The Blog

When Two Rivers Cross: Impact Investing and Philanthropy in Nigeria

In Nigeria, impact investing has gained traction as a financial tool for funding SMEs with a social mission, whereas philanthropy has a long history of being used to advance the country’s international development agenda. Impact investing may be an innovative tool that provides long-term solutions for social entrepreneurs looking to diversify away from philanthropic funding.

This new report from the Centre for Strategic Philanthropy at Cambridge Judge Business School, in collaboration with the Impact Investors Foundation and SME.NG, seeks to elevate the voices of investees – effectively the ‘demand side’ of impact investing – by bringing their perspectives and understandings of impact investing and what is truly required to deliver impact in Nigeria.

WINNERS OF THE CLEAN ENERGY GRANTS

We are pleased to announce the winners of the She Works Here Clean Energy Grants competition.

Congratulations to all the winners: Tolulope Falola (Digiscape Solutions Limited), Damilola Asaleye (Ashdam Solar Co. Ltd), Ngozi Adebiyi (OutsideIn HR Limited), Olufunto Boroffice (Chanja Datti Limited), and Aishah Sulaiman (Royal Pearls Resources Limited).

Thank you to our Donor & Partner Three Cairns Group for this important investment.

CLEAN ENERGY CONVERTIBLE GRANTS FOR WOMEN SMES IN NIGERIA

CALL FOR APPLICATION

Apply for the Clean Energy Convertible Grants for Women SMEs in Nigeria.

To mark its 3rd year anniversary. She Works Here, Nigeria’s largest all-women’s accelerator is announcing a convertible grant facility for female-owned businesses in Nigeria.

The objective of the grant is to bridge the gender gap in Africa’s growing renewable energy sector , by providing a catalytic repayable grant that helps female-owned businesses strengthen the supply chains in the renewable energy sector, enhance technology or, recruit staff.

#BREAKTHEBIAS

SME.NG and impact Investors' Foundation (IIF) would like to specially invite you to be a Guest Speaker at the above-mentioned virtual event. The topic you are to address is "How to Support Women's Access to Global Market Through Digitization".
The event seeks to promote discussions and collaborations between public and private sectors to invest and adopt technology solutions as a means to bridge the financial inclusion gap, digital gender divide, and create opportunities for women to upskill.