How to Finance Social Innovation? 5 Insights from Impact! Africa


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Ashoka and the British Council hosted the Impact! Africa Summit, which convened at the Kenya School of Monetary Studies around the topic "Collaborative Finance for Social Innovation."

The two-day conference in Nairobi, Kenya gathered entrepreneurs, institutions, NGOs, academia and international agencies from across Africa and beyond to share experiences, challenges and possible solutions for building a vibrant social economy

Some of the take-aways from the Summit include:


  1. The promise of impact investment
  2. There's a gap between impact investors and social entrepreneurs
  3. Pay attention to the "missing middle"
  4. Government plays a role, too;
  5. Follow youth and women.


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Co-founders William Mann and David Mravyan devised the Sensimat during a mandatory project for their MBA at the Richard Ivey School of Business in Canada. Sensimat is a device that helps manage and assess pressure among wheelchair users.



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