Exciting news as the Africa Impact Investing Leaders Forum 2019 will commence exactly 1 week from today and we are looking forward to seeing you and your colleagues on:
Thursday, 24 October (1pm) – Open presentations and networking drinks reception, and
Friday, 25 October (8.30am) – Exclusive VIP & CEOs roundtable, sector presentations and plenary sessions, pitching & project presentations
Benefit from the unlimited networking, learning and impact investment opportunities.
To gain all access to the full 2-day leaders’ forum, get your tickets at: https://www.eventbrite.co.uk/e/africa-impact-investing-leaders-forum-2019-tickets-53724771237
Bring your team and stay up to date with the latest developments and trends shaping impact investing across the region and sectors, then understand how various stakeholders are responding and creating impact within their space.
Don’t miss out! Participate, Connect, Invest and share the event details with friends and colleagues that might find it useful.
If interested in attending the exclusive and exciting meetings, ensure to register here
We can’t wait to see you next week!
The Africa Impact Investing Leaders Forum 2019: Industry Updates & Networking Meeting will bring together key stakeholders in Africa’s impact investing landscape to exchange knowledge and explore opportunities in the impact economy.
- Presentations in Key Sectors
- Pitching by Entrepreneurs & Funds
- Introduction of New Funds
- Networking Opportunities
- B2B Meetings
Richard Putley, Chief Executive Officer, Executives in Africa
Frank Behrendt, Head of Financial Services Practice Group, Africa, Pedersen and Partners
Elodie Bauguen, Head of Impact, Investing for Good
WHO WILL ATTEND
Entrepreneurs, Innovators, Private Equity, Venture Capitals, Foundations, Development Finance Institutions, Institutional Investors such as: Banks, Insurance Companies, Pension, Hedge, Mutual Funds; Family Offices, Governments, Multi-lateral Institutions, Micro-finance Institutions, NGOs, Regulating Bodies, Researchers, Academics, Professional Services Providers.
Financial Services Investment Opportunity for SDG/Green Project
A company participating at the 3rd Africa Impact Investing Leaders Forum 2018 is looking to raise 750 million euros to scale up the 1st banking platform to fund green/ sustainable development projects and assets, and are interested in meeting serious investors and partners.
The funding is to securitise assets in environmental sustainability, emission reduction and energy efficiency to tackle social exclusion and inequality, climate change and air pollution.
To explore the opportunity and receive the prospectus, business plans or arrange a meeting with this experienced team at the forum. Register your interest here
Energy – Electricity Generation & Distribution
Energy company with project located in East Africa aims to develop over 20 run-of-river hydro sites. Feasibility and pre-feasibility studies already completed on 9 sites. Attending the 3rd AIILF 2018 and available for meetings during the forum, this renewable power project developer is looking to meet potential investors to raise $6 million.
Having acquired the rights to and started development of the 20 projects with the intention of developing and financing the projects as portfolios of 3-4 sites so as to lower costs per project and create a more attractive investment for investors and partners. Express interest to invest here
Financial Services for Education
Company with proven business model with predictable and attractive returns, seek to raise $1.2 million for next year’s operation.
For other Projects, click here
Arrange a meeting with any of the above project owners today. Reserve your place and discover various high-impact opportunities at forum. Register at: click here
Are you an entrepreneur with an innovative and scalable solution for some of Africa’s challenges, or know someone that does? Do you or your colleague manage a fund and need to meet investors, co-investors or new technical partners? Then submit your project free for the opportunity to present to impact investors and raise capital here
The delegates list continue to increase. See who has registered lately, click here
Bring your team and raise your profile at this interesting gathering of impact industry leaders and stakeholders. To register as delegates, kindly click here
Opportunities are still available across the forum agenda if you or your company will like to speak or showcase your thought leadership at the event. Do you advise or provide services to project owners or investors across sectors? Take the chance to attract new businesses and potential partners.
For more information on group discounts or speaking, sponsorship, exhibition opportunities, or to receive the latest agenda, please do not hesitate to contact us here
Kindly share this invitation with colleagues and friends that it might be beneficial to.
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Counting down to the The Africa Impact Investing Leaders Forum 2017!
