The annual Africa Shared Value Summit has been scheduled to hold in Nairobi, Kenya on Thursday, May 23 through Friday, May 24, 2019, at the Radission Blu Hotel.

Sponsored by Safaricom, Old Mutual and the World Food Programme, the Africa Shared Value Summit is a meeting of like-minds–where business leaders, entrepreneurs from both the private and public sectors, representatives from governments, academia and civil society discuss ways in which businesses can use their power and influence to affect real change, externally sacrificing profit.

Among the keynote speakers, this year are American Co-Author of the seminal HarvardNA Business Review article ‘Creating Shared Value’, Co-Founder and Managing Director of FSG, 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.

“Purpose has to become central to a business 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, as well as reaching underserved populations while ensuring that current and future employees are able to deliver at their best,” says Tiekie Barnard, CEO and Co-Founder of the Shared Value Africa Initiative (SVAI).

Africa Shared Value Summit raises awareness and advocates for the success of the strategic implementation of a shared value business model – profit with purpose – in Africa. The two-day discussions at the 2019 Summit will be focused on the importance of Shared Value ecosystems in driving Africa’s business growth.

Healthcare and food security would be addressed on day one, while the second day will feature speakers and panel discussions exploring Shared Value in the energy and manufacturing industries.

“Businesses do not operate in a vacuum, and as entrepreneurs and human beings, we have a moral obligation to take on the challenges facing our continent and its population. Embracing Shared Value is the key to long-term sustainability, enabling businesses to survive and thrive in a changing business climate,” says Cindy Langeveld, Co-Founder & Director of the Shared Value Africa Initiative.

Other speakers for the events include members of the SVAI Africa Council, Safaricom’s CEO Robert “Bob” Collymore and Managing Director for Rockefeller Foundation Africa regional office, Mamadou Biteye.

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