TGIC Founder, Balogun on how to open up investment opportunities for Nigerian youth
The Green Investment Club say they have successfully crowd funded about $17 million for multiple projects in Nigeria. With a mandate to democratize investment opportunities for millennials in Africa, Founder, Tomie Balogun, joins CNBC Africa to discuss ways to navigate the investment space in Nigeria.
Wed, 05 May 2021 11:55:35 GMT
Disclaimer: The following content is generated automatically by a GPT AI and may not be accurate. To verify the details, please watch the video
AI Generated Summary
- The Green Investment Club addresses the exclusion of Nigerian youth from traditional investment channels by providing access to diversified portfolios and financial education.
- The club advocates for a balanced approach to investment that incorporates both traditional asset classes and cryptocurrencies, highlighting the importance of risk management.
- Successful crowdfunding initiatives by the club have catalyzed job creation and economic growth in sectors such as agriculture, FinTech, and consumer lending, demonstrating the potential for youth-led impact investing in Nigeria.
The Green Investment Club, a Nigerian investment group, has made waves by successfully crowdfunding over $17 million for various projects in the country. The club's founder, Tomie Balogun, recently sat down for an exclusive interview with CNBC Africa to discuss the group's mission to democratize investment opportunities for African millennials. Balogun highlighted the challenges faced by Nigerian youth in accessing traditional investment avenues and how the club is working to bridge this gap. She emphasized the importance of financial education in empowering young people to build diversified investment portfolios and make informed financial decisions. The club's focus on long-term investment strategies and collaboration among young investors has led to significant contributions to sectors such as agriculture, FinTech, and consumer lending in Nigeria. Balogun also addressed the rising interest in cryptocurrencies among millennials and advised on the importance of balance between traditional and digital asset classes in investment portfolios. The club's success in supporting job creation and economic growth in Nigeria serves as a testament to the potential impact of youth-led investment initiatives in the region. As Balogun stated, the $17 million raised is just the beginning, signaling a promising future for youth-driven impact investing in Africa.
Get this delivered to your inbox, and more info about about our products and services. By signing up for newsletters, you are agreeing to our Terms of Use and Privacy Policy.
