Careers Portal

Bertha Centre for Social Innovation & Entrepreneurship

Bertha Centre

Innovative Finance


Working with social finance experts from across the world, the Innovative Finance initiative partners with governments, enterprises, and investors to research, incubate and test promising social financing vehicles across Africa. Recognising the importance of education and field building, the team regularly convenes stakeholders and publishes on the topic of impact investing.

Our Work

  1. African Social Enterprise Funding Survey:
    We’re running this survey to create greater understanding of social enterprises financing needs. The results will be published and used to design future workshops, classes and publications for both social enterprises and funders. For more on the survey please click here and to complete it please click here.

  2. African Investing for Impact Barometer: 
    Launched by the Bertha Centre in 2013, The African Investing for Impact Barometer is an annual publication that provides a snapshot of the growing investing for impact market in South Africa. Past Barometers can be found here.

  3. Impact Investing in Africa Executive Education Course:
    Impact Investing in Africa is a brand new short course offered at UCT’s GSB. In this course, wealth managers, consultants, funders, lawyers and other financial intermediaries will gain an understanding of the rapidly emerging field of impact investing and its ecosystem globally, with a specific focus on Africa.
    The courses will run from February 29th to March 2nd and November 7th to 9th.
    More information on the course, can be found here.

  4. Innovative Finance Review:
    The Innovative Finance Review will be a showcase of the impact investment enterprises, funds, and vehicle innovations that the initiative has uncovered across Africa. The Review will be launched in September 2016.

  5. Pathways to Sustainability workshop programme:
    These workshops are designed to take Non Profit Organisations (NPO’s) from being donor dependent to an income generator, with a focus on financial sustainability. The workshops kick off in April 2016, and will be offered in Durban, Bloemfontein and Cape Town. For more information or to find out how to apply please visit the workshop page here.

    You can also view the brochure here

  6. Pathways to Funding ‘Do-ference’ for (Social) Entrepreneurs:
    We will be hosting our ‘Do-ference’ in September again this year. The event will take the form of two-days of workshops, one-on-one meetings and talks by successful (social) entrepreneurs around raising early-stage finance.

    It’s a ‘Do-ference’ as the focus is on practical peer-to-peer learning and actionable outcomes. The material is created and delivered for entrepreneurs by entrepreneurs with a dash of content from investors, academics, and other professionals.

    It will take place in Durban, Johannesburg and Cape Town this year.

    Watch our Pathways to Funding 'Do-ference' 2015 highlights video here.
    If you’d like find out more, please contact

  7. SAB Foundation Seed Fund:
    The SAB Foundation (SABF) has partnered with the Bertha Centre to launch the SABF Seed Fund for social innovators and entrepreneurs as part of our mission to advance change-makers. To find out  more about this funding opportunity please click here.

  8. Social Impact Bonds
    The Bertha Centre in partnership with the Western Cape Departments of Health and Social Development has been successful in securing outcomes funding for the first Impact Bond Fund to be launched in Africa.  Please click here for more information about our SIBs work.

  9. Southern African Impact Investing Network (SAIIN) Conference:
    We are proud to have been the academic partner for the Southern African Impact Investing Network 2015 conference, which was held in February and was attended by a diverse group of 150 delegates including philanthropists, development banks, asset managers and social entrepreneurs. For our review on the conference you can read our blog post here.

  10. Sustainability Mechanism Study for Civil Society Organizations (CSO):
    We are writing up strategy for the Open Society Initiative for Southern Africa (OSISA) and the Southern Africa Trust on creating sustainable funding for CSOs across the continent.

Our Partners
Our Publications
Our Team

Aunnie Patton Power is the Innovative Finance Lead at the Bertha Centre and an Associate Fellow at the University of Oxford’s Sad Business School. In these roles, she manages projects on Social Impact Bonds/Development Impact Bonds, Impact Investing and sustainable philanthropy, consults to a range of organisations including start-ups, financial intermediaries, investment funds, family offices and foundations on social investment strategies, and researches and lectures in financial modeling, social finance and impact investment. Aunnie’s work has been published throughout the world, including by the Oxford University Press, the Stanford Social Innovation Review (SSIR), the World Economic Forum, the Impact Investing Policy Collaboration. She has experience in both the mainstream and the impact-oriented venture capital and investment banking sectors in North America, the United Kingdom, Africa and Asia. She has most recently worked with Unitus Capital, BMO Capital Markets, and the Meltwater Entrepreneurial School of Technology. She has a B.A. in International Political Economy from DePauw University and an M.B.A. from the University of Oxford's Sad Business School.

