About The Africa Impact Summit

Partner Events

The 2024 Krutham Impact Investment Awards sponsored by FirstRand Bank aim to recognize innovative work at the intersection of finance and social and environmental development. They celebrate achievement, showcase best practice and inspire greater capital allocation for impact investing in Africa. They also provide a well-researched and comprehensive review of the best examples of impact investing in Africa.

The inaugural 2023 Africa Impact Investing Awards set a significant precedent with many nominations and impactful case studies as well as extensive media coverage. This year the Impact investing Awards will recognise the following achievements:

Social Enterprise of the Year
Impact Funder of the Year
Financial Structure of the Year
Impact Fund of the Year
Impact Intermediary of the Year
Outstanding Individual Achievement of the Year

Eligibility is open to any organization or individual registered in Africa or with operations on the continent. Winners will be determined by a panel of eminent judges active both on the continent and beyond. Nominations close on 7 April 2024. Visit the KAIIA website or contact kaiia@krutham.com for more information.

The 2024 Africa Impact Summit 2024 in Nairobi will host the second edition of the awards ceremony during a gala dinner event in partnership with RMB.

Based on the SDG Investor Map, the UNDP Africa Investment Insights Report provides an overview of private sector opportunities with economic, social and environmental potential for sustainable development progress across Africa. Utilising market intelligence from 10 economies, the annual publication offers SDG investment data and trends across, and describes financing opportunities, making the case for public support for impactful investments.

The UNDP Africa Sustainable Finance Hub will be unpacking it’s 2023 edition at the 2024 Africa Impact Summit and engaging in key dialogue that will inform actions required by a variety of stakeholders to influence greater allocation of capital for social impact.

JULY 15, 2024- JULY 16, 2024 EMARA OLE SERENI HOTEL, NAIROBI , KENYA

As a side event to the Africa Impact Summit, the United Nations Development Programme (UNDP) through its Africa Sustainable Finance Hub (ASFH), the Aspen Network of Development Entrepreneurs (ANDE), and the Africa Impact Investing Group (AIIG) will offer the Impact Measurement and Management Training based on the SDG Impact Standards to enable African SMEs to contribute to the Sustainable Development Goals (SDGs) while future-proofing their business to a changing world. It does so by making it easier for organizations to re-shape their internal management practices to put impact and sustainability at the core of their business and company strategy.

The training will provide attendees with the knowledge and skills they need to utilize the SDG Impact Standards to both manage for and measure their SME’s impact and contribution to the SDGs.

About the SDG Impact Standards

The SDG Impact Standards , developed by UNDP, are the global best practices for operating sustainably and contributing to the SDGs. They provide a universal framework and management approach for the advancement of sustainability and the SDGs amongst businesses, investors, and policy-makers. They provide an overarching decision-making methodology to connect a businesses’ existing frameworks and tools, fill gaps that are slowing down progress towards sustainable operations and contribute positively towards the SDGs.

There is increasing recognition that businesses and investors need best practice management standards to bring all their existing work together. The SDG impact standards are the missing piece of the puzzle.

Target Trainees & Programme Criteria

The Impact Measurement and Management Training targets Africa’s sustainability champions and offers a platform for exchange with like-minded SMEs to grow a network of industry leaders committed to moving beyond the SDGs as an add-on to what business gets done, to how business gets done.

The training focuses on registered SMEs with current operations in Africa (in one or more markets) with a demonstrated interest in reducing negative impact and creating positive impact for people and planet.

The training programme is designed for managerial and technical-level representatives with decision making power to integrate sustainability into the organisation’s core . Organisations are encouraged to send multiple representatives whose responsibilities impact key sustainability areas.

Training Programme

The 2-day training will provide attendees with the knowledge and skills they need to utilize the SDG Impact Standards and implement the framework within their SMEs. This includes:

Clarification of key concepts and how to make the business case for sustainability
An overview of the SDG Impact Standards and the underpinning key concepts
An introduction to the SDG Impact Self-Assessment tool and the 12 Enterprise Actions
Key case studies

Training Benefits

Gain practical skills in managing for SDG impact: Learn how to go beyond creating enterprise value and SDG reporting to integrating sustainability at the core of decision-making practices to make meeting disclosure and reporting requirements under both current and future frameworks more efficient and effective.
Understand what it takes to implement the SDG Impact Standards: Become familiar with how to plan an implementation roadmap using the SDG Impact Standards and utilize the self-assessment as a baseline and to improve over time.
Be part of Africa’s premiere cohort of SME sustainability champions: Exchange experiences and build a community of practice among African enterprises seeking to be sustainable, resilient and prosperous for the long-term through interactive training sessions and follow up engagement opportunities.

Applicants are recommended to familiarise themselves with the SDG Impact Standards ahead of the training programme: watch the introductory videos, read the About the SDG Impact Standards publication and study the SDG Impact Standards for Enterprises. Participants will also benefit from going through the Impact Measurement & Management for the SDGs online course.

