The African philanthropy landscape is incredibly rich, characterized by a diversity of actors, practices, and policies. Today, very old traditions of giving, rooted in cultures of solidarity and informed by a philosophy of shared humanity, coexist with modern types of philanthropic
institutions and practices. Community philanthropy is developing quickly. Venture philanthropy is also on the rise as is social impact investment and the creation of private foundations fueled by the increasing number of high-net-worth individuals. There is also strong growth in the number of private foundations established by African companies. Additionally, Africa is home to the fastest growing
middle class in the world. African philanthropists, therefore, have both the power and the opportunities to address the pressing challenges facing the continent.
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