The interest in impact investments and philanthropy across the world has been on the rise. This is due to the explosion in global wealth over the last couple of decades and a desire by those who have benefited from economic expansion to make a difference to society.
In its own way, Axis is also contributing to make a difference. The Axis Board has recently endorsed the management’s proposal to create a special desk to support impact driven and philanthropic activities aimed at Africa. Axis already supports a number of firms, nonprofit organisations and high net worth individuals who are engaged in various impact driven investments and philanthropic activities in Africa. Through this desk, Axis will be able to provide an even better array of services to such initiatives.
An avid supporter of impact driven and philanthropic activities, Mr. Assad Abdullatiff, Managing Director of Axis, commented “I am delighted that the Board has supported management’s proposal. Axis has always attached a lot of importance to its corporate social responsivity and the importance to do more than just maximize profits for shareholders and executives. As the leading Africa-focused Management Company in Mauritius, this initiative also shows our commitment to Africa’s development and to the betterment of the lives of our fellow African brothers and sisters.”
You may learn more about how, with a breadth of experience, we can help you to get the most from your impact driven and philanthropic endeavours in the article, Mauritius as Africa’s philanthropy hub, available HERE.
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