How to Finance Social Innovation? 5 Insights from Impact! Africa

Ashoka and the British Council hosted the Impact! Africa Summit, which convened at the Kenya School of Monetary Studies around the topic "Collaborative Finance for Social Innovation."

The two-day conference in Nairobi, Kenya gathered entrepreneurs, institutions, NGOs, academia and international agencies from across Africa and beyond to share experiences, challenges and possible solutions for building a vibrant social economy

Some of the take-aways from the Summit include:


  1. The promise of impact investment
  2. There's a gap between impact investors and social entrepreneurs
  3. Pay attention to the "missing middle"
  4. Government plays a role, too;
  5. Follow youth and women.


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Three social enterprises were recognized at the 2013 President’s Challenge Social Enterprise Award for their major contributions to society. SATA CommHealth and Bliss Restaurant landed Social Enterprise of the Year titles, while Bettr Barista Coffee Academy bagged the award for Social Enterprise Start-up of the Year.



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