Nairobi is set to host this year’s edition of the Africa Shared Value Summit whose agenda involves raising awareness and advocating for the success of the strategic implementation of the Shared Value business model – profit with purpose – in Africa.
The summit, which is sponsored by Safaricom, Old Mutual and the World Food Programme, is slated for the 23rd and 24th of May 2019 at Radisson Blu Hotel and according to Tiekie Barnard, the Chief Executive Officer (CEO) and Co-founder of the Shared Value Africa Initiative (SVAI), the summit will offer a platform for business leaders, entrepreneurs and government officials to deliberate on how businesses can positively affect and change society without foregoing profit.
“Purpose has to become central to a business’s core strategy in order to create true change. In order to position yourself as a market leader and gain true growth, specialisation of a new kind is required, such as finding new ways of doing things that will be more ethical and less harmful to the environment while ensuring that current and future employees are able to deliver at their best,” Mr. Barnard said in an official statement.
Mr. Barnard proceeded to explain that the first day of the summit will focus on shared value in healthcare and food security while the second day will be centered on talks and panel discussions on energy and manufacturing.
Among the keynote speakers in this year’s summit is American Co-author of the seminal Harvard Business Review article ‘Creating Shared Value’ and a Director of the US-based Shared Value Initiative, Mark Kramer. Kramer is an economist by training and a Shared Value pioneer who has authored various influential publications on collective impact, impact investing, and more, including co-authorship of several foundational Shared Value articles.
Other speakers will include members of the SVAI Africa Council, Safaricom CEO Robert Collymore and Managing Director for the Rockefeller Foundation Africa Regional Office, Mamadou Biteye.