Our Staff Writers and Editors offer insights on the latest news, events, interviews and other happenings from the development through enterprise and base of the pyramid universes
Friday, January 23, 2015 — South Asia

Choosing an Investment Model for India’s Medical Devices Industry

Source: India Briefing

This year, India’s medical devices industry will be opened up to 100 percent foreign direct investment (FDI). The move had been in the works for some time – India’s union cabinet met last year to discuss the reform, while the industry’s regulatory framework has been tweaked several times since it was first introduced in 2005.
Thursday, January 22, 2015 — No Region Specified

PRESS RELEASE: National Advisory Board on Impact Investing Names Darren Walker As New Chair

Source: SYS-CON Media

Today the U.S. National Advisory Board on Impact Investing (NAB) named Darren Walker, President of the Ford Foundation, as the new Chair, joining the leadership team that includes Matt Bannick, Managing Partner at Omidyar Network, and Tracy Palandjian, CEO of Social Finance US.
Thursday, January 22, 2015 — No Region Specified

Canadian Responsible Investments Surpass $1 Trillion Says 2014 Trends Report

Source: The Globe and Mail

The value of Canadian investments managed under “responsible investing” criteria climbed dramatically over two years as money managers increasingly added environmental, social or governance factors to their investment decisions.
Wednesday, January 21, 2015 — No Region Specified

Islamic Development Bank Approves Close to US $190 Million in New Development Financings

Source: Zawya

The 302nd meeting of the Board of Executive Directors of the Islamic Development Bank ( IDB ) which started on Sunday, 18 January, 2015, concluded on Tuesday in Jeddah, KSA. Chaired by IDB President Dr. Ahmad Mohamed Ali, the Board reviewed a number of important items amongst them the draft agenda for the upcoming 40th Annual Meeting of the IDB Board of Governors slated for 10-11 June 2015 in Maputo, Mozambique, which is to be attended by Ministers of Finance and Economy of the 56 member countries. The members of the Board also approved US $ 189.4 million worth of new financings for a number of development projects covering important sectors in several member countries as well as a number of Muslim communities in non-member countries.
Wednesday, January 21, 2015 — South Asia

World Bank to Commit $1 Billion to “Clean India” Program

Source: The Economic Times

World Bank today said it will commit USD 1 billion in the government's Swachh Bharat (Clean India) campaign. World Bank's country director in India Onno Ruhl said the World Bank is considering considerable large sums of financing for that.
Tuesday, January 20, 2015 — No Region Specified

Pooling Public-Private Partnership Best Practices

Source: Devex

Government leaders today have recognized the need to engage the private sector in development. While in the past, federal agencies supplied the majority of funding going toward developing countries, that percentage has continued to decrease over time — it is now down to around 9 percent. With 91 percent of global development funding now provided by nongovernment sources, the private sector has become a major player in the global development effort, and it is becoming increasingly important to find common objectives that garner their investment.
Tuesday, January 20, 2015 — South Asia

Villgro Launches Rs 20-Crore Incubation Fund

Source: The Economic Times

Impact investment firm Villgro has announced a Rs 20-crore fund targeted at incubating education startups.
Monday, January 19, 2015 — South Asia

Launch of DBS-NUS Social Venture Challenge Asia 2015


Into its second year, the DBS-NUS Social Venture Challenge Asia (SVC Asia) is offering SGD 150,000 of seed fund to the winners of the challenge, in commemoration of Singapore’s 50th year of independence. The increased funding, from last year’s SGD 55,000, also encourages participants to submit ideas that demonstrate greater scalability and potential for sustainable social impact.
Monday, January 19, 2015 — Europe & Eurasia

Johnson Gets €100m From Europe's IMI to Accelerate Ebola Vaccine Development

Source: Pharmaceutical Business Review

Johnson & Johnson (JNJ) through a consortium, which includes research institutions and non-government organizations, is set to receive around €100m ($115m) from Europe's Innovative Medicines Initiative (IMI) to speed up the development of its Ebola vaccine regimen.
Monday, January 19, 2015 — No Region Specified