Trainers

Omar El Fakharany

Omar El Fakharany has over 10 years of experience in private sector development. As the National Project Officer at UNDP Omar’s main responsibility is working on Impact investing and Impact measurement and management. Through linking sustainability and impact with the private sector and developing partnerships with impactful investors, Omar is able to support and promote impact investing in Egypt and across the Region. Omar also works on developing impact measurement and management frameworks supporting various investors and enterprises in setting impact and sustainability metrics and frameworks to manage their impact. In addition, Omar is an accredited trainer from UNDP’s SDG Impact and Social Value International on the SDG Impact Standards. He is also responsible for the Insurance and Risk Finance Facility (IRFF) where he works on bridging the gaps between sustainability, inclusive insurance and disaster risk finance. Prior to being with UNDP Omar worked at CID Consulting where he played a key role in private sector development and management consulting of various projects. Omar holds a Bachelor of Science degree in Business Administration with a major in accounting. He also holds a master’s degree in Economics in International Development from the American University in Cairo.

Amma Lartey

Amma has over 20 years experience designing programs and training organisations to measure and improve their impact in seven African countries – Rwanda, Ghana, Ethiopia, Tanzania, Senegal, Chad and the DRC. She is CEO of Impact Investing Ghana, the Ghana national partner of the Africa Impact Investing Group and GSG Impact. In this role, she supports enterprises, venture funds, pension funds and other organisations to explore and execute strategies to align their core operations to sustainability and the SDGs. In her previous role as regional director for Africa for international NGO, Reach for Change, and in her private consulting practice she has supported over 100 organisations to design, execute and track the impact of their programs. She is a social entrepreneur with a passion for seeing businesses integrate sustainability in a way that drives that competitive advantage. She has experience in supporting organisations at different stages to increase their impact and scale and become more financially sustainable. She is also skilled at facilitation, training, building partnerships, advocacy, and working with people and teams across cultures. She is an accredited trainer for the SDG Impact Standards, fellow of the fifth class of the Africa Leadership Initiative-West Africa and a member of the Aspen Global Leadership Network.

Africa remains one of the most climate-vulnerable regions of the world, but currently captures just three per cent of sustainable investment flows, indicating the challenge for low-income developing countries to capitalise on the green finance opportunities.

The Green Finance Platform at the Africa Impact Summit will provide a matchmaking and dialogue platform to convene stakeholders and facilitate partnerships and investments in green ventures and funds.

Partners will host a series of bilateral meetings , dialogues and panel discussions aimed at unlocking greater financing for green ventures on the continent. Discussions and activities will explore a wide range of investment opportunities as well as insights on the skills, data, regulatory frameworks and required policies to support green finance in Africa.

Sessions will showcase green ventures and funds looking for investment opportunities as well as government led investment opportunities for both private sector investors and large institutional investors.

Partners include ANDE, Kenya Climate Ventures and Kenya Innovative Finance Facility for Water.

DATE AND VENUE: July 16th, 2024 | Ole Sereni Hotel – Nairobi, Kenya

ORGANIZERS: British International Investment (BII) in collaboration with the United Nations Development Programme (UNDP) Africa Sustainable Finance Hub, and Global Steering Group on Impact Investing (GSG).

BACKGROUND AND OBJECTIVES

The Impact-Led Investing workshop, hosted by the British International Investment (BII), the development finance Institution of the United Kingdom, in partnership with the UNDP Africa Sustainable Finance Hub, is a one-day event workshop tailored to local institutional African investors aiming to enter or expand their footprint in the impact investing space.

The objective of the workshop is to support Chief Impact Officers, Chief Investment Officers, investment managers, and other senior executives with:

Presentation of the concept of impact investing and its building blocks.
Peer-to-peer knowledge and experience exchange on managing impact and commercial objectives while building an Impact-led fund or portfolio and managing impact investing, within the African context.
Presentation of the Operating Principles for Impact Management (OPIM) as a simple, and globally recognised conceptual framework for investors looking to design and implement impact investment strategies.
Presentation of the SDG Impact Standards for Private Equity, Debt and Venture Capital Funds as a decision-making blueprint for aligning investments with the SDGs and translating impact principles into practice.
Practical exercise on how investors can experience these principles and standards, with a particular focus on: How to position an institution on the return-impact spectrum and how to prioritise across multi-dimensional impact objectives?
How to start building an impact framework in your organisations?
Springboard for further learning and investment partnerships between local investors and development finance institutions.

TARGET AUDIENCE

Chief Impact Officers, Chief Investment Officers, investment managers, and other senior executives from local insurance companies, venture capital funds, pension funds, and national development banks committed to building or expanding their impact-led investment strategies.

Strategic Partners