This indepth report pulls together existing research and 60 interviews with local and national impact investors to analyse the landscape for impact investing country by country in Angola, Botswana, Lesotho, Madagascar, Malawi, Mauritius, Mozambique, Namibia, South Africa, Swaziland, Zambia and Zimbabwe. This includes over 81 non-DFI impact investors and 26 development finance institutions with over 8,000 disclosed investments.