IPDEV2, the first incubator and sponsor of African impact funds, held the signing of its first closing on October 20th 2015. While three funds are already operational, in Niger, Burkina Faso and Senegal, IPDEV2 aims to build a network of 10 impact funds in 10 African countries over the next 10 years, in order to finance the small and early-stage businesses of the continent.