Foreword

The need for social impact and inclusion has never been more pressing over the last few decades. Throughout the intricacies of the 21st century, it is heartening to see both the public and private sectors taking a proactive role in shaping a future that is more equitable, diverse, and sustainable.

This issue of our magazine delves into the inspiring stories and innovative initiatives that are redefining the landscape of social impact and inclusion. From corporations leading the charge in impacting their communities to individuals championing marginalised communities, the pages that follow showcase the remarkable strides being made to create a more just and inclusive world.

The World Economic Forum’s Global Risks Report 2024 reports that the private sector is playing an increasingly critical role in driving social impact. The organisation found 73% of companies have integrated social impact considerations into their core business strategies, up from just 59% in 2020. This shift reflects a growing recognition that businesses have a responsibility to address pressing social challenges, and that doing so can also yield tangible benefits for their bottom line.

One of the most promising developments in the realm of social impact is the rise of public-private partnerships. By leveraging the resources, expertise, and reach of both the public and private sector players, these collaborative efforts can remarkably tackle complex social issues with greater efficiency and impact.

While the role of corporations and governments in driving social impact is undeniable, it is important to recognise the power of individual action as well. Across the globe, we are witnessing a groundswell of grassroots movements and community-led initiatives that are making a tangible difference in the lives of those they serve - and influx of corporations and philanthropic organisations eager to support these efforts.

Looking into data from the World Economic Forum’s Annual Report 2022 - 2023, 65% of individuals consider social impact to be a key factor in their purchasing decisions, up from 51% in 2020. This shift in consumer behaviour is putting increasing pressure on businesses to align their practices with the values and priorities of their customers, further accelerating the drive towards more socially responsible and inclusive business models.

As we look to the future, the promise of a world where social impact and inclusion are at the forefront of our collective efforts is both exciting and empowering. By harnessing the collective power of the public and private sectors, as well as the passion and commitment of individuals, a brave new future that is more equitable, sustainable is settling across the globe and more so in Africa.

In the pages that follow, we invite you to discover inspiring stories and innovative solutions that are paving the way for this brave new world. From groundbreaking initiatives in the realm of grassroots organisational development to trailblazing programs that are breaking down barriers to education and employment, this issue of our magazine is a reflection of the transformative power of social impact and inclusion.

Best,