The Secret Sauce Behind 12 Successful Impact Investment Funds

Source: Forbes

What makes a successful impact investment fund successful? Where’s the secret sauce? That’s what Cathy Clark, Ben Thornley and Jed Emerson set out to discover. Their new book The Impact Investor : Lessons in Leadership and Strategy for Collaborative Capitalism (Jossey-Bass, Oct, 2014) contains the results of their two years of research, with insights gained from studying 12 long-standing funds with a clear track record that, in total, have raised more than $1.3 billion in impact capital.
Monday, January 19, 2015 — North Africa and Near East

Social Investor, Social Activists and Social Ventures Talk Back: What's Happening in MENA?

Source: Entrepreneur

In analyzing the capital flow for social enterprises, the picture behind this reality around the world adjusts depending on what region you go to. In the western markets such as the U.S. or Europe, capital structures are becoming more inclusive for social enterprises. But what’s happening in regions such as MENA?
Friday, January 16, 2015 — Sub-Saharan Africa

Accion Microfinance Bank Attains National MFB Status in Nigeria, Gives Out N32bn Loans

Source: Thisday Live

Accion Microfinance Bank Limited has upgraded to the category of a national microfinance bank (MFB). By this development, the bank said, it has surpassed the Central Bank of Nigeria (CBN) requirements for a national MFB.
Friday, January 16, 2015 — South Asia

Interview: Why India Is At the Hawk Eyes of All Investors, Explains Eric Savage

Source: One India

Eric Savage is a Duke and Harvard-educated American investment banker who chose to leave a high-flying career with Citigroup in Hong Kong to come to Bengaluru in 2008. Here he launched Unitus Capital, a firm that specializes in helping social enterprises to raise funds. Social enterprises apply market approaches to address societal challenges.
Thursday, January 15, 2015 — No Region Specified

OPINION: Responsible Investors Needed in Weak Microfinance Markets

Source: Forbes

Four years have passed since the launch of the Principles for Investors in Inclusive Finance, a compact signed by 40 global investors in the Netherlands. The introduction to these principles states:
Thursday, January 15, 2015 — Europe & Eurasia

Britain's CDC Invests $48 Million in Narayana Hrudayalaya

Source: The Economic Times

British government-owned development finance institution CDC has invested $48 million in Bengaluru-based Narayana Hrudayalaya hospital chains for a minority share.
Wednesday, January 14, 2015 — Latin America

Absolute Portfolio Management Invests $8.5m in Microfinance Institutions in Cambodia, Costa Rica, Ecuador, Peru

Source: MicroCapital

Absolute Portfolio Management (APM), an arm of Austria-based asset management group C-Quadrat, recently informed MicroCapital that it disbursed credits totaling the approximate equivalent of USD 8.5 million from its two Vision Microfinance funds, the Dual Return Fund-Vision Microfinance and the Dual Return Fund-Vision Microfinance Local Currency, to unspecified microfinance institutions (MFIs) in Cambodia, Costa Rica, Ecuador and Peru.
Wednesday, January 14, 2015 — No Region Specified

PRESS RELEASE: Global Impact Investing Network (GIIN) Names Amit Bouri as New CEO

Source: The GIIN

New leadership seeks to usher in next phase of stakeholder mobilization and market innovation to mature the impact investing industry
Wednesday, January 14, 2015 — Asia Pacific

Asian Development Bank Commits to $1.5b in Loans for Indonesia’s Infrastructure Development

Source: The Jakarta Globe

The Asian Development Bank pledged its support for Indonesia’s development plan and is committed to disburse at least $1.5 billion in loans to the country to help fund various infrastructure projects, the multilateral lender’s president said on Tuesday.
Tuesday, January 13, 2015 — South Asia

