Opportunities in Investing in African Agriculture:
21 April 2021, 4 pm East African Time
As the global population grows from 7 billion in 2010 to a projected 9.8 billion in 2050, overall food demand is on course to increase by more than 50 percent. With 60% of the world’s remaining arable land and copious amounts of rain and labor, Africa has a major opportunity to become the world’s food basket.
However, Africa remains a net importer of food. The agriculture systems on the continent are the least productive in the world. The newly ratified AfCTA presents a massive opportunity to revamp the food system on the continent.
Join us for a conversation on how market participants are working to address the sector’s vulnerabilities and harness its opportunities through the adoption of modern farming methods.
This is the second event by the Africa Working Group co-sponsored by the Impact Capital Forum and Impact@Africa. This cross-continental educational series will discuss and explore opportunities to advance impact investing across Sub-Saharan Africa in alignment with the Sustainable Development Goals (SDGs).
- Arising Opportunities in the sector
- De-risking the sector to make it more investable
- Can Africa leapfrog the world with regenerative agricultural practices
- The Covid-19 pandemic’s impact on agriculture sector
- How you can get involved
- Ms. Bettina Prato, Senior Coordinator, Smallholder and Agri-SME Finance and Investment Network (SAFIN) (Moderator)
- Ms. Atsuko Toda, Acting Vice President for Agriculture, Human and Social Development, African Development Bank (Panelist)
- Ms. Ndidi Okonkwo Nwuneli, Co-Founder, Sahel Consulting; Co-Founder, AACE Food Processing & Distribution; Chair, Nourishing Africa (Panelist)
- Ms. Jenya Shandina, Director, Investor Relations, One Acre Fund (Panelist)
Please register via this link for the webinar and you will receive the link to join the conversation.
African Healthcare and COVID-19: Impact Investment to the Rescue?
22 February 2021
After months of relatively mild impact from the novel COVID-19 pandemic, Sub-Saharan African nations appear to be entering a second, more powerful wave, with average death rates exceeding the global average for the first time. How did we get here? Join us for a conversation on how impact investors, social entrepreneurs and ecosystem enablers are working to address the economic challenges and resource gaps in response to this historical challenge.
This is the first event in a recurring series jointly hosted by the Impact Capital Forum and Impact@Africa. This cross-continent educational session will serve as a launching pad for an Africa Working Group being formed to discuss and explore opportunities to advance impact investing across Sub-Saharan Africa in alignment to the Sustainable Development Goals (SDGs).
- The current state of affairs
- The pandemic’s impact on achieving SDGs
- How impact investors and other ecosystem participants are responding
- How to strengthen the resiliency of healthcare systems post-pandemic
- How you can get involved
- Abimbola Adebakin is the founder and CEO of Advantage Health Africa, a health tech company focused on direct-to-consumer and B2B solutions in the pharmaceutical last mile space. She is a Certified Performance Technologist (CPT), a Pharmacist, Business Consultant and tech innovator. Formerly, as Chief Operations Officer of the Tony Elumelu Foundation, she led operations of the $100 million Tony Elumelu Entrepreneurship Programme. In her career in management consulting, she led public and private sector consulting projects at the Financial Institutions Training Centre (FITC) and at Accenture. Abimbola has consulted for the World Bank/IFC, AAIN, AfDB. She serves on the board of Hallmark HMO as an independent director, trustee of the Safe Medicines Foundation, Committee of Practice of the Chartered Institute of Bankers (CIBN) and volunteer board of a number of non-profits. She is an alumni of the African Women Entrepreneurship Cooperative (AWEC) and Cascador.
- Dr. Iris Mwanza (Moderator) is the Director of the Community Health Roadmap. Prior to this position, she was the Executive Director of the BroadReach Institute for Training and Education (BRITE) and worked as the Deputy Director and Chief Operations Officer for the Centre for Infectious Disease Research in Zambia (CIDRZ). At CIDRZ, she ran operations for large scale prevention, care, and treatment programs for HIV/AIDS, Tuberculosis, and Cervical Cancer. Before her work in global health, Iris worked at the World Bank and as a corporate lawyer in both Zambia and the US. In addition to advocating for strong community health systems, she is also passionate about conserving nature and serves as a member of the WWF-US Board of Directors. Iris has an M.A. and Ph.D. in International Relations from Johns Hopkins School of Advanced International Studies, and law degrees from Cornell University and the University of Zambia.
