news
IFRS Adoption: A Game Changer for SMEs Seeking Global Investment

IFRS Adoption Critical to Unlocking Global Impact Investments for SMEs in Nigeria and Ghana
Despite a global impact investment pool exceeding $1.16 trillion, as reported by the UK-based Impact Investing Institute, small and medium-sized enterprises (SMEs) in Nigeria and Ghana continue to face significant barriers in accessing these vital funds. This missed opportunity has prompted stakeholders to urge both public and private sector players to take decisive steps toward developing more investment-ready businesses.
At a high-level roundtable held in Lagos, Nigeria—part of the 2025 Africa Impact Summit Study Tour and hosted by the Impact Investors Foundation Nigeria (IIF)—key stakeholders from across Africa and beyond gathered to explore trade and investment opportunities, relevant policies, and strategies for strengthening the continent’s impact investment landscape.
Transparency and Global Standards Key to Accessing Capital
A recurring theme among experts at the event was the critical importance of financial transparency and alignment with global standards—particularly the International Financial Reporting Standards (IFRS). The lack of adherence to such standards and the scarcity of investment-ready SMEs were identified as major constraints preventing Nigerian businesses from securing international funding.
Ms. Etemore Glover, CEO of IIF, emphasized the urgency of building capacity among local enterprises. “By 2030, IFRS compliance won’t be optional—it will be mandatory. Enterprise Support Providers must begin preparing businesses now for this shift,” she said.
Glover also highlighted the transformative potential of domestic pension funds in bridging the SME financing gap. “These funds represent a substantial source of patient capital. When strategically directed, they could revolutionize SME financing and fuel sustainable economic growth,” she added.
Strengthening Africa’s Investment Ecosystem
Ms. Tenemba Anna Samaké, CEO of MBC Africa and founder of Subiz Cooperative Credit Union, echoed the call for robust efforts to bolster Africa’s impact investment ecosystem. She advocated for strengthening local financial institutions, fostering innovation, and unlocking new sources of capital—particularly for rural entrepreneurs.
During a fireside chat, Elizabeth Boggs Davidsen, CEO of GSG Impact, shared her organization’s efforts to expand its global reach. She announced GSG’s collaboration with the Japanese government to develop impact investment ecosystems in six African countries: Ghana, Côte d’Ivoire, Senegal, Ethiopia, Zambia, and Burkina Faso.
“Our mission is to dismantle the barriers to impact investing, build inclusive financial systems, and create sustainable opportunities for SMEs,” she said, noting GSG’s continued commitment to supporting Nigeria and other African nations in building the infrastructure and incentives needed to attract impact capital.
GSG Impact’s Market Development Manager, Atieno Otonglo, reinforced the need to mobilize large-scale capital to drive meaningful development across the continent. She stressed the importance of innovative investment structures and increased regional collaboration.
Innovative Financing and Standardized Measurement Tools
Ibukun Awosika, Vice Chair of the Global Steering Group for Impact Investment, urged enterprise support organizations to move beyond traditional funding models. “To achieve sustainable development goals, we must adopt creative financing approaches that appeal to a broader spectrum of investors committed to real impact,” she advised.
Frank Aigbogun, Chair of IIF’s Board of Trustees and Publisher of BusinessDay, added that standardized frameworks for measuring impact are essential to scale up investment across Africa.
Throughout the roundtable, participants consistently identified transparency, robust impact measurement systems, and blended finance strategies as crucial elements in unlocking the full potential of impact capital on the continent.
Looking Ahead: Africa Impact Summit 2025
The main event, the 2025 Africa Impact Summit, will take place from June 11 to 13 at the Kempinski Hotel in Accra, Ghana. With the theme “Transforming Systems: Redefining Impact for Real Change in Africa,” the summit is being organized in partnership with Impact Investing Ghana, Impact Investors Foundation Nigeria, and the Africa Impact Investing Group.
The summit aims to accelerate regional collaboration and deepen dialogue around the future of impact investing in Africa. It will convene national partners and task forces from Ghana, Nigeria, South Africa, Zambia, Kenya, Egypt, Senegal, Côte d’Ivoire, Mauritius, and Burkina Faso, under the leadership of GSG Impact.
jobs
We’re Hiring: Video Editor (Remote – Internship/Stipend Role)