Venture Capital Investors Plan $2 Billion New Funds for Indian Startups

Source: The Economic Times

Venture capital investors are on the road to raise nearly $2 billion, or about Rs12,400 crore, in new funds this year to power the next generation of emerging businesses in India's booming startup sector.
Tuesday, January 13, 2015 — South Asia

Technology and Garbage Dreams in the Silicon Valley of India

Source: Re/code

The Indian city of Bangalore is home to more than 15,000 waste pickers — overall, India houses 1.5 million waste pickers. They earn their daily living by sifting through the city’s 4,000 tons of solid waste for recyclables they can sell for payment.
Tuesday, January 13, 2015 — No Region Specified

Impact investor Gray Ghost Ventures to Raise $60 mln Third Fund

Source: PE Hub

Impact investor Gray Ghost Ventures said it is raising a $60 million third fund that represents a big step up from its $35 million second fund in 2009. The firm expects a first close on about $25 million in March, said CEO Arun Gore.
Tuesday, January 13, 2015 — No Region Specified

28 Philanthropy Issues to Watch in 2015

Source: Inside Philanthropy

As the New Year gets underway, we could conjure up a list of "top trends" in philanthropy for 2015 or make a bunch of predictions that we would probably regret twelve months from now, along with all the junk we ate over the holidays.
Tuesday, January 13, 2015 — Europe & Eurasia

Institutional Investors Making Renewables Key Future Trend

Source: Investments and Pensions Europe

Institutional investors are increasingly aligning their investments with energy technologies of the future, a new report claims.
Monday, January 12, 2015 — Sub-Saharan Africa

Nigeria: 100 Million Entrepreneurial Lifelines - Elumelu Foundation Expresses Shock At Women's Poor Response

Source: allAfrica

Chairman of United Bank for Africa (UBA) Plc. and Founder of Tony Elumelu Foundation, Mr. Tony Elumelu has expressed disappointment with what he described as Nigerian women entrepreneurs' poor response to the $100 million lifeline provided by the Foundation's Africa capitalism Institute for entrepreneurs to boost industrialization in Nigeria.
Monday, January 12, 2015 — South Asia

Ujjivan Financial Services Clinches Single Largest Funding Deal in India's Microfinance Sector

Source: The Times of India

UK's Commonwealth Development Corporation (CDC), private equity investors CX Partners, Newquest and a unit of Bajaj Group are leading a Rs 600-crore investment in Ujjivan Financial Services, clinching the single largest funding deal in India's microfinance sector, sources directly familiar with the matter said.
Friday, January 9, 2015 — No Region Specified

Social Stock Exchanges – Do We Need Them?

Source: The Conversation

Public interest in the development of global impact investing received a significant boost last year, due to an international campaign to divest in fossil fuels by superannuation, pension, and university endowment funds.
Friday, January 9, 2015 — No Region Specified

Microcapital Brief: Investview Acquires Gate Global Impact, Gateway 2.0 Will Continue to Link Social Enterprises, Funders

Source: MicroCapital

Gate Global Impact (GGI), a US-based, regulatory-compliant electronic marketplace that focuses on impact investing, has been acquired by Investview, another US-based financial services company [1]. As part of the deal, Investview has also acquired GGI’s Gateway 2.0, a website that enables small and medium-sized enterprises (SMEs) listed on the United Nation’s Global Compact Social Enterprise Hub to access financing for projects intended to produce a financial return while addressing challenges relating to “human rights, labor, environment and anti-corruption.” Investview intends to continue operating the platform through GGI. Mr Vincent Molinari, the chief executive officer of GGI, and Mr Joseph Latona, president of GGI, will join Investview. The financial details of the deal have not been made public.
Thursday, January 8, 2015 — No Region Specified

Viewpoint: Dirty Money and Development

Source: Live Mint

Dirty money—MNCs’ undeclared profits, the proceeds of corruption, etc.—can play a large role in ending poverty.
Wednesday, January 7, 2015 — No Region Specified

