IMPACT INVESTING

In 2023, the Niger Delta Partnership Initiative (NDPI) spearheaded the introduction of Impact Investing as a strategic move to diversify, sustain, and scale up its financial portfolio.

To achieve this, NDPI partnered with two investment advisories, CrossBoundary and Total Impact, to conduct a baseline assessment and market analysis of PIND’s value chains.

This collaboration will help establish a Special Purpose Vehicle (SPV) to facilitate and unlock capital access for impact investments in the socioeconomic development and peace building programs in the Niger Delta. Additionally, NDPI represented PIND at various impact investment summits worldwide, contributing to discussions focused on unlocking financial access for investments in the Niger Delta.

“In 2023, the Niger Delta Partnership Initiative (NDPI) spearheaded the introduction of Impact Investing as a strategic move to diversify, sustain, and scale up its financial portfolio. To achieve this, NDPI partnered with two investment advisories, CrossBoundary and Total Impact, to conduct a baseline assessment and market analysis of PIND’s value chains.”

Capacity Building

During Q4 2023, staff from PIND collaborated with representatives from CrossBoundary and Total Impact. The goal was to conduct specialized workshops aimed at enhancing the internal capacity of PIND staff in impact investing. These sessions were crucial in strategic preparations for advancing impact investment initiatives. Significantly, we were nominated by the Impact Investment Foundation (IIF) for the prestigious Innocent Chukwuma Award for Social Impact.

In addition, PIND took an active role in the 6th Annual Convening of the IIF, held in Lagos, Nigeria. Here, we exchanged valuable insights on mobilizing capital to strengthen SMEs and development projects. This significant event, organized by the Impact Investors Foundation in collaboration with esteemed partners such as the European Union, UNDP, LEAP Africa, Impact Ventures,

AVPA, the Circular Economy Innovation Partnership (CEIP), and GIZ, served as a platform for sharing best practices and exploring opportunities for impact investments.

Moreover, PIND’s presence at the African Venture Philanthropy Alliance (AVPA) networking event in Lagos highlighted our commitment to nurturing meaningful collaborations and driving positive change within the investment landscape.

“During Q4 2023, staff from PIND collaborated with representatives from CrossBoundary and Total Impact to enhance internal capacity and advance impact investment initiatives, while also participating in significant events and receiving a prestigious nomination for social impact.”