At Impact Investors Foundation, Stakeholders harp on Nigeria’s economic growth

Stakeholders have harped on the need to strengthen the economy through delibrate and impactful investment for growth and sustainability. This was the thrust at the 8th Annual Convening on Impact Investing (ACII) organised by Impact Investors Foundation (IIF).

The two-day event, which brought together leaders in Nigeria’s impact industry held at the Civic Centre in Victoria Island, Lagos, with the theme: “Strengthening and Scaling the Nigeria Impact Economy”.

A major focus of the convening was the official launch of the 2025 Nigeria Impact Investing Ecosystem Mapping and Market Sizing Report This report, which builds on the 2019 baseline, provides a comprehensive mapping and market sizing of the impact investing ecosystem. It offers an evidence-based picture of the market’s structure, trends, and opportunities.

According to the CEO of the Impact Investors Foundation, Etemore Glover, “

Mapping and Market Sizing Report is a critical piece of the work that provides evidence-based data and critical market information for policymakers, DFIs, and investors. This data will assist in guiding capital to where it is needed most, translating availability into impact-aligned growth and a more resilient investment ecosystem.”

The convening’s objective was to galvanise a diverse ecosystem of policymakers, global and local investors, development institutions, and entrepreneurs to accelerate Nigeria’s impact-ready economy. For seven years, the event has fostered dialogue, shared experiences, and charted pathways for inclusive growth.

The 8th ACII was a major catalyst for action, delivering concrete outcomes across three crucial areas: capital mobilisation, regulatory reform, and pipeline strengthening.

The dialogue yielded concrete recommendations for innovative finance structures and blended finance mechanisms. These tools are seen as essential for mobilising the patient, catalytic capital needed at scale within Nigeria. Dedicated deal rooms at the event directly facilitated deal-matchmaking.

This connected investment-ready small-to-medium enterprises (SMEs) with investors, underscoring the vital role of Enterprise Support Organisations (ESOs) in preparing businesses for impact investments. There were also focused panel sessions that explored how to structure innovative finance models to scale Nigeria’s Impact economy and how to unlock Nigeria’s Impact capital through policy reforms and data-driven strategies.

A significant portion of the discussions during the events was dedicated to advancing action across specific high-potential sectors: Climate and Sustainability and Creative Economy. The convening highlighted the critical need to build a robust impact economy to sustain Nigeria’s recent economic momentum.

Speakers underscored that sustainability requires linking commercial gains with measurable social and environmental impact, essential for unlocking a share of the approximated $98 trillion in global assets under management, increasingly dedicated to impact investing.

The event culminated with the Annual Dinner and Awards Ceremony to recognise impactful businesses and investors whose work has created measurable social and environmental value. This included the Innocent Chukwuma Award for Social Impact for philanthropic non-profit and civil society organisations.

Glover further added that the 8th Annual Convening on Impact Investing (ACII) is much more than a conference, but a vital engine powering Nigeria’s inclusive growth and sustainable development. “We are resolute towards strengthening and scaling the Nigerian Impact Economy. For Nigeria, this acceleration means a more resilient investment ecosystem that delivers measurable social and environmental value alongside financial returns, ultimately building a better future for all Nigerians.”

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