Community Foundations Embrace Impact Investing

Source: Forbes

A small, but growing, number of community foundations are starting to embrace impact investing in a big way.
Wednesday, January 7, 2015 — Sub-Saharan Africa

Q&A On Impact Investing In Africa With Issam Chleuh

Source: AFKInsider

Africa Impact Group has been identified as a leader in impact investing across the continent, investing in funds, organizations and companies with the intention of generating measurable social and environmental impact along with financial return.
Wednesday, January 7, 2015 — Asia Pacific

Japanese Drugmakers Addressing Neglected Tropical Diseases, and Not Just Out of Altruism

Source: The Japan Times

Japanese drugmakers are developing medicines to treat infectious diseases that have been overlooked because there is little financial incentive.
Friday, January 2, 2015 — South Asia

Aavishkar Venture Capital to Raise $400 Million in 2015

Source: The Economic Times

Aavishkar, the country's biggest social entrepreneurship-focused venture capital fund, is set to raise $400 million (Rs 2,500 crore) in 2015. This would be the biggest amount raised by any fund focusing on the social sector or impact investing in the country.
Friday, January 2, 2015 — South Asia

How 'Desh' Deshpande Is Helping Indian NGOs Scale Up

Source: Forbes India Magazine

Tech billionaire Gururaj 'Desh' Deshpande is helping NGOs scale up and sustain philanthropy initiatives on their own steam. His formula for self-reliance is relevance followed by innovation.
Friday, January 2, 2015 — No Region Specified

Viewpoint: Charity and Investment Should Work Together

Source: The New York Times

When it comes to our greatest social and environmental challenges, let’s first ask: What problem are we trying to solve? Once we know where we’re headed, we can better understand which methods and resources are most needed. Charity and social enterprise both have critical roles. Increasingly, we are seeing the ways charity and social enterprise and investment can work together effectively – along with smart government policy – to drive real and lasting change.
Friday, December 19, 2014 — South Asia

Triotech Raises $3 Million From Singapore VC Firm Bluehill

Source: The Economic Times

Mobile payment services company Triotech Solutions has raised $3 million (nearly Rs 19 crore) from Singaporebased venture-capital firm Bluehill in its first round of funding.
Friday, December 19, 2014 — South Asia

Banyan Green raises Rs 1 crore from I3N, other angels

Source: Economic Times

Banyan Green Fuels, a startup that develops customised biofuels for clients, has raised Rs 1 crore from Intellecap Impact Investment Network (I3N) and other angel investors.
Wednesday, December 17, 2014 — No Region Specified

PRESS RELEASE: Corporate Commitment to Impact Investing Will Reach Record Heights in 2015

Source: PR Newswire

Madeira Global, a premier New York-based investment and advisory firm servicing qualified investors and institutions in the area of Impact Investing, today released its 2015 Impact Outlook for the marketplace. The firm asserts that corporate commitment to impact investing is set to reach record heights in 2015 due to the combination of heightened corporate social responsibility programs and a return to the laws of fundamental investing into companies with strong environmental, social and governance practices. The milestones seen in 2014, such as Prudential committing to build a $1 billion impact investment portfolio by 2020, will serve as precursors to the 2015 impact investment landscape.
Wednesday, December 17, 2014 — No Region Specified

2014 in Impact Investing: The Big Bang and its Aftermath

Source: The Huffington Post

Impact investing reached and surpassed the tipping point in 2014, ceasing to be an insiders' game.
Tuesday, December 16, 2014 — No Region Specified

5 Reasons Today's Leaders Are Focused on Using Wealth and Power to Create Impact

Source: Business Insider

Leaders are migrating from figureheads to action figures. From bureaucrats to disrupters. From managing the established to creating and sponsoring more social impact.
Tuesday, December 16, 2014 — South Asia

Khosla Labs