The Krutham Africa Impact Investment Awards has named CEO of Impact Investing Ghana (IIGh), Amma Lartey the 2024 Outstanding Individual Achievement of the Year awards celebrating her contribution and support in the past year to the growth of the impact investment ecosystem in Africa yesterday at the Africa Impact Summit 2024 held in Nairobi, Kenya. Krutham – formerly Intellidex – is a research led consulting firm specializing in capital markets and financial services and the Krutham Impact Investment Awards (KAIIA) was developed in an effort to support growth of the African impact investment market.
Amma Lartey has served the West African impact investing ecosystem in numerous capacities in recent years, including as CEO of Impact Investing Ghana (IIGh). Amma has established several programmes such as the Enterprise Support Organisation (ESO) Collaborative, Ghana Research and Industry Collaborative (GRIC), Deal Source Africa and Pensions Industry Collaborative that ties into IIGh’s five-year strategy for impact. She also has an impressive track record of building and maintaining partnerships with the likes of the Research and Innovation Systems for Africa (RISA) Fund, UK International Development, United Nations in Ghana, World Food Programme, Orange Corners, Aspen Network of Development Entrepreneurs (ANDE), British International InvestmentI, FMO- Dutch Entrepreneurial Development Bank, and Ford Foundation.
IIGh has contributed significantly to the development of the impact investment market in Africa, including through a report published in 2022 in which IIGh identified 10 critical gaps in the impact investing ecosystem, their causes and consequences, then crafted proposed solutions, presenting its innovative nucleus of change model.
According to Nicole Martens, Head of Impact Investing Research at Krutham, there is a need for impact champions in Africa and celebrating them is key adding that the nominee pool for the 2024 awards largely reflected the trends identified across the continent and we believe these examples of impactful projects, programmes and investors can serve as references of best practice for replication across the continent.
Read Amma’s full works and impact story here
The field of impact investing in Africa thrives on the dedication of individuals who dare to challenge the status quo. These individuals under the segment recognise the unique potential and challenges of the African continent, and actively seek solutions that drive positive social and environmental change alongside financial returns.
Impact investment priorities across the continent remain steadfast and include decent work and economic growth (SDG8), climate action (SDG13), good health and wellbeing (SDG3), and reduced inequalities (SDG5 and SDG1). The need for enabling policy and regulation and for investment in education and capacity building across the impact investment ecosystem are also noted as critical to growth of the market (GSG Impact, 2023b).
About Impact Investing Ghana
Impact Investing Ghana (IIGh) is the GSG Impact National Partner in Ghana. We are an independent private-sector-led initiative promoting sustainable development and advancing the development of the impact investment ecosystem in Ghana and a member of the Africa Impact Investing Group. IIGh is supporting the growth of impact ventures and catalyzing $ 1 billion in impact funds for investment in Ghana and the West African sub-region. Find more here www.impactinvestinggh.org