Acumen's Journey to Transform Africa Through Patient Capital

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Acumen's Journey to Transform Africa Through Patient Capital

In 2001, Jacqueline Novogratz had a bold vision—to rethink how the world tackles poverty. She believed in the power of markets but knew that profit alone wouldn’t lift millions out of hardship. That belief became Acumen, an impact investment fund rewriting the rules of economic development with one simple yet radical idea: patient capital. This was not just about making investments; it was about proving that capital, when deployed with purpose, …