South Africa – October 2015

The Centre for Learning on Evaluation and Results (CLEAR), the Rockefeller Foundation and the University of Witwatersrand, School of Governance and Business School, have the pleasure to invite you to:

Impact Investing: Building the Field, Measuring Success.
An Executive Workshop on Evaluating Impact Investing
26-27 of October 2015

Wits Business School, 2 St. David’s Place, Parktown, Johannesburg

What is impact investment? 

It is a growing industry worldwide that is also expanding on the African continent. In South Africa, impact investing can take the form of loans, guarantees, share purchases and other equity-like instruments aimed at growing small and medium-sized businesses, increasing affordable housing, expanding access to health services, building public infrastructure (e.g. energy, water, ICT), and supporting community development programs. Impact investors may include commercial banks, development banks, private equity funds, pension and trust funds, non-profit funds, corporations, foundations and governments.

The Workshop
A two-day executive course will answer these two main questions:

  • How can the field of impact investing be expanded in South Africa to make a significant contribution addressing the country’s social, economic and environmental challenges?
  • What cost-effective, useful and practical methods and tools are available to to evaluate the success, and improve the performance, of impact investing funds and programmes?

The workshop will offer a rich agenda of lectures and presentations by international experts and South African leaders in the field. The event will appeal to..

  • The financial sector (banks, insurance, investment companies)
  • Development finance institutions and public trusts
  • Organizations engaged in public-private partnerships
  • Corporate social investors, philanthropies and private foundations
  • Monitoring and evaluation specialists and investment consultants
  • Social entrepreneurs, SMMEs and NGO leaders
  • Academics and trainers in the field of finance, business and public management, monitoring and evaluation.

Participants will gain new knowledge and understanding in the field of impact investing and evaluation methods and techniques applicable to the sector. The workshop will also serve as an important platform to expand contacts and professional networks in both the evaluation and impact investing field in Africa.

Agenda

Impact Investing: Building the Field, Measuring Success

An Executive Workshop on Evaluating Impact Investing

October 26-27, 2015, Mapungubwe Hotel, Johannesburg

DAY 1    FIELD-BUILDING

8:30  Registration and Coffee

9:00   Welcome by Sponsors

  •   Dr. Sulley Gariba, Workshop Chair
  •   Dr. David Everatt, Head, School of Governance, Wits University

9:15     Objectives and Agenda of the Workshop

  •   Dr. Edward Jackson, Workshop Director

9:20    Keynote Address 1: The BRICs, African Institutions, and Impact Investing

  •   Prof. William Gumede, Associate Professor, School of Governance, Wits University

9:50     Impact Investing Worldwide: A Global Scan    Mr. Karim Harji, Senior Instructor

 

10:15                             Tea Break

 

10:30    Keynote Address 2: Achievements and Challenges in Impact Investing in South Africa

  •     Dr. Stephanie Giamporcarlo, Research Director, School of Business, University of Cape Town

11:15      Impact Investment Funds: Strategies, Challenges, Performance, Monitoring

  •     Mr. Mark Paper, Chief Operating Officer, Business Partners Limited

11:45     Building the Capacity of Investee Businesses to Create Impact

  •     Mr. Karim Harji, Senior Instructor

 

12:00                                Lunch

 

1:30     Panel on Impact Investing and the Mining Sector

  •    Dr. Caroline Digby, Director, Centre for Sustainability in Mining and Industry, Wits University
  •    Ms. Jessica Rees, Sustainability Consultant

 

3:00                               Tea Break

 

3:15     Perspectives on Impact Investing in South Africa

Advancing the Transformation Agenda: Experience from the Government Pension Fund

  •    Mr. John Oliphant, Former Chief Investment Officer, Government Pension Fund

The Kagiso Trust Approach to Grant-Making and Investing for Impact

  •    Mr. Khotso Schoeman, Chief Executive Officer, The Kagiso Trust

The Graca Machel Trust and the Need for Impact Investing

  •    Ms. Nomsa Daniels, Executive Director, Graca Machel Trust

4:30  Field-Building Strategies for Growing Impact Investing: What Works and What Doesn’t?

  •    Dr. Edward Jackson, Workshop Director

5:00    Wrap-up of the Day

  •   Dr. Sulley Gariba, Workshop Chair

5:30    Adjournment

5:30    Cocktail Reception

 

DAY 2    EVALUATION OF IMPACT INVESTING

8:30    Registration and Coffee

9:00    Welcome and Agenda for Day 2

  •    Dr. Sulley Gariba, Workshop Chair

9:15     Keynote Address: Building Impact Investing in Africa: The Important Role of Social Impact Assessment

  •   Prof. Kojo Parris, Director, Centre for Entrepreneurship, Wits University

9:45     Assessing the Results of Impact Investing Programs and Funds: An Overview

  •    Dr. Edward Jackson, Workshop Director

 

10:15                               Tea Break

 

10:30   Social Impact Assessment: Experience and Tools from the Impact Investing Industry

  •    Mr. Karim Harji, Senior Instructor

11:00   Measuring the Success of Impact Investing: Perspective from a Development Bank

  •    Ms. Saphira Patel, Manager, Operations Evaluation, Development Bank of Southern Africa

 

12:00                                 Lunch

 

1:30     Measuring the Success of Impact Investing: Examining the Cadiz Impact Funds

  •    Ms. Refilwe Mokoena, Senior Manager, Research and Evaluation, Greater Capital

2:00    Measuring the Success of Impact Investing: Recent Work with AMSCO and ANDE

  •    Mr. Dylan Edwards, Consultant, Impact Advisory Services, AMSCO (Presentation PDF)

2:30     Evaluation of the Impact of Mining Investments in Education Outcomes in South Africa

  •    Dr. Neissan Besharati, M&E Technical Specialist, CLEAR Centre, Wits University

 

3:15                                 Tea Break

 

3:30     Building the Evaluation Toolkit: Theory of Change, SROI, DIBs and more

  •    Dr. Edward Jackson, Workshop Director
  •    Mr. Karim Harji, Senior Instructor

4:00    Building a Research Agenda on Evaluating Impact Investing

  •    Prof. Rob Moore, Director, Strategy and Innovation, Faculty of Engineering and the Built Environment, Wits University

4:30    Wrap-up of Workshop and Next Steps

  •    Dr. Sulley Gariba, Workshop Chair

4:50     Closing Remarks

  •    Rob Moore, Director, Strategy and Innovation, Faculty of Engineering and the Built Environment, Wits University

5:00     Adjournment

 

Workshop Planning Working Group

  •    Dr. Laila Smith, Director, CLEAR Centre, Wits University
  •    Dr. Neissan Besharati, M&E Technical Specialist, CLEAR Centre, Wits University
  •    Mr. Khotso Tsotsotso, Junior Researcher, CLEAR Centre, Wits University
  •    Ms. Khwezi Fudu, President, Etico Capital
  •    Ms. Thobeka Poswa, Director, Etico Capital
  •    Dr. Edward Jackson, Workshop Director