03.05.11 - GEXSI founds social business vehicle in Congo
GEXSI founds social business in Congo
Tuesday 3rd May, 2011, London / For Immediate Release
London – GEXSI, the Global Exchange for Social Investment is pleased to announce the foundation of the Congo Conservation Company (C3). Registered in Brazzaiville, Republic of Congo, C3 is a dedicated social business enterprise that is focused on developing conservation-led eco-enterprises in the north of the country. Marc von Krosigk, founding Partner of GEXSI Capital Partners, GEXSI’s project development entity was instrumental in successfully seeing through the C3’s foundation.
Mr von Krosigk stated: “The Congo Conservation Company is the third social business incubated by GEXSI. It joins our other social businesses in offering potential investors and stakeholders a mission-driven organisation that is fiercely committed to achieving sustainable triple-bottom line impacts for our investors, stakeholders and other project partners.”
Mr von Krosigk added: “The Congo Conservation Company will enable to GEXSI provide innovative enterprise solutions to protect nature and sustain low-impact businesses for local communities. We are excited by this new chapter in the GEXSI story, and look forward to closely with our partner, the Leadership for Conservation in Africa to realise an ambitious yet achievable challenge."
About GEXSI
GEXSI, the Global Exchange for Social Investment, was launched at the World Economic Forum in 2001 to pioneer entrepreneurial solutions to end poverty. We organisation works at the interface of venture philanthropy and social impact investing; it works through a UK registered charity and a project development and advisory firm. The original goal of GEXSI was to set up an exchange for social investments in low-income regions around the world. The original aim of the organisation was to identify outstanding social enterprises and match investment proposals with mainly US- and Europe-based impact investors. GEXSI revised its focus to concentrate on providing social entrepreneurs with financial and advisory support for early-stage development while providing social investors with strategic guidance on how best to deploy their money to achieve the maximum positive social and environmental benefits. Based on our vision of working towards a world where new entrepreneurial ideas to fight poverty, flourish, we have developed two entities united under the GEXSI banner to advance our work: the GEXSI Charity, our not-for-profit organisation, and GEXSI Capital Partners, our project development and advisory services organisation.
For further information, please contact:
Dr Darrin Lee Long,
Project Manager
Phone: +49 30 2888 3310
Email: leelong@gexsi.org