- Nthenya Mule is a Co-founder of Antara Health Bio. Nthenya brings extensive experience in healthcare and finance in Kenya and abroad. She has served as the Head of Finance at Avenue Healthcare, Head of Business Development for the Chandler Corporation’s East Africa Division, and Founding Director of the Acumen Fund’s East Africa office. Nthenya has a Masters in International Economics and International Relations from Johns Hopkins University’s School of Advanced International Studies and a BA in Economics from Grinnell College.Nthenya is fluent in English, Kiswahili and Kikamba, and is proficient in French and Kikuyu.
- Quinton Zunga is the founder and current chief executive officer of RH Bophelo, a pan-African investment company with the mandate of advancing healthcare in Africa through strategic investments. Quinton was a Director at Bank of America Merrill Lynch SA (BofAML) and Head of its Debt Capital Markets for South Africa and sub-Saharan Africa. He was instrumental in capital raising for over US$1.5 billion in these regions. Before joining BofAML, Quinton was Head of Debt Capital Markets at Absa Capital. Previously, he was the Head of Debt Capital Markets at Barclays. He helped develop Africa’s Debt Capital Markets, launching the first medium-term notes in Botswana, Tanzania, Mauritius and Zambia. He also led the issue of municipal bonds by the City of Johannesburg. Quinton raised over US$2.0billion in forty transactions that he was the lead manager or co-lead manager over his seven years at Barclays.
A recording of the webinar is available here.
Applying Impact Reporting to African Enterprises – 21 October 2020
Measuring and managing impact is critical for impact investing to grow and make significant contributions to the Sustainable Development Goals (SDGs) in Africa. A shared understanding of how enterprises and investors impact people and the planet can reduce the negative and increase the positives.
This webinar showcases the first African case study to apply the international Impact Management Project’s impact measurement framework to a social enterprise, and discusses how an impact statement can incentivise further investments and facilitate greater impact.
- Dr. Colin Habberton – Director, Relativ Impact
- Tracey Chambers – CEO, GROW Educare Centres
- Mabinty Koroma-Moore – Founder & CEO, LIVE Africa
- Moderator: Dr. David McClean – Principal, DMA Consulting Group / Impact@Africa Board Member
Webinar Recording and Presentation
Case Study Resources
Selected Impact Reporting Resources
- Impact Management Project: https://impactmanagementproject.com/
- IRIS+ : https://iris.thegiin.org/
- World Benchmarking Alliance: https://www.worldbenchmarkingalliance.org/
- Sopact Impact Cloud: https://www.sopact.com/
- SDG Impact Standards: https://sdgimpact.undp.org/practice-standards.html
- Impacti: https://impacti.solutions/
The Value of Impact Investing for Equality – 22 July 2020
Impact investment has tremendous but likely underutilised potential to advance SDG 10, which centers around reducing Inequalities. Until recently, impact investors have focused on many other SDGs and not actively interrogated how to actively impact invest to improve equity and equality, especially to counteract age-old economic disparities along lines of gender, race, national origin. Today, there is an increasing visibility of the deleterious impact of inequality, particularly racial and gender inequality, on our economies and societies.
What can and should impact investors be doing to tackle these issues? How does SDG 10 fit into the wider strategies impact funds are exploring and what can be done to further improve equality within the sector and portfolios?
Please find a recording of the webinar here.
- Tara Sabre – Advisor, Shell Foundation / Impact@Africa Board Member
- Christelle Kupa – Advisor, Uhusiano Capital
- Quinton Zunga – CEO, RH Bophelo
- Moderator: David McClean, PhD, Principal, DMA Consulting Group / Impact@Africa Board Member
- Synergies between SDG 10 on reducing inequalities and other SDGs
- Key areas impact investors are already addressing (ex: gender lens segment growth)
- Key areas impact investors still need to address (ex: racial representation)
- Interplay with gender and racial representation within impact fund leadership and teams
- Recent developments
- Expected or recommended strategies
Sustainable Development Goals (SDGs)
- The UN’s SDGs: https://sustainabledevelopment.un.org/
- SDG 10 Progress Report: https://sustainabledevelopment.un.org/sdg10
- #Envision2030 Goal 10: Reduce Inequalities: https://www.un.org/development/desa/disabilities/envision2030-goal10.html
- Goal 10: Reduced inequalities: https://www.sdgfund.org/goal-10-reduced-inequalities
- Investing in Africa’s People Yields Impact, Strengthens Efforts to Beat Pandemic: https://www.worldbank.org/en/news/immersive-story/2020/06/17/investing-in-africas-people-yields-impact-strengthens-efforts-to-beat-pandemic
- African venture funding is expected to slow but impact investors are boosting health and agri-tech startups: https://qz.com/africa/1869334/covid-19-impact-investors-eye-african-agriculture-health-startups/
- A tale of two continents: fighting inequality in Africa: https://www.oxfam.org/en/research/tale-two-continents-fighting-inequality-africa