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2023 Impact
AMI’s ANNUAL IMPACT OVERVIEW
In 2023, AMI reached over 3,700 businesses through our
programmes. SMEs in our business growth programmes
averaged an 18% annual growth rate and created on average
one new job every year. Almost 40% of these SMEs accessed
finance. Overall, our programmes had an impact on an
estimated 221,669 livelihoods. Critically, this impact was
delivered more cost effectively than ever before.
Youth and Women-Owned Businesses
This year's youth and gender data is remarkable,
with women-owned businesses accounting for more
than half of those supported, and women and young
people outpacing men for the first time on almost
every growth metric.
High Return on Investment
Businesses generated $48 in revenue for every $1
invested in an AMI programme, with an estimated
25% of that going direct to employee incomes (x12
livelihood RoI), That's sector-leading impact and
cost efficiency.
We also see our top performers generating outsized
impact, emerging as Africa's future business
champions.
Would this growth have happened without AMI's
support? We're running an RCT to test for that. But
meanwhile, 88% of entrepreneurs say they either
would not or may not have achieved this growth
without AMI's support.
Entrepreneur Approved