Corporates as agents of economic growth

When Kenyan philanthropists and foundations met in Nairobi a few weeks ago under the auspices of the Africa Philanthropy Forum, they reckoned that philanthropists must start seeing themselves as agents of change and economic prosperity. PHOTO: COURTESY

As far as philanthropy goes, the African continent is undergoing a major transformation as more corporate organizations and individuals pump billions of dollars into community projects.

But, are the billions of dollars changing the lives of Africa’s poor people?