Impact Investing Ghana

What Impact Investing Ghana does

Impact Investing Ghana (IIGh) is a Ghanaian nonprofit ecosystem builder headquartered in Accra that operates as Ghana's National Advisory Board for Impact Investing and the National Partner of GSG Impact. Founded around 2020, the organization convenes capital allocators (notably Ghanaian pension funds), fund managers, SMEs, enterprise support organizations, and development finance institutions to address Africa's estimated $331 billion SME financing gap by mobilizing domestic institutional capital — chiefly the $600 billion in African pension assets — for local investment. IIGh's principal vehicles are the $75 million Ci-Gaba Fund-of-Funds (a blended finance vehicle managed by Savannah Impact Advisory with IIGh as sponsor), the Deal Source Africa digital platform for connecting African businesses with investors and transaction advisors, and the esoghana.org portal that aggregates enterprise support programs. The organization also hosts the Ghana Angel Investor Network (GAIN), Pensions Industry Collaborative (PIC), Ghana Research and Industry Collaborative (GRIC), and the ESO Collaborative, and convenes flagship events including the Ghana Impact Summit, Africa Impact Summit, and West Africa Deal Summit.

The underlying technology stack centers on two digital platforms — Deal Source Africa and esoghana.org — that function as matching and information infrastructure rather than as standalone SaaS products, with quarterly deal rooms and Impact Fund Showcases layered on top. IIGh's revenue model is grant-funded: operating costs are covered by development finance institutions and foundations (UK FCDO/RISA Fund, Ford Foundation, FMO, GSG Impact, Japan Ministry of Foreign Affairs, Argidius Foundation, Catalytic Capital Consortium, Small Foundation), and core services are provided at no cost to participants. The Ci-Gaba FoF first close of $75 million in 2026 is structured as a sponsored fund with anchor pension investors rather than as organizational revenue. GTM is event-driven and community-led, relying on summits, deal rooms, and bilateral engagement with regulators and institutional investors rather than traditional sales motions. The target outcome is catalyzing $1 billion in impact funds for Ghana and West Africa.

Name

Impact Investing Ghana

Legal name

Impact Investing Ghana LBG

Website

https://impactinvestinggh.org

Company type

Private

Founded year

2020

Operating status

Operating

Headcount range

1–10 employees

Short description

Impact Investing Ghana is a Ghanaian nonprofit ecosystem builder that convenes pension funds, fund managers, SMEs, and DFIs to mobilize domestic capital, operating the $75M Ci-Gaba Fund-of-Funds, the Deal Source Africa platform, and flagship impact investing summits.

Ownership category

akta.pro rank

Product category

Impact Investing Ecosystem Services

NAICS

Portfolio Management and Investment Advice (523940), Miscellaneous Intermediation (52391), Investment Banking and Securities Intermediation (523150)

SIC

Services-Management Consulting Services (8742), Finance Services (6199)

akta.pro primary industry

Impact Investing & Social Finance (Funds, CDFIs, Microfinance) (BPAGALAA)

akta.pro secondary industries

Impact Investment & Social Finance Programs (BPADAOAJ), Impact Investment & Development Investment Funds (BPADACAO), Impact Investing (Intentional, Measurable Social/Environmental Outcomes) (FSAAALAC), Social Impact & Inclusive Finance Funds (FSANAJAH), Sustainable Private Markets (Impact PE/VC, Private Credit, Infrastructure) (FSAAALAG)

Keywords

• Impact investing ecosystem
• Blended finance vehicles
• SME capital mobilization
• Sustainable finance advisory
• Pension fund investments

Headquarters

HQ city

Accra

HQ country

Ghana

HQ region

Africa

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Others

Revenue model

1. Grant Funding and Donations: IIGh operates as a nonprofit organization funded through grants from development finance institutions, foundations, and government aid programs. Major funders include UK FCDO (via RISA Fund), Ford Foundation, Japan Ministry of Foreign Affairs, Argidius Foundation, and GSG Impact.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels6 records

Core offering

Impact Investing Ghana (IIGh) is an independent, private-sector-led nonprofit that builds and coordinates Ghana's impact investing ecosystem. It convenes investors, SMEs, fund managers, pension funds, policymakers, and development partners through programs such as the Ci-Gaba Fund-of-Funds ($75M blended finance vehicle), Deal Source Africa digital platform, Ghana Angel Investor Network, Pensions Industry Collaborative, Enterprise Support Organisation Collaborative, and major summits. Its core activity is mobilizing domestic institutional capital (especially pension assets) for small and growing businesses in Ghana and West Africa.