Tine Henriksen is the Impact Investment Project Manager at the Bertha Centre. She has spent her time focusing on building new partnerships between the public, private and civil society sectors to deliver positive social impacts. Prior to joining the Bertha Centre, she worked as a strategy advisor to SNV Netherlands Development Organisation’s Managing Board, focusing on new business models and key trends in sustainable development. Tine also led multiple projects across Africa focused on impact investing and social enterprise acceleration as part of SNV’s Impact Investing Advisory Services. She has worked in Nigeria, Ghana and South Africa on impact investing projects in the renewable energy and agriculture sector and co-founded an online publication on impact investing in Africa. She is an Alumni of the Elumelu Professionals Programme in Nigeria and holds a M.Sc. in International Business & Politics from Copenhagen Business School and a B.A in BSc. Public Administration and Social Science.

Katusha de Villiers is a Project Manager within the Innovative Finance Initiative at the Bertha Centre supporting the work of the impact investment and impact bond teams on projects across a variety of sectors, particularly within healthcare. Katusha previously worked with the Healthcare Innovation Initiative at the Bertha Centre. Prior to joining the Bertha Centre, Katusha worked with Surgical Directions, a boutique preoperative healthcare consultancy based in Chicago, IL, and with PricewaterhouseCoopers, as part of the Chicago Health Advisory practice working on multiple payer, provider, and pharma/life sciences projects across the American healthcare system. Katusha has  JD from the University of Kentucky Law School and a Masters in Health Service Administration from Xavier University. She is Lean Six Sigma certified from Villanova University, and holds a certificate in Project Management from DePaul University.

Susan de Witt is the Impact Bond Project Manager at the Bertha Centre. She is part of the team working closely with National Treasury in South Africa to understand the regulatory implications of the instrument as well as, with specific provincial and municipal line departments to design outcomes based funds and single transaction models. Those projects are in the areas of early childhood development, after school care, workforce development, job creation and health. Prior to this she worked with the Social Investment and Finance Team in the UK Cabinet Office engaging with Social Impact Bonds specifically and social investment policy more broadly. She has worked as a veterinary surgeon in both the public and private sector, in South Africa and abroad and holds an MBA from the UCT Graduate School of Business and a BVSc from the University of Pretoria.

Thato Bereng is a Project Manager within the Innovative Finance Initiative at the Bertha Centre supporting the work of the Impact Investment and Impact Bond teams on projects across a variety of sectors, particularly within higher education. Prior to joining the Bertha Centre, Thato was a Project and Proposal Manager at Kay Ann Consulting and Advisory. Thato began her career in investment banking in the Treasury and Specialised Finance team at Investec, then moved on to RMB Morgan Stanley and lastly Mazi Visio Capital Management as a Product and Business Development specialist. Thato holds a postgraduate degree in Development Economics from Wits University and an Economics undergraduate from the University of Cape Town.

Barry Panulo is the Senior Data Analyst within the Innovative Finance Initiative at the Bertha Centre for Social Innovation and Entrepreneurship. Barry is active in our work designing innovative financing mechanisms and is involved in a range of research, model development and advisory activities for impact bond development projects in areas including education, workforce development and health care. He is a University of Cape Town alumnus and holds an undergraduate degree in Finance and a Masters degree in Investment Management from that institution.

Bame Modungwa is the Impact Investment Intern at the Bertha Centre under the Innovative Finance Initiative. She is a student passionate about the development of African economies. Born and bred in Gaborone, Botswana, she is currently studying towards a Master of Commerce, specializing in Economic Development at UCT, where she previously attained her undergraduate and honours degrees in Politics, Philosophy and Economics (PPE). Once she completes her studies, Bame looks to work in policy creation as she is driven to find solutions to Africa’s economic growth challenges. Bame is an alumnus of the Brightest Young Minds program and is a founding member of a young women’s association called Minds For Tomorrow, which seeks to help Batswana youth chart their path to personal development.

Stephanie Craig is the Impact Bond Intern at the Bertha Centre. She is currently completing her Masters in Economic Development at the University of Cape Town. She graduated with a Business Science degree in 2013, specialising in Economics and Law, and is a member of the Golden Key International Honour Society. Her interest in systems thinking and structural change in Africa has led to her thesis assessing the impact of the municipal auditing system on service delivery metrics. Stephanie has held leadership positions on various student committee bodies, including InvestSoc, the UCT Commerce Students’ Council and the UCT Law Students’ Council. In addition to a Best Practices Research internship at Frost & Sullivan, Stephanie has acted as a teaching assistant for several economic courses at UCT. Given her love for travel and desire to create global sustainable change, she hopes to enjoy a meaningful and impactful career in the international development space.

If you’d like to join our journey you can contact us

The initiative can be reached via its direct email address, or to subscribe to our Innovative Finance newsletter, please email:

For specific questions on the Impact Investing in Africa Executive Education short course, please contact Aunnie Patton on

For specific questions on Social Impact Bonds please contact Susan de Witt on

For specific questions about our Pathways to Finance ‘Do-ference’ or the ASEF survey please contact

For specific questions about the SAB Foundation Seed Fund, please contact