At the 2023 virtual Krutham Africa Impact Investment Award ceremony, EIV received the Project Developer of the Year award, recognising the organisation’s ability to initiate projects and create an opportunity to accelerate social impact.
The award was given to EIV for their innovative financing technique that helped EHA Clinics secure a $300,000 loan from Stanbic Investment Banking and Trust Company Limited (IBTC) last year. The loan is to expand the Clinic to two more locations in Abuja and Lagos, serving an additional 6,000 people annually.
Adam Thompson, EIV Co-Founder, received the award. He stated that the recognition commends the team’s effort to ensure social and environmental impact from investments.
During his speech, Dr. Graunt Kruger, the Managing Director of Krutham, expressed that award recipients represent financing opportunities for smaller social enterprises despite the significant financing gap in the region. “Our award winners showcase a new world of possibilities for facilitating greater access to capital, particularly for smaller social enterprises.”
We are grateful for this award and look forward to advancing social investments across Africa.
Read more on the award here: