For the second consecutive year, Zoscales Partners has received an award for Best Sustainable Investment Strategy East Africa 2021. The prize has been awarded by Capital Finance International (CFI.co) and they chose Zoscales as the winners in all asset classes.
The founders of Zoscales Partners, Jacop Rentschler and Ashenafi Alemu are very proud to once again receive a recognition of their investment strategy.
“We integrated the United Nations Sustainable Development Goals, the SDGs, into our investment strategy in 2019 and we were honored to receive the first award in 2020. But getting international recognition of our efforts, two years in a row, makes us immensely proud,” says partner Ashenafi Alemu from Zoscales Partners.
Zoscales Partners believes that the SDGs provide a sound guide to identifying, creating, and measuring impact. They focus their investment strategy on delivering on SDGs 3, 4, 6, 8, 11, and 13.
The focus on the SDGs is also recognized by CFI.co.
“Zoscales Partners identifies six SDGs where its operations have the most impact and offers training, workshops and scholarships. It finances clean water and sanitation projects, integrates climate action across investments and catalyses the development of sustainable cities and communities. The firm has generated high returns for investors while creating over 500 quality jobs across East Africa. They focus on diversity by hiring more female employees in the companies and expect to double job creation in this area before year end,” CFI writes in their statement.
You can read the full statement here.
In 2020, Zoscales received the same award for Best Sustainable Investment Strategy East Africa and in 2019, Zoscales received an award as the Best East African Fund Manager of the Year by SuperReturn.
About Zoscales Partners
Zoscales Partners (ZP) with local offices in Addis Ababa and Nairobi invests in private equity with impact. In 2017, they launched a $75m fund which has since created 500 jobs in East Africa. A second fund launch is expected later this year, and ZP anticipates the creation of another 600 jobs in the region by the end of 2021. Based on the philosophy that social impact and commercial return go hand in hand, ZP ensures that profit-seeking never comes at the expense of positive outcomes for society.
For further information, please contact us at info@zoscales.com.