April 05, 2013
This describes the new Impact Economy Innovation Fund (IEIF), which is a grant fund that will be managed by the GIIN in close collaboration with the Tony Elumelu Foundation and The Rockefeller Foundation.
From original article:
"The Rockefeller Foundation and the Tony Elumelu Foundation, founded by Nigerian philanthropist Tony Elumelu, have launched an impact investment [grant] fund for Africa.
The [grant] fund, called the Impact Economy Innovation Fund (IEIF) was officially launched at an Impact Investment Forum in Cape Town, South Africa."