Last week, we received the confirmation of the following:
- His Excellency Mr. Miguel Gaspar Fernandes Neto – Ambassador of the Republic of Angola
- His Excellency Mr. Muyeba S. Chikonde, High Commissioner for the Republic of Zambia
- Leslie Labruto, Global Energy Lead, Acumen Fund
- Michael Mithika, Chief Executive Officer, VisionFund International
- Suleiman Kiggundu, Regional Director, Africa, CDC Group
- Nikolaos Milianitis, Deputy Head of Division – Financial Service, Sub-Saharan Africa, European Investment Bank
Other senior executives and delegates include:
- First Secretary, Lesotho High Commission
- UN Economic Community for Europe (UNECE)
- DNA Economics; Commissioner, 1st & 2nd NPC; Future Planet Capital
- Trade and Development Bank
- Victus Global Capital
- B Corporation
- Developing World Markets
- UN Global Compact
- African Circular Economy Network
- iHealth Direct & Insight Report
- 4Green Building Solutions
- African Development Bank
- Tower Gate Capital
- Climate Bonds Initiative
- Credit Agricole Foundation
- Ghana Capital Partners
- Vital Capital Fund
- European Investment Bank
- Wharton Asset Management
- Shell Foundation
- Open Society Foundation
- Ardour Capital
- Campbell Consulting (London) Ltd
- Drinking Water Solutions (London) LTD
- All Africa Advisors LLP
- Creative Africa Fund
- Wan Consulting
- Songhai Advisory LLP
- Gateway Innovation
- CDC Group
- Barak Fund
- KIDS (SSA) Ltd
- African Education Project
- Amref Flying Doctors
- Barclays Africa
- Victus Global
- Oxfam GB
- Development Finance
- Ethical Markets
- Strategic Capital
- Pamela Foundation
- Tower Gate Capital
- Nordic Impact Funds
- Ubuntu Capital
- Acorn Capital
- 4 Green Buildings
- University of Hull
- Trade Develop Invest Nigeria
- Uhusiano Capital
- Imperial College Healthcare NHS Trust
- Africa Risk Consulting
- TPS Management
- Banks And Oakfield Partners
- Senegal-UK Chamber Of Commerce
- Dispute Resolver Ltd
- Ideas Concepts And Products
- Caribbean Savouries Ltd
- O A Media House
- De-Charles Resources Ltd
- Funmi Braids & Workshops
- MyDeeds Ltd
- Katasi Kironde
- Zambezi Medical
- Great Business Platforms
- Rich Visions Business Ltd
- Beulah Corporation
- Charterconsult Limited
- Nkoola Agencies International Ltd
- Bobbet Ventures
- Wan Consulting
- Nkoola Agencies International Ltd
- Ceviche Ltd
- Sheerleap Ltd
- The Chapel Project Advisory Co.
- Spem Quia Filii Foundation
- Atonement Enterprises
- World Bank
- Agence Francaise de Developpement
- African Women’s Development Fund
- World Food Programme
- Business & Sustainable Development Commission
Are you interested in meeting with and investing in high-impact businesses or funds in Africa?
Get the chance to listen directly to presentations by high-impact entrepreneurs, companies and funds at the 2ndAfrica Impact Investing Leaders Forum 2017, then meet one-to-one with them to explore the opportunities in details in the following sectors:
- Agribusiness: €12 million Investment Fund by a globally recognised industry leader inviting potential partners to meet them at the forum and invest in the agribusiness value chain
- Clean Energy: $12 million off-grid solar opportunity
- SME Fund: Expanding operations in East Africa.
- Health: $1 million Investment in Africa’s biggest market
- Edutech: €2 million Investment in West Africa
- Plus many more project information worth hundreds of millions of dollars.
- Brief list at: www.aiilf.com/proj
Are you managing a fund or are you running an impact enterprises and looking to connect with impact investors? The Africa Impact Investing Leaders Forum taking place on October 31 – November 1, 2017 will give you the platform and opportunity to present your opportunities and meeting like-minded investors.
Contact us directly or submit your project brief for a member of our team to contact you: http://aiilf.com/list-your-business/
Is your company already being represented? Why not register now to secure your seat, to speak and contribute:
The AIILF 2017 offers you a great platform to meet face-to-face with decision makers and influencers in the impact industry to showcase your company’s products and services. Therefore, for exhibitions, sponsorship and speaking opportunities, please contact: Emilie Lefevre, Marketing Manager: email@example.com
Finally, please pass this information across to colleagues, friends and your network that it might be beneficial to.
Thank you very much and look forward to hosting you and your team on October 31st & November 1st!
Nate Yohannes, his three siblings and their parents were exiled from Eritrea shortly after the country’s war for independence in 1991. They ended up in Rochester, New York. Every winter when he goes home to visit, Yohannes says, he jokingly asks his parents: Why such a seemingly random, bitterly cold city? But he knows the real answer.
