Open Capital Joins 2X Global
(l-r) Co-founder and Co-CEO of Open Capital, Annie Roberts, Partner and Head of Gender Practice at Open Capital, Nathalie Gogue Ebo, CEO of 2X Global, Jessica Espinoza.
Open Capital is thrilled to announce it has joined 2X Global, a membership and field-building organization focused on unlocking gender-smart capital at scale.
“There is much discussion around gender lens investing, but nearly not enough action to truly have an impact. We require bolder actions to change the status quo,” said Nathalie Gogue Ebo, Partner at Open Capital, and Head of its Gender Practice.
“Joining this collaborative of changemakers allows us to leverage our expertise, reimagine approaches, and work closely with ecosystem players to design innovative approaches as well as fostering greater sharing and collaboration within the sector. We look forward to sharing our experience over the past 14 years and learning from such a rich community!”
CEO of 2X Global, Jessica Espinoza welcomed Open Capital to 2X Global, stating they would find “find both community and connection” amidst the organisation’s growing membership.
“We’re so pleased to have Open Capital as part of our membership here at 2X Global. We’re designed as an organisation to augment and amplify the knowledge and insights of our members by bringing them together in ways which allow for fruitful collaboration and knowledge sharing. So, we know Open Capital’s team will find both community and critical connection with our other members, particularly through our thematic communities of practice and peer learning networks. We are truly happy to have them on this journey with us as we aim to transform systems of finance for good.”
Open Capital’s approach to gender includes supporting diverse clients to advance women economic empowerment and gender equity across Sub-Saharan Africa in three key ways: supporting women-owned/led businesses to strengthen their operations and raise capital, supporting all business to integrate gender across their business models and supporting investors and donors to develop and implement gender lens investing strategies. Since its inception in 2010, Open Capital has supported hundreds of women-owned/led SMEs and other 2X eligible businesses raise over USD 420m in capital and published a number of publications on gender smart financing.
“We are excited to collaborate with other members of 2X Global to build capacity, share knowledge, and foster collaboration to enhance our impact in gender-smart investing and empower women-owned/led businesses across Africa, contributing to the broader global movement for gender-smart capital allocation” said Annie Roberts, the firm’s Co-Founder and Co-CEO.
