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GroFin - Transforming SGBs in Africa & the Middle East

Posted By Shailen Neewoor, GroFin, Wednesday, June 13, 2018
Updated: Friday, June 15, 2018

Gain a deeper understanding of how GroFin, through its unique investment model in SGBs, is positively transforming small and growing businesses and the local communities they support. The inspiring success stories of its entrepreneurs exemplify the collaborative efforts of GroFin staff, investors, partners and clients. The 2017 GroFin Impact Report, Nomou Impact Report and Aspire Impact Report translates its faith in the power of the collective by asking the question “If not us, who? If not today, when? If not with our finance and support, how will these small businesses grow and succeed?”

2017 GroFin Impact Report

As at end 2017, GroFin has financed 675 small and growing businesses, supported 8,840 entrepreneurs, sustained a total of 86,190 jobs and touched the lives of 430,955 family members in the local communities across our 15 locations of operation in Africa and the Middle East. The report indicates that GroFin has made more investments in its priority sectors of education, healthcare, agribusiness, manufacturing and key services. Furthermore, GroFin invested US$ 60M in nearly 88 new small and growing businesses, with over 50% of the SMEs operating directly in our sectors of focus, sustaining 14,000 total jobs and supporting an additional 72,000 livelihoods. And to reinforce its value proposition of providing 'support beyond finance' the company introduced the GroFin STEP (Success through Effective Partnerships) Programme to support its SMEs and Entrepreneurs.

2017 Nomou Impact Report

The Nomou Programme is a regional initiative in MENA which was co-created by GroFin and Shell Foundation. As a result of the collaborative efforts of its investors, partners and clients, the Nomou programme is contributing to the alleviation of poverty and improvement of livelihoods in the communities where the programme operates, as well as striving to reduce the adverse impact of the humanitarian crisis in the region.

In 2017, the Nomou Programme supported 1,005 entrepreneurs, made investments into 103 SGBs, sustained a total of 10,287 jobs, touched the lives of 51,435 beneficiaries and added economic value of US$ 149 million per annum through its investee SMEs across Egypt, Jordan, Iraq and Oman.

2017 Aspire Impact Report

Since their inception in 2014, the Aspire Small Business Fund (ASBF) and the Aspire Growth Fund (AGF) have sought to promote local entrepreneurship, employment and economic value-add in the Niger Delta. With the Shell Petroleum Development Company of Nigeria Limited (SPDC) as anchor investor, the Aspire Enterprise Development Funds epitomise GroFin, a private development finance institution, and SPDC’s efforts to serve the local community with a combination of investment funds, business skills and market linkages.

In 2017 GroFin increased its commitment to supporting SMEs in the Niger Delta Region by investing in an additional 17 small and growing businesses and extending further funding of US$ 2.5M (140% increase from total amount invested as at end 2016). As at end of 2017, GroFin has supported 365 businesses, invested in 53 SMEs and sustained a total of 1,975 jobs under the Aspire Funds.

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Tags:  2017  A Access to Finance  Access to Finance  Africa  Agriculture  ANDE Africa  ANDE Members  Base of the Pyramid  Business  business training  capacity development  DGGF  East Africa  education  finance  impact  impact investing  impact investing; gender lens investing; gender; w  impact investment  impact measurement  innovation  Investors  Kenya  MENA  missing middle  Philanthropy; impact investing  Private sector development  Rwanda  SDGs  SGB  SGBs  SGBs; accelerators; East Africa  SGBs; Environment; accelerators; energy  SGBs; West Africa; Senegal; Africa; MENA; Entrepre  small and growing agrobusiness  smes  social impact  South Africa  sustainability  sustainable development  Tanzania  Training  Uganda  West Africa 

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Announcing the Third Call for Applications for the CHMI Learning Exchange!

Posted By Allison Ettenger, Results for Development Institute, Wednesday, October 12, 2016

applICATIONS OPEN FOR the CHMI Learning Exchange

 

The Center for Health Market Innovations (CHMI), in partnership with Solina Health, is thrilled to announce its third Call for Applications for the CHMI Learning Exchange! Applications are due by November 13th.

Download the application here

Recognizing the excellence and innovation within our global network, the CHMI Learning Exchange aims to facilitate structured learning partnerships between organizations that are profiled on CHMI, helping programs to improve business practices, adopt innovations, or scale-up or replicate an aspect of their model to a new market. Learning Exchanges help connect health program managers to their peers for a focused opportunity that can help organizations strengthen their health businesses, and expand access to improved quality care.

The CHMI Learning Exchange will provide funding of up to US $8,000 to successful applicants to facilitate learning partnerships. Programs that apply for participation in the Learning Exchange may also be considered for participation in a Learning Collaborative - an additional in-person opportunity to work with your learning exchange partner and other programs in our network that share similar programmatic challenges[1].  To be eligible for this opportunity, at least one program must be based in West Africa[2], and both programs must be based in Sub-Saharan Africa

CHMI has seen firsthand that peer learning activities can be a valuable tool to support programs on their path to scale, ultimately reaching more people with quality, affordable care. In April 2015, CHMI awarded its second round of learning exchange grants to five winning applications. Representing ten organizations and six countries, these new partnerships allowed program managers to improve and scale-up their models; past grantee activities range from replicating supply models, improving management and operational processes, building financial sustainability, and adapting new client safety systems.

