has resulted in significant investments in ports, telecommunications, transportation systems, and basic utilities such as power and water; sectors that are vital for Africa's development. Through investment in high-growth companies, ECP enables job creation on a large scale and also encourages development of technical and managerial skills, thereby fostering a more sophisticated, highly skilled workforce across the continent.  Click here to see recent examples of ECP portfolio companies that exhibit responsible investing.

ECP has not focused solely on the most developed areas of the Continent as demonstrated by the Fund's resources which have been directed into 40 different African countries. Our portfolio companies have provided cell phones in Sierra Leone and Malawi, flights to Mali, employment to thousands of rural workers in Chad and Congo Brazzaville, fertilizers to small Moroccan farms and construction of affordable housing for families in Cameroon.

Since its founding, ECP's dedication to development has been a critical part of the business. Further illustrating its steadfast commitment, ECP affirmed the principles set forth by the UNPRI and became a PRI Investment Manager Signatory.

 

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UN Principles of Responsible Investment