2023 Annual Convening: Impact investing to drive catalytic capital deployment for inclusive economic growth and development

September 4, 2023, Lagos, Nigeria: Impact Investors Foundation (IIF), Nigeria’s leading platform for unlocking impact capital, is proud to announce, with the support of the United Nations Development Programme (UNDP) and of the European Union (EU), the 2023 Annual Convening on Impact Investing set to hold from the 31st October to 1st November 2023 under the theme: Catalytic Capital for Inclusive Growth and Development.

The two-day hybrid summit will offer a platform for deep discussions, insightful dialogues, and collaborative networking, focusing on leveraging catalytic capital as a potent tool to drive positive change for marginalised communities, women, youth, and underserved regions. The convening will bring together an esteemed assembly of leaders, policymakers, regulators, fund managers, impact investors, local and global impact investment pioneers.

“This year’s theme underscores the importance of addressing Sustainable Development Growth financing gaps in Nigeria estimated at $10 billion per year,” said Ms Etemore Glover, CEO, Impact Investors Foundation. “In order to ensure that socioeconomic and environmental benefits reach marginalised and underserved people and communities in Nigeria, catalytic capital must be deployed to transform key sectors of the economy, drive positive change and generate more social impact without leaving anyone behind.”

As part of the broader effort to mobilise catalytic capital for the transformation of Africa, this high-level event strengthens IIF’s commitment to taking action in mobilising and deploying catalytic capital in furtherance of the three-year Catalytic Capital Africa (2CAfrica) campaign launched at the 2023 West Africa Deal Summit held in Accra, Ghana on May 16-17, 2023.

Resident Representative, UNDP Nigeria, Mr Mohamed Yahya, noted that Nigeria’s efforts to achieve the Sustainable Development Goals by 2030 had been hindered by factors including the climate crisis, declining revenue and other global and national shocks. “To overcome these challenges and close the annual $10 billion SDG financing gap, sustainable financing models need to be developed urgently. “With only seven years left, it is crucial to enhance Nigeria’s capacity to mobilize resources and accelerate progress towards the SDGs,” he said.

impactful collaborations. The event will also feature an exclusive breakfast meeting hosted by Mrs Ibukun Awosika, the Chairperson of the Nigerian NABII.

The 2023 Annual Convening on Impact Investing would inspire investors with the resources to deploy concessionary capital and government officials to commit to developing policies that will bridge the financing gap and accelerate the achievement of the SDGs in Nigeria, creating a positive ripple effect throughout key sectors, especially the health, education, renewable energy and agriculture with cross-cutting gender lines.

IIF is also poised to celebrate winners of the prestigious 2023 Impact Investor Award of the Year, 2023 Social Enterprise Award of the Year and 2023 Innocent Chukwuma Award for Social Impact for delivering measurable social impact in Nigeria and West Africa at its Annual Dinner and Awards.

This year’s summit is organised by the Impact Investors Foundation (IIF) in partnership with the UNDP and EU, and supported by EHA Impact Ventures, Circular Economy Innovation Partnership (CEIP) and African Venture Philanthropy Alliance (AVPA).

As part of an intentional roadmap to the 2023 Annual Convening on Impact Investing, IIF would host an Institutional Investors’ Roundtable scheduled for September 7, 2023 as a prequel to the event, and a Gender Summit scheduled for November 15, 2023 as a sequel to the annual convening.



For more information about 2023 Annual Convening on Impact Investing and to register click:  2023 Annual Convening on Impact investing.



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