“A lawyer sponsored us,” Yohannes says, through a refugee resettlement program of the Third Presbyterian Church in Rochester. Yohannes’ father, whose vision is mostly impaired due to stepping on a land mine in 1978, is now a board member of the church. “Being able to come to America and start over on humble beginnings even after stepping on a land mine is one of the reasons why our founders fought bloody battles,” Johannes adds.
His father now works in a probation office, managing cases involving domestic violence. His mother recently retired from a career in nursing. Yohannes went to law school in Buffalo, and clerked for a judge in Western New York. But thanks to another fortunate connection to a mentor in Washington, D.C., he got into the world of finance. “Finance was never in my language. My DNA is fighting for those who are in need and I got that from my father,” Yohannes says. Now, he can’t imagine himself in another industry.
President Barack Obama announced a new federal $1 billion fund for impact investing in 2011, and he eventually called upon Yohannes to finalize its design and make the program permanent. “This program makes sense to me because it fits my theme in life — make a dollar as well as create positive results for our country,” says Yohannes, whom the president officially appointed to serve as senior adviser to the chief investment and innovation officer at the Small Business Administration (SBA).
Sustaining Africa’s current economic growth rate will require financing and scaling innovative solutions that addresses its development challenges. According to a recent UNDP Report, total development financing gap in Africa is estimated to be at least US$100 billion annually until 2030, and as governments cannot achieve these goals alone, a multifaceted approach that includes public and private, domestic and international finance becomes necessary to meet the continent’s vast financing needs.
Currently, foundations and DFIs are playing the leading roles financing the region’s development, and as they shift their approach to more innovative financing models that delivers both financial returns as well as social and, or environment impacts, there is a need and growing demand by key actors for more private sector investors especially High-Net-Worth Individuals, Ultra High-Net-Worth Individuals (HNWIs & UHNWIs) and Institutional Investors to be more committed to impact investing.
Inside the minds of investors attracted to the region’s high growth opportunities and the concept of doing well by doing good, are concerns about accessing high-quality investment opportunities, how to exit their investments and finding reliable asset managers especially financial advisors with the relevant skills, experience and proven track record to advise and guide them in investing for impact.
On the demand-side, a growing number of African and non-African entrepreneurs and project owners with sustainable and innovative businesses that solves the region’s local challenges need growth capital from investors, co-investors and new partners to scale their projects. Here are a few projects that have been listed here: http://aiilf.com/proj/
Among the issues each stakeholder encounter and would like addressed: whether it is the lack of familiarity on the side of HNWIs & UHNWIs, or lack of awareness by entrepreneurs about the indicators investors require for measuring their impact; or the challenges faced by financial advisors in understanding the complexities; or foundations and family offices concerns about identifying and choosing the right specialists, creating a solution-based platform that gathers the practitioners and extends the coversation to new audience is essential and the Africa Impact Investing Leaders Forum aim to help simplify all these difficulties by bringing together the key stakeholders to discuss their challenges, share experiences, case-studies and best practices, then discover new opportunities, new partnerships in new regions.
Register your interest now and join key decision makers with the various industry players to update your knowledge, gain insights and identify opportunities. As we commit to helping in mainstreaming impact investing, which focuses on finding effective ways to utilise market-based solutions to address or eradicate extreme poverty, we enjoin you to kindly support this initiative and participate actively.
Download the Agenda:
Then, join the growing number of your peers and other key stakeholders online in the Africa Impact Investing forum here on Linkedin: https://www.linkedin.com/groups/8459007
We invite all forward-looking organisations and individuals to support this initiative
Please share this post to your networks, colleagues and organisations that it might be of interest to.
Thank you for your time and for sharing, more information available at: www.aiilf.com
By Ernest Okwudike, Founder & CEO, Alliance 54
The news releases arrived in noteworthy succession throughout 2013. Morgan Stanley, UBS AG, The Goldman Sachs Group Inc., and JPMorgan Chase & Co. — some of the biggest names in the financial services industry — announced plans to establish or augment their activities around impact investing. Such investments are made with the intention of generating measurable social and environmental impact alongside appropriate financial returns.
Each firm signaled a different approach and each used diverse language to describe its efforts. But the gist was the same: The significance of investment directed at achieving impact is growing, as is the willingness to engage in it beyond the traditional confines of corporate philanthropy.
Advisers who don’t believe impact investing will play a meaningful role in their own client strategies aren’t seeing the writing on the wall. Investing for meaningful impact will become part of mainstream planning and, in fact, will be the core portfolio for many next-generation investors who stand to inherit upwards of $41 trillion in baby boomer wealth.