A Learning Exchange Focused on Sub-Saharan Africa


Following the 2014 West Africa Ebola outbreak, the global community refocused its attention on the fragmented health systems in West Africa. While many activities are implemented in West Africa with government support, there is a limited presence of peer learning opportunities in the region for private providers.  Allowing innovators from across the continent to connect with West African programs helps CHMI to share tacit knowledge, understand country contexts and regional trends, and promote South-to-South learning partnerships.

Is this opportunity right for me?

-Are you a healthcare manager running a program in Sub-Saharan Africa, aspiring to scale up your program or enter new markets?

-Are you struggling with a central question around your business model, one that other program managers may have insight into?

-Could you benefit from traveling or engaging virtually to learn from a similar healthcare program, either in your country or internationally?


If you answered yes to any of the above, the CHMI Learning Exchange may be a good opportunity for you!

What is a Learning Exchange?

A Learning Exchange is an engagement between two or more organizations to share knowledge around a particular need or business practice. Partners may be based in the same geography or in different countries.

Because peer-to-peer exchanges are customized to address an organization’s particular and current need, they can be limited to the scope necessary to catalyze institutional change. 

How does a Learning Exchange work?


Learning Exchanges will involve one or more healthcare organizations acting as lead partners and knowledge partners. One of these partners must be based in West Africa, and both programs need to be based in Sub-Saharan Africa

Lead partner: A “lead partner” is a healthcare organization profiled by CHMI that will develop the application for the CHMI Learning Exchange and be responsible for disbursing funds to other partnering organizations. The “lead” partner can be the “learner” in a traditional “mentor-mentee” relationship; or, the lead partner and knowledge partners can represent similar organizations that may offer complementary skills, expertise, and ability to learn from one another. Lead partners should contact potential knowledge partners through CHMI or through other channels to solicit their agreement to apply for the CHMI Learning Exchange. Please contact chmi@r4d.org if you require assistance in contacting programs through our website.Knowledge partner: One or more healthcare organization(s) that work with a lead partner to exchange knowledge through activities specified in this application. Knowledge partner(s) should agree to participate with a lead partner prior to being named in an application for the CHMI Learning Exchange.

 
Both partners should discuss the scope of the learning agenda, the way in which learning will take place, and its intended impact.

The lead partner will submit an application to the CHMI Learning Exchange. The lead partner will assume responsibility for meeting outcomes, submitting reports, and determining whether and how funds are shared between partners. The knowledge partner will provide their organization’s commitment signature on the Lead partner’s application.


A cohort of organizations will carry out their unique Learning Exchanges over a six-month period, from December 2016 through May 2017. At the conclusion of the Learning Exchange, partners will reflect on what worked and what didn’t work, and share their experiences to benefit the broader CHMI community. 

 
Learn more and apply by November 13th. Please contact us at chmilearningexchange@r4d.org if you have any questions. We look forward to hearing from you! 

Apply today

Tags:  Base of the Pyramid  business training  Health  Private Sector  social enterprise  social entrepreneurship  Training & Events  West Africa 

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Career Accelerator: Social Innovation Management Fellowship - Call for Applications

Posted By Geraldine Hepp, Amani Institute, Monday, December 14, 2015
Updated: Monday, December 14, 2015

Change someone's life - share this opportunity for aspiring changemakers to join a global Fellowship and take their career to the next level! 

We have received some of our best applicants thanks to people like you, and we would love to see the power of our community once again - so we can find the changemakers who are looking to build the professional skills and global networks needed to lead change effectively.

You can learn more about our Post-Graduate Certificate in Social Innovation Management and its changed structure here
Amani Institute Graduates now have an exciting opportunity through our partnership with Lynn University, where our program counts 25% towards a new MBA in Social Innovation Management that can be completed both on campus or online.

The most effective way to share this is via direct 
recommendation and shouldn't take longer than 3 minutes of your time but could mean a life-changing opportunity for someone in your network.

Fellows who have benefitted most from this program have been:

  • Career-switchers
  • Recent Graduates
  • Social change sector professionals 

committed to taking their work to the next level. Selection criteria:

  • A University degree (undergrad or masters)
  • At least two years of practical experience (either working or volunteering)
  • Evidence of commitment to social change through your personal and/or professional life
  • Strong desire to develop yourself further both professionally and personally
  • Interest in gaining a further global perspective to your previous experiences

Find a sample text, an infographic and a video for you to pass on below but also feel free to directly nominate and connect us via Email, allowing for a no-strings attached conversation with someone you nominate as a potential Social Innovation Management Fellow

_____________________________________________________________________
Feel free to use the below infographic about the different phases of the program and the following sample text for easy sharing:

Dear [Name],

Considering your passion for meaningful work, I highly recommend Amani Institute'scutting-edge 10 month Post-Graduate Certificate in Social Innovation Management: 4 months field immersion in Kenya or Brazil, 10 professional skill-building courses taught by global experts, a customized apprenticeship, 3 inspiring field trips, 20+ like-minded classmates from around the world, and much more. 

