DGGF CONFERENCE

Closing the SME Finance Gap

Empowering Youth & Women Entrepreneurs in Frontier Markets


1 October 2019 • Amsterdam

Agenda : Tuesday 1st October 2019

08.30: Registration & Morning coffee

09.30 – 17.15: Conference

17.15 – 20.00: Cocktail reception, jointly hosted with the Global Impact Investment Network (GIIN)

08.30 Registration & Morning coffee


09.30 Dutch Good Growth Fund (DGGF) Financing Local SMEs – Introduction of the consortium

Introduction: Master of Ceremony, Yvonne Ndege

Speaker: Steven Evers, Managing Director, Triple Jump


09.45 Welcome address

By Steven Collet, Director of the Sustainable Economic Development Department, Ministry of Foreign Affairs of the Netherlands


09.50 Keynote Address

How Investing in Local (Youth and Women-led) Enterprises May Foster Economic Growth in Frontier Markets?

Speaker: Vicki Saunders, Founder, SheEO


10.00 Opening Panel

Investing in Empowering Youth and Female Entrepreneurs in Frontier Markets: What Works?

This high-level panel discussion will explore the role of investment and relevant stakeholders in empowering entrepreneurs in frontier markets, with a particular focus on young and female entrepreneurs. The conversation will focus on the models and experiences that have shown impact, and mistakes to avoid.

Moderator: Vicki Saunders, SheEO

Speakers: Clemens Gerteiser, Triple Jump/DGGF • Taoufiq Lahrach, CCG Morocco • Jeffrey Liebert, Gazelle Finance • Candide Leguede, Innov'Up Togo • Wendy Teleki, World Bank

Reference material:

DGGF - Financing Local SMEs - impact report 'Five years of enabling entrepreneurship in frontier markets', DGGF, 2019


11.15 Coffee break


11.45 Three parallel sessions on impact-related topics.

1. Advancing youth entrepreneurship: innovations in early-stage finance

Moderator: Andreas Zeller, Open Capital Advisors (OCA)

Speakers: Allie Burns, Village Capital • Fatoumata Ba, Janngo Capital • Hitoshi Ikeya, EME Myanmar/Ikeya Capital • Ritu Verma, Ankur Capital • Namek Zu’bi, Silicon Badia


Reference material:

Scaling access to finance for early-stage Enterprises in Emerging Markets: Lessons from the Field, DGGF, 2019

Alternative Investment Strategies to Drive Inclusive Innovation, Village Capital, 2019


2. Promoting female entrepreneurship: gender lens investing practical applications

Moderator: Heather Mae Kipnis, IFC

Speakers: Santiago Alvarez, Acumen/ALEG • Neveen Al-shawabkeh, Al-Mueen Marketing & distribution, Jordan • Ashraf Esmael, Grofin • Khadidiatou Nakoulima, NEST Senegal


Reference material:

Moving toward gender balance in private equity and venture capital, IFC, 2019

Serving the financial needs of women-owned businesses in emerging markets: Perspectives from the DGGF Portfolio, DGGF, 2019


3. Facilitating entrepreneurship in fragile states: venture building and patient capital

Moderator: Jake Cusack, CrossBoundary

Speakers: Joseph Crayton, Gemini Capital Partners, Liberia • Felix von Schubert, InFrontier, Afghanistan • Hussein Nasser Eddin, RedCrow, Palestinian Territories

Reference material:

IFC SME Ventures: Investing in Private Equity in Sub-Saharan African Fragile and Conflict-Affected Situations, IFC, 2019


13.00 Lunch break


14.00 Three parallel sessions on building diversified financial ecosystems. If solutions have been identified, how do we go about scaling this diversified offer?

1. Serving small businesses through digital finance

Moderator: Jake Kendall, DFS Lab/Caribou Digital

Speakers: Ahmed Moor, Liwwa • Hedwig Siewertsen, AGRA • Samir Bhatia, SMEcorner(TBC)

Reference material:

Demistifying Digital Lending Series, Accion Venture Lab, 2018


2. Financing local businesses via risk reduction strategies

Moderator: Kusi Hornberger, Dalberg Advisors

Speakers: Guido Boysen, Grofin • Roeland Donckers, iungo capital • Jeffrey Liebert, Gazelle Finance

Reference material:

New Perspectives on Financing Small Cap SME's in Emerging Markets, DGGF, 2016


3. Nurturing the next generation of fund managers

Moderator: Sara Taylor, CDC

Speakers: Sasja Bosch, ESG Officer, PwC Netherlands • Chai Musoni, Vakayi Capital • Polo Leteka, Alitheia IDF • Ralitsa Rizvanolli, Triple Jump/DGGF • Ritu Verma, Ankur Capital


4. Building investment ready businesses via incubation and acceleration

Moderator: Rachel Crawford, Village Capital

Speakers: Ambar Amleh, Ibtikar Fund • Amine Al-Hazzaz, H7 Morocco • Roufahi Koabo, CIPMEN Niger • Misbah Naqvi, i2i Ventures Pakistan


Reference material:

Scaling access to finance for early-stage Enterprises in Emerging Markets: Lessons from the Field, DGGF, 2019

Alternative Investment Strategies to Drive Inclusive Innovation, Village Capital, 2019


15.00 Coffee Break


15.35 How can finance empower the economies of the agri ecosystem?

Interview with Krishna Kumar, Founder of Cropin, India


15.50 Closing Panel

Closing the SME Finance Gap: What's Next?

This session will build on the outcomes of the last 3 breakout sessions, including the quick recap of the breakouts.

The closing panel will bring us to the main question of how to further scale up the SME finance offering, and ultimately close the remaining finance gaps. Expected topics to be covered include: the expected development impact by scaling up SME finance in frontier markets and the possible roles government/public institutions, institutional investors, and commercial players can play in addressing the needs and deploying strategies.

Moderator: Yvonne Ndege

Introduction: Harvey Koh, FSG

Speakers: Idsert Boersma, FMO • Laura Hemrika, Credit Suisse • Saskia Jongma, Ministry of Foreign Affairs of the Netherlands • Chris Jurgens, Omidyar Network/Catalytic Capital Consortium • Marnix Mulder, Triple Jump/DGGF

Reference material:

The Missing Middles - Segmenting Enterprises to Better Understand Their Financial Needs, DGGF and Omydiar Network, 2018

From blueprint to scale FSG, 2012

Beyond the Pioneer FSG, 2014


17.00 Closing remarks


17.15 – 20.00 Cocktail reception & networking

Cocktail reception jointly hosted with the Global Impact Investment Network (GIIN)

18.00 Address by Amit Bouri, CEO of GIIN & Anton Koonstra, Partner, PwC Netherlands