A 2013 study by the World Economic Forum found that next-generation investors consistently ranked impact performance as their primary investment criterion, ahead of return. As individuals and institutions look to the financial services industry to supply — and financial planners to advise on — financial products and strategies consistent with these broader goals, firms will have to figure out how to serve a new set of client demands.
RESHAPING GLOBAL PRIORITIES
The deepening embrace of impact investing by the financial services industry mirrors a broader reshaping of global priorities. Skyrocketing deficits, uncertain financial markets and staggering needs have thrust the urgency of impact investing to the forefront. What have emerged as a result are new opportunities, challenges and innovation in all sectors that will help lay the groundwork for a more prosperous future.
This shift was captured in 2010 when 93% of corporate chief executives responding to an Accenture survey indicated that sustainability would be critical to the future success of their companies. These executives also believed that, within a decade, sustainability will be fully meshed with core businesses, fundamentally transforming principal capabilities, processes and systems.
To offer perspective on the financial services sector’s response to the surging interest in impact investing, Impact Economy and the Money Management Institute recently published a special report, “Serving Client Demand for Impact Investing: A Hands-on Guide for Financial Advisors and Senior Management.” The report explores the genesis of the interest by financial service institutions in impact investing, their struggles with certain aspects of implementing these kinds of investment programs and a potential path forward.
While a number of firms are beginning to adapt to the concept, investors, investment funds and advisers nonetheless struggle with different elements of impact investing strategies. Evidence suggests that global financial institutions are succeeding, to varying degrees, in aligning impact investment programs with their responsibility mission but, on the whole, have not succeeded in aligning these programs with their financial mission.
This is the principal reason why impact investing has yet to become a distinct practice area targeted to the mainstream investor. Yet it appears to be on the doorstep, and the very issues limiting the growth of impact investing are, in turn, creating a number of conditions for pushing it forward. Many firms are using components of their institutional platforms — namely corporate philanthropy, Community Reinvestment Act-motivated lending, socially responsible investing or wealth management — to match particular client demand.
Some examples: Citigroup Inc., though not adopting the impact investment label, has nonetheless mobilized resources along similar lines, with a focus on inclusive finance, via the Citi Microfinance business group and Citi Community Capital. In 2013, Deutsche Bank AG created a head office for environmental, social and governance investing to further drive ESG integration in the asset and wealth management areas of the firm. Goldman Sachs’ impact-related investing activities are split into two departments: the Urban Investment Group and the Goldman Sachs Foundation. Social Finance was launched at JPMorgan Chase in 2007, bridging the firm’s corporate responsibility department, which includes global philanthropy and sustainability initiatives, and the investment bank.
Less observable, though, is a push toward aligning these programs with various organizational functions, including advising, originating, trading, managing and distributing capital. Even there, though, progress is beginning to be made. This is evident in Morgan Stanley’s new Institute for Sustainable Investing, which offers wealth management clients access to investment products with values alignment, ESG integration, various sector exposures, and impact-specific products.
“CRAZY UNCLE IN THE ATTIC’
An alternative approach may be to embed impact investing across divisions of an institution. As Mark Sloss, senior portfolio manager and head of premier portfolio services at UBS Wealth Management Americas, said, “Impact investing should not be cloistered like the crazy uncle in the attic.” UBS envisions an “open architecture” model that welcomes the currently unstructured nature of impact investing. As a result, socially responsible and sustainable investing efforts are housed within the firm’s Wealth Management Americas division.
Regardless of the approach financial services firms favor, an impact investment program can be designed in a way that signals important insights about investor preferences to the core wealth or asset management practices of a financial institution, irrespective of whether these investments help to meet institutional philanthropic or compliance mandates (the current added value for most impact investing by financial institutions). In our experience, positioning impact investing in this manner provides financial institutions and advisers with a way to respond to the growing demand.
Embedded within the concept of impact investing (and the wider spectrum of impact-related investing, such as socially responsible investing) are demographic trends that reflect a cultural inclination for “doing well and doing good” simultaneously. This is notably different from the old model of “making money and giving back,” personified by Bill Gates and Warren Buffett.
A number of trends will begin to influence future decision making, including growing consumer demand from the global poor, the need for resource efficiency and green growth, the rise of the sustainable or “virtuous” consumer, and the massive intergenerational wealth transfer between baby boomers and their beneficiaries.
If impact investing has at times been marginalized within mainstream financial institutions, or “cloistered like the crazy uncle in the attic,” perhaps the time has come to let the crazy uncle out. Despite his eccentricities, he is looking more and more like the rich uncle — aligned with the priorities of the soon-to-be owners of $41 trillion in global capital, and potentially a harbinger of a new force for social good.
William Burckart is the managing director of Impact Economy