Location: Remote
Stipend: ₦50,000 Monthly
Role Overview:
We’re looking for a creative and motivated Video Editor to join our dynamic team! If you’re passionate about social media, storytelling through visuals, and creating short-form content that captures attention, we want to hear from you.
Key Responsibilities:
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Edit engaging short-form videos tailored for various social media platforms.
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Collaborate with the creative team to bring concepts to life through compelling visuals.
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Ensure all videos are consistent with our brand identity and maintain a polished, on-trend aesthetic.
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Stay updated with the latest trends in video editing, social media algorithms, and platform requirements to keep content fresh and relevant.
Requirements:
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Proven experience in social media video editing — portfolio required.
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Proficiency in tools such as Adobe Premiere Pro, DaVinci Resolve, Final Cut Pro, CapCut, InShot, or similar software.
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Strong storytelling skills, attention to detail, and a creative mindset.
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Willingness to learn and grow in a fast-paced agency environment.
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Ideal for students or recent graduates looking to kickstart their creative career.
How to Apply:
Send your CV, cover letter, and a link to your video editing portfolio to:
[email protected]
Subject Line: Video Editor Application
news
Apply Now: Unilever 2025 SHE Internship Program for Emerging Professionals

Kickstart Your Career in Safety, Health & Environment: Apply for the 2025 Unilever SHE Internship Program
Are you a recent graduate with a passion for safety, health, and environmental sustainability? Unilever, a global leader in consumer goods, invites aspiring professionals to apply for its 2025 SHE (Safety, Health & Environment) Internship Programme at the Anderbolt Factory in Boksburg, Gauteng.
This internship offers a unique opportunity to gain hands-on experience within a global company dedicated to creating safer workplaces and a more sustainable world. Interns will work alongside seasoned professionals and contribute to Unilever’s commitment to world-class SHE practices.
About the Program
The Unilever SHE Internship is designed to equip young South African graduates with practical skills and industry insight. Interns will support and learn from experienced teams involved in ensuring workplace safety, promoting health, and driving environmental compliance in a dynamic manufacturing environment.
Location: Anderbolt Factory, Boksburg, Gauteng
Duration: Full-time internship (duration unspecified)
Who Should Apply?
The program is ideal for recent graduates who hold a degree or diploma in any of the following fields:
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Safety Management
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Occupational Health
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Environmental Management
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Environmental or Life Sciences
You should also be:
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Passionate about sustainability and SHE practices
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Ready to work in a fast-paced industrial setting
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Committed to making a positive impact on people and the planet
What You’ll Gain
Interns will benefit from:
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Exposure to global SHE standards and practices
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Participation in SHE audits, incident investigations, and risk assessments
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Involvement in the development and execution of safety and sustainability programs
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Real-time reporting and analysis of environmental performance metrics
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Mentorship from industry leaders in one of Unilever’s key manufacturing facilities
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A collaborative work environment focused on achieving a zero-harm culture
This is a fantastic chance to begin a meaningful career with a company that values innovation, safety, and social responsibility.
Ready to take the first step toward your SHE career?
[Click HERE to Apply]
jobs
2025/2026 Pharmacist Internship Program

Location: Lagos & Abuja
Organization: Vastovers Group
Eligibility Criteria:
Are you a passionate and forward-thinking pharmacy graduate looking to build a strong foundation for your career? The Vastovers Group invites qualified candidates to apply for its Pharmacist Internship Program for the 2025/2026 cycle.
Applicants must:
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Possess a valid Pharmacist Oath-Taking Certificate issued by the Pharmacists Council of Nigeria (PCN)
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Be teachable, with a willingness to learn and grow in a dynamic environment
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Demonstrate an entrepreneurial mindset and a proactive approach to professional development (added advantage)
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Be prepared to participate in a screening process; only successful candidates will be admitted into the academy
How to Apply:
Submit your CV via email to:
[email protected]
Use the subject line:
“Pharmacist Internship Program Application”
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