Impact Investment Foundation
The Impact Investment Foundation (IIF) was founded in 2018 as a multi-sector collaborative comprising the Ford Foundation, Africa Capital Alliance, BusinessDay Media, Bank of Industry and Dalberg Advisors. The foundation collaborates with key stakeholders and is active in the impact investing space to unlock capital for social investments in Nigeria and serves as the National Advisory Board for Impact Investing (NABII) secretariat.
IIF demonstrated interest in Nigeria’s inclusive business agenda and wished to become a formal IBeeN partner. The IIF recommends a national multisectoral approach to drive Nigeria's inclusive business strategy. It suggested the following agencies:
- The Impact Investors Foundation (IIF) mediates between the relevant public and private sector players to promote inclusive business.
- IIF recommends that the Ministry of Finance, Budget, and National Planning drive the inclusive business programme while the Ministry of Labour and Productivity supervises and measures the outcomes.