LinkedIn Profile: Ms. Thelma Ekiyor-Solanke
Episode Summary
In this episode, we dive into the Nigeria Office for Philanthropy & Impact Investing (NPO) with distinguished panel members Ms. Thelma Ekiyor-Solanke, Ms. Ayodele Olojede, Ms. Elizabeth Oguegbu, and Mr. Tola Adekunle-Johnson. They share insights into the NPO's objectives, strategies, and initiatives aimed at fostering job creation and economic growth in Nigeria.
Key Questions and Topics Discussed
Introductions
- Ms. Thelma Ekiyor-Solanke: Chairperson of the NPO, providing a brief overview of her role and background.
Ms. Ayodele Olojede: Representative from Wema Bank and NPO Implementing Committee member, sharing her expertise and involvement.Ms. Elizabeth Oguegbu: Representative from Access Bank and NPO Implementing Committee member, introducing her role and contributions.Background and History of NPO
- The origin and evolution of the Nigeria Office for Philanthropy & Impact Investing.
The role and significance of the NPO in Nigeria's economic landscape.Coordination with Public Office
- How the NPO collaborates with the Vice President's office to streamline efforts.
The integration of public and private sector initiatives.Organizational Goals and Strategies
- Primary objectives of the NPO and the strategies in place to achieve them.
Key focus areas and intended outcomes.Pipeline of Companies and Resource Needs
- Developing a robust pipeline of companies.
Resources and support required to scale up job creation efforts.50% Allocation to Women Recipients
- Definition and criteria for women recipients (founders, co-founders, advisors).
Long-term goals and impacts of this allocation criterion.Grants and Requirements
- Conditions and potential matching investment requirements tied to grants.
Efficiency in deploying grants to ensure timely job creation.Sector Focus and Decision Process
- Specific sectors targeted for capital deployment.
Rationale behind the selection of these sectors.Potential for Model Replication
- Possibilities of other African countries adopting a similar model.
Expected outcomes and benefits for the broader African continent.Investor Partnerships
- Opportunities for Silicon Valley investors to partner with and invest in the NPO initiative.
Ways to foster collaboration and mutual growth.Growth and Expansion Strategies
- Plans for companies to expand into new markets.
Strategies for growth and international expansion.Governance and Utilization of Funds
- Assurance mechanisms for proper utilization of grant money.
Governance structures tied to financial assistance.Funding Application Process
- Information companies need to provide to secure funding.
Criteria and eligibility requirements for applicants.Beyond Financial Assistance
- Additional support provided to companies beyond funding.
Resources and mentorship available to aid business growth.Role of Technology and Innovation
- Importance of technology and innovation in the NPO's investment strategy.
Future trends and opportunities.