Mission Statement

Operate credibly and independently to promote the development of impact investing in Ghana through public education and continuous research into major social and environmental challenges, policy advocacy and impact measurement of various initiatives to address social and environmental challenges

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GIMPA Centre for Impact Investing (GCII) announces grant awards from Tony Elumelu Foundation and Venture Capital Trust Fund for Impact Investing in Ghana

GIMPA Centre for Impact Investing (GCII) announces grant awards from Tony Elumelu Foundation and Venture Capital Trust Fund for Impact Investing in Ghana

March 11, 2014] The GIMPA Centre for Impact Investing (GCII) announces a grant award of $100,000.00 from The Rockefeller Foundation and the Tony Elumelu Foundation to support impact investing in Ghana. The grant has been endowed from the Africa Impact Economy Innovations Fund (IEIF) which was launched in April 2013 at the Africa Impact Investing Forum supported by the Rockefeller Foundation, and the Tony Elumelu Foundation. IEIF provides grant capital for entrepreneurs with projects that create jobs in underserved sectors, and supports proposals geared toward enabling capital solutions, fostering entrepreneurial ecosystems and promoting impact investing industry infrastructure. GCII was one of...

gcii
March 11, 2014]
The GIMPA Centre for Impact Investing (GCII) announces a grant award of $100,000.00 from The Rockefeller Foundation and the Tony Elumelu Foundation to support impact investing in Ghana.

The grant has been endowed from the Africa Impact Economy Innovations Fund (IEIF) which was launched in April 2013 at the Africa Impact Investing Forum supported by the Rockefeller Foundation, and the Tony Elumelu Foundation. IEIF provides grant capital for entrepreneurs with projects that create jobs in underserved sectors, and supports proposals geared toward enabling capital solutions, fostering entrepreneurial ecosystems and promoting impact investing industry infrastructure.

GCII was one of seven (7) winners selected from a highly competitive pool of hundreds of applicants from across Africa, representing several sectors across the continent including Finance, Agriculture, Policy & Research and Information Technology.

The funding is administered by the Global Impact Investing Network (GIIN) and a rigorous selection process was undertaken by a committee of experts from Omidyar Network Africa, Heirs Holdings Group, Global Impact Investing Network, Rockefeller Foundation and Tony Elumelu Foundation. The vision for the winners, through their various projects, is to enable opportunities for additional entrepreneurship activities across Africa to thrive.

Additionally, the Venture Capital Trust Fund (VCTF) approved an amount of GHC 200,000 to support the operations of the centre.

It is worth noting that, VCTF has been at the forefront of promoting impact investing in Ghana as a means of directing private capital to support businesses which deliver innovative and effective solutions to socio-environmental challenges, and also to promote socio-economic growth. VCTF recognizes that government alone cannot address the teeming socio-environmental challenges confronting Ghana as a nation. It is against this background that VCTF, in collaboration with the Rockefeller Foundation decided to champion and explore the opportunities of the impact investing space in Ghana. To this end, the Rockefeller Foundation was gracious in disbursing a grant to conduct research and explore policy barriers and opportunities for Impact Investing in Ghana.  In furtherance of the research report, a body institute was to be established to research and be the lead advocate of impact investing in Ghana. The Ghana Institute of Management and Public Administration (GIMPA), with its extensive research and policy analysis capabilities was identified and the partnership with VCTF has resulted in the GIMPA Centre for Impact Investment (GCII).

On August 28, 2013, VCTF and GIMPA officially launched the Centre for Impact Investing. GCII is a non-profit organization that provides advocacy, research and support services in the area of impact investing in Ghana. It is the only such organization of its kind in West Africa. The Centre is managed by highly proficient and skilled personnel committed to developing impact investment within the country. As a completely new concept in the Ghanaian business and financial landscape, impact investing is to be championed by GCII in the country and its immediate environs. It also seeks to collaborate and work with other sister institutions, be they private or public, to develop and expand impact investment activities within the country. The Centre has a clear vision of creating a “vibrant impact investing environment in Ghana’’

The Centre is currently conducting baseline research on impact investing in Ghana which is expected to provide an insight into the impact investing terrain, identify challenges and the opportunities in all sectors of the economy. The centre will by the end of the year develop a comprehensive impact measurement matrix to measure impact investments in Ghana.

Through this release, we invite all individuals and institutions as well as stakeholders and businesses interested in conducting any projects on or relating to impact investing to contact the Centre for possible collaborations.