Omni Retail Technologies and Raising Star Foundation were among the winners at the 8th Annual Convening on Impact Investing (ACII) awards organised by the Impact Investors Foundation (IIF).

Advertisement

The two-day event, which recognised businesses, investors, and non-profit organisations driving positive impact in the country while balancing profit with purpose, wrapped up with an awards dinner held on Thursday at the Civic Centre, Victoria Island, Lagos.

The award organisers revealed that winners were chosen based on how well they integrated social and environmental values into their business or investment strategies.

They added that nominees underwent a thorough screening process, where professionals in the field reviewed submitted documents to verify their impact strategies and results.

Advertisement

After the review, 13 nominees were shortlisted for the final evaluation by the judges.

The winners were selected based on key criteria, including impact, sustainability, innovation, scalability, and financial performance.

The organisers added that beyond celebration, the awards aim to highlight measurable social and environmental impact while inspiring others to embrace inclusive, impact-driven strategies.

Advertisement

Omni Retail Technologies won the Social Enterprise Category, while Alitheia Capital Management took home the award in the Impact Investor Category.

Raising Star Foundation received the Innocent C. Chukwuma Award for Social Impact, created in honour of the late Innocent C. Chukwuma’s legacy in advancing social justice.

Speaking at the event, Etemore Glover, CEO of the Impact Investors Foundation, said the awards celebrate businesses proving that profit and purpose can thrive together for Nigeria’s sustainable growth.

She added that spotlighting these trailblazers would inspire more investors and entrepreneurs to integrate social and environmental impact into their businesses.

Advertisement

“Tonight, we don’t just hand out trophies; we celebrate proof points. The achievements of Omni Retail Technologies, Alitheia Capital Management, and the incredible work of Raising Star Foundation, confirm that purpose-driven capital is not a niche—it is the indispensable strategy for Nigeria’s sustainable development,” she said.

“By shining a light on these trailblazers, we inspire thousands more investors and entrepreneurs to embed social and environmental impact into their core business model.”



Copyright 2025 TheCable. All rights reserved. This material, and other digital content on this website, may not be reproduced, published, broadcast, rewritten or redistributed in whole or in part without prior express written permission from TheCable.

Follow us on twitter @Thecablestyle