• Sunday, April 28, 2024
businessday logo

BusinessDay

NABII to deepen data-driven market with impact investing report

NABII to deepen data-driven market with impact investing report

In a bid to promote sound decision making in the impact investing market, the Nigerian National Advisory Board for Impact Investing (NABII) has launched a report to deepen data-driven impact investing in Nigeria.

Read also: Impact investing key to bridging Nigeria infrastructure deficit

The report was unveiled at the 6th convening on impact investing themed “Catalytic Capital for Inclusive Growth and Development.” in Lagos, in collaboration with the Nigerian Economic Summit Group (NESG).

NABII said the report titled ‘Investing for Impact in Nigeria: A Deep Dive into Agriculture, Education and Health Sectors,’ is its contribution to mainstream Impact Investing in Nigeria and attracting private capital towards the achievement of the sustainable development goals (SDGs).

The partners said at the launch that the report provides valuable insights into investing for impact with policy recommendations for unlocking the potential of the Agriculture, Education, and Health sectors.

“It also includes recommendations for Investing in MSMEs, women, and unlocking Pension Funds to mobilise capital to drive growth in these sectors. It is clear that we cannot achieve the desired impact without collaboration, concerted effort and decisive actions.

Read also: Nigeria needs serious reforms to trigger multi-trillion dollar economy – NESG

“We need transformative investments now! We must collaborate across sectors, utilise finance and technology, and accelerate sustainable solutions at scale to achieve our development goals.”

 

Details on key insights from report to follow…