Differentiator

Problem solved

Functional benefit

Brands

• Ci-Gaba: A pioneering $75 million (GHC 900 million) blended finance fund-of-funds designed to unlock domestic pension capital for SMEs and high-growth African businesses in West Africa. Managed by Savannah Impact Advisory with IIGh as fund sponsor.
• Deal Source Africa
• Ghana Angel Investor Network (GAIN)
• Pensions Industry Collaborative (PIC)
• Ghana Research and Industry Collaborative (GRIC)
• Enterprise Support Organisation Collaborative
• Ghana Impact Summit (GIS)
• Africa Impact Investing Group (AIIG)

Products and services

• Ci-Gaba Fund-of-Funds A pioneering $75 million (GHC 900 million) blended finance fund-of-funds designed to channel domestic pension assets into productive sectors for SMEs and high-growth African businesses in West Africa. Managed by Savannah Impact Advisory with IIGh as fund sponsor.
• Deal Source Africa A digital platform and program that connects high-growth African businesses to investors, transaction advisors, and impact funds, including quarterly deal rooms, Impact Fund Showcases, and curated deal flow, with English and French language support.
• Enterprise Support Organisation (ESO) Collaborative and esoghana.org platform A hosted collaborative of enterprise support organisations and the esoghana.org online platform that gives registered Ghanaian businesses access to enterprise support programs, training, and market connections.
• Ghana Angel Investor Network (GAIN) A network that supports, mobilizes, and trains emerging and existing angel investors in Ghana, providing deal flow access, workshops, and connections to early-stage investment opportunities.
• Pensions Industry Collaborative (PIC) A collaborative initiative that brings together Ghana's pension industry to unlock domestic institutional assets for alternatives and impact investment, supporting vehicles such as the Ci-Gaba Fund-of-Funds.
• Ghana Research and Industry Collaborative (GRIC) A collaborative that bridges the gap between research and industry in Ghana by supporting commercialization of research innovations and fostering collaboration among researchers, private sector, industry associations, and government.
• Africa Impact Investing Group (AIIG) A multi-country initiative launched in 2023 to drive capital for prosperity, inclusion, and measurable impact across Africa; IIGh is a member entity.
• Ghana Impact Summit (GIS) An annual high-level summit convening impact investing stakeholders in Ghana to drive action for mobilizing local capital for locally-led change. Includes ticketed registration and sponsorship opportunities.

Quantifiable outcome

• $75 million Ci-Gaba Fund-of-Funds mobilized
• +2 more outcomes

Named customers1 record

Segments5 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

Twelve partnerships are on record, tiered core and major.

