Community accountability mechanisms are one of the key components of transformative investments, as explored in previous TFIN presentations on how to bake accountability and stakeholder governance into the investment process.
In this webinar, we examine a new tool for impact input and verification via feedback channels being implemented in Africa. Nigeria-based Sela is a distributed technology platform that connects stakeholders to increase transparency and trust in an impact process.
While we are generally skeptical of technology-based solutions, Sela’s origins are deeply rooted in specific communities in the Niger Delta region that have been devastated by reckless oil development in recent decades, and members of these communities continue to be critical collaborators with Sela is building out and testing the technological tools. Jess Rimington and Joanna Cea speak to Sela’s collaborative approach with its stakeholders in the context of their research on how co-creation can lead to transformative impact. Watch a short video with more information on Sela.
We then hear from Sela’s founder and CEO Chi Nnadi on how the platform can support the practice of private investors committed to transformative finance principles, with remarks from investors Delilah Rothenberg and Cynthia Jaggi who are part of a “Co-Learning Team” engaging with Sela to define the company’s next steps.
