LeapFrog recently announced a ground-breaking separate account with Prudential Financial Inc., enabling this iconic group to access growth opportunities in Africa. In this article, Simon Clark describes how the $350 million separate account will target investments in top-tier life insurance companies in leading African economies, including Ghana, Kenya and Nigeria, at scale and with a clear focus on emerging consumers. The account represents a significant step forward for the impact investing industry: diversifying beyond PE and demonstrating the viability of alternative structures and asset classes to achieve impact.

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