• Savannah Impact Advisory (SIA)coreStrategic or Co-development Partner · 25 June 2026Savannah Impact Advisory serves as the appointed fund manager for the $75 million Ci-Gaba Fund-of-Funds. SIA is a licensed fund manager and impact advisory firm focused on fund structuring, fund management, and impact investing, with a mission to unlock domestic capital for SMEs in Africa.
• GSG ImpactcoreStrategic or Co-development PartnerIIGh is the Ghana National Partner for GSG Impact and member of the GSG Impact Partnership. GSG Impact provides access to global networks and thought partnership for impact investing.
• Africa Impact Investing Group (AIIG)coreStrategic or Co-development PartnerIIGh is a member of the Africa Impact Investing Group (AIIG), working to drive capital for prosperity, inclusion, and measurable impact across Africa.
• RDF Ghana LBGcoreOthersRDF Ghana LBG joined IIGh's community in May 2026. Established in 2016, RDF Ghana LBG is a leading impact-driven institution dedicated to expanding access to finance for MSMEs in agriculture and renewable energy. Has supported over 30,000 beneficiaries nationwide.
• Impact Investors Foundation (Nigeria)coreStrategic or Co-development PartnerPartner in co-hosting the West Africa Deal Summit with IIGh. Nigeria's equivalent National Advisory Board for Impact Investing.
• LEAP AfricamajorStrategic or Co-development PartnerPartner in organizing the West Africa Deal Summit 2024.
• Ashesi UniversitymajorStrategic or Co-development PartnerResearch partner on catalytic capital studies and joint development of the Impact Investing Ecosystem Map. Partnered on the Catalytic Capital Investment in Ghanaian SMEs report.
• Ghana Venture Capital and Private Equity Association (GVCA)majorStrategic or Co-development PartnerCommissioned joint baseline report on Venture Capital and Private Equity in Ghana to address research gap in the ecosystem.
• Deal Source AfricacoreTechnology or IntegrationDigital platform developed by IIGh to connect African businesses with investors and transaction advisors. Includes quarterly deal rooms and impact fund showcases.
• Ghana Enterprise Support Organisation Collaborative (ESO Collaborative)coreStrategic or Co-development PartnerIIGh hosts and supports the ESO Collaborative, which launched esoghana.org platform providing businesses with access to support programs.
• Ghana Angel Investor Network (GAIN)majorStrategic or Co-development PartnerIIGh supports the Ghana Angel Investor Network, connecting emerging angels with investment opportunities and providing training workshops.
• Ghana Research and Industry Collaborative (GRIC)majorStrategic or Co-development PartnerIIGh hosts GRIC, which fosters collaboration among researchers, private sector companies, industry associations, and government entities.

Scale indicators6 records

Recent moves10 records

Expansion highlights6 records

Direct peers

• Impact Investors Foundation (IIF Nigeria): Nigeria's National Advisory Board for Impact Investing and IIGh's direct counterpart; they jointly run programs such as the West Africa Deal Summit and receive coordinated FCDO/RISA Fund grants, making them the closest functional peer to IIGh in scope and model.
• Africa Impact Investing Group (AIIG): Pan-African multi-country initiative of which IIGh is a founding member; AIIG coordinates cross-border impact investing agenda across the continent, directly overlapping IIGh's convening and capital mobilization mandate.

Broad incumbents

• GSG Impact: Global umbrella National Advisory Board network; IIGh is the Ghana National Partner. GSG shapes standards and convenes international actors, serving as the global anchor for IIGh's local ecosystem-building activities.
• FSD Africa Investments: Specialist development finance vehicle that structures catalytic capital and de-risks African private investment; a financial partner in Ci-Gaba and a comparable ecosystem-shaping actor in Ghana and beyond.
• British International Investment (BII): UK development finance institution co-hosting the West Africa Deal Summit and channeling catalytic capital into African fund managers; operates at significantly larger scale but pursues the same domestic capital mobilization thesis.
• FMO (Dutch Entrepreneurial Development Bank): European DFI active in African impact investing and a grant partner to IIGh; provides Ventures and Market Creation programmes that overlap with IIGh's SME and fund-manager capacity-building work.
• Convergence Blended Finance: Global blended-finance enabler supporting structures like the Ci-Gaba Fund-of-Funds; comparable in its role as convener, data publisher, and deal-broadcaster in impact investing markets.
• Acumen: Pioneer impact investor and ecosystem builder with Pan-African presence; comparable as an impact investing thought leader and operator of patient-capital vehicles targeting SMEs in emerging markets.

Regional players

• Impact Investors Club (Kenya): East-African impact investing membership body for investors and SMEs; comparable as a regional ecosystem builder but focused on Kenya rather than Ghana and West Africa.

Others

• Ghana Venture Capital and Private Equity Association (GVCA): Ghana's VC/PE industry association; IIGh commissioned a joint baseline report with GVCA on venture capital and private equity in Ghana, making it the closest industry-body peer on the private capital side.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xtwitter.com/ImpactInvGh
• Facebookweb.facebook.com/ImpactInvGh
• LinkedInlinkedin.com/company/impact-investing-ghana

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Impact Investing Ghana