Measuring Value Beyond Capital

Through our Social Return on Investment (SROI) framework, we evaluate how capital mobilisation, sector platforms, and institutional partnerships translate into measurable economic and social value.

Our latest analysis indicates an average SROI ratio of approximately 3.9:1, meaning every unit of capital mobilised through NCDF initiatives generates nearly four units of broader social and economic value.

Impact by Design

Unlike traditional investment models that focus solely on financial returns, the NCDF ecosystem is built to deliver dual outcomes:

  • Financial sustainability
  • easurable development impact

Our ecosystem connects:

  • Institutional capital platforms
  • Development finance structures
  • Sector operating platforms
  • Enterprise and innovation programmes
  • Human capital development initiatives

This integrated architecture ensures that investments are aligned with real economic and social outcomes.

Impact Across Priority Sectors

Housing and Community Development

The Diaspora Affordable Housing Programme is one of the most visible initiatives within the NCDF ecosystem.

The programme includes the development of 5,000 homes across 12 Nigerian states, creating both housing access and economic opportunities through construction activity and local infrastructure development.

Through healthcare platforms and partnerships, NCDF supports expanded access to health services and community health infrastructure.

Impact indicators include healthcare access, service capacity, and improved community wellbeing.

NCDF initiatives in education aim to strengthen national capability through:

  • School transformation programmes
  • Youth entrepreneurship platforms
  • Innovation and skills development initiatives

NCDF supports startups and SMEs through investment platforms, mentorship networks, and innovation programmes designed to strengthen economic participation.

Diaspora investors and professionals participate through:

  • The Diaspora Impact Fund
  • Housing investment programmes
  • Enterprise development initiatives

This connects global expertise and capital to local development.

Why Impact Measurement Matters

For NCDF Group, impact measurement serves three strategic purposes:

Accountability

Institutional Learning

Investor Confidence

Building a Long-Term Impact Platform

NCDF continues to strengthen its impact measurement systems by aligning with global best practices used by development finance institutions and institutional investors.

This includes:

  • Improved data systems
  • Ecosystem-wide reporting standards
  • Sector impact dashboards
  • Enhanced evaluation frameworks

These improvements will support more comprehensive impact reporting over time.

Measuring What Matters

Impact is not only about how much capital is deployed.
It is about how effectively that capital improves lives and strengthens economies.