In 10 months, expand your professional network, get global experience in how to tackle some of the toughest challenges, and learn how to change the world! Apply now: bit.ly/amani2016

Learn more about Amani Institute's partnership with Lynn University if you are interested in an MBA in Social Innovation Management herebit.ly/SocInnMBA

Application Deadline: January 11th, 2016
Program start: February 1st, 2016

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Tags:  Base of the Pyramid  business training  capacity development  career in social changeSocial Entrepreneurship  CSR  diaspora  East Africa  education  emerging markets  fellowship  impact evaluation  innovation  Latin America  social entrepreneurship  social innovation  talent 

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GrowthAfrica's Agribusiness Accelerator: Upcoming Deadline 5/31/2014

Posted By Patricia Jumi, GrowthAfrica, Saturday, April 12, 2014
Updated: Saturday, April 12, 2014

GrowthAfrica’s Agribusiness Accelerator program seeks 12 -15 innovative and scalable solutions in the agriculture sector that are solving gaps in agricultural value chains and delivering products and services that will enhance the effectiveness and livelihoods of smallholder farmers in Kenya and the wider east Africa.

The applications open on April 14, 2014. Apply today! And also help us spread the word!

About GrowthAfrica’s Agribusiness Accelerator
The 5-month Agribusiness Accelerator program takes post-revenue, pre-profit, early stage agribusinesses on a journey that will see them increase the rate and scope of their success. The program will offer expert facilitation, peer learning and mentorship by some of Kenya’s most successful entrepreneurs, C-suite executives and sector specialists, and a chance for the cohort to raise up to USD 500,000 in investments. The program is leveraging GrowthAfrica’s award-winning learning tool, the ImpactCompass™ which has proven to be one of the most effective tools for business analysis and planning.


How to apply

Organisations and entrepreneurs that are interested in applying can send us an email at: agribusiness@thegrowthhub.com . The Agribusiness Accelerator Program runs yearly. More information on the program and how to apply can be found on: www.thegrowthhub.com/agribusiness/

 

Tags:  agriculture  ANDE Members  Business Models  business training  Crowdfunding  East Africa  Entrepreneurship  impact investment  mentors  SGBs; accelerators; East Africa  Social entrepreneurship  Women 

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Vital Voices 2014-2015 GROW Fellowship

Posted By Emilie Romero, Vital Voices Global Partnership, Thursday, February 6, 2014

Dear ANDE Community,

Vital Voices is excited to announce that it is now accepting applicants for the 2014-2015 VV GROW Fellowship Program.

VV GROW Fellowship Program Overview 

Vital Voices has launched the VV GROW Fellowship Program, a one-year competitive program to support growth-oriented women business owners to take their businesses and leadership to the next level. The program supports women-owned enterprises in, Latin America and the Caribbean, the Middle East and North Africa, and Sub-Saharan Africa to set and achieve business growth goals with a unique blend of online learning, in-person training, and tailored support services.  

 The one-year program timeline consists of 4 components:

  1. A  competitive participant selection process and business needs assessment
  2. Online preparatory sessions with Harvard Manage Mentor and Vital Voices advisors before the training, that guide fellows in drafting a business plan that they will refine throughout the training
  3. An in-person regional training
  4. An opportunity to access follow-on services such as technical advising, webinars featuring technical experts, business to business opportunities, mentors, and small grants

Who Can Apply?

Vital Voices is seeking applications from women business owners from Sub-Saharan Africa, the Middle East and North Africa, and Latin America and the Caribbean, who:  

  • Own a businesses that has been in operation for at least 3 years,
  • Employ at least 3 staff (including temporary and/or seasonal workers), and        
  • Generate at least USD $40,000 in annual sales.

As an interested applicant, you:

  • Are motivated to build the skills and make the changes needed to grow your business,
  • Are excited to participate in a one year program including on-line and in-person training and access to business growth opportunities, and
  • Recognize the value of and participate in the tracking of the growth of your business for up to 3 years through methods such as surveys, calls, or additional opportunities. 

How Can Applicants Apply?

More information on how to APPLY can be found online at: http://bit.ly/1ffl7UQ. 

 When are Applications Due?

  • Applications for candidates located in Sub-Saharan Africa and Latin America and the Caribbean are due March 2, 2014.
  • For candidates applying from the Middle East and North Africa, application deadlines are March 15, 2014.

Please share this with promising candidates who meet the requirements and are located in the regions mentioned.

Thank you!

Tags:  ANDE Members  Brazil  Business  business training  East Africa  Entrepreneurship  fellowship  Latin America  leadership  MENA  mentoring  Mexico  SMEs  West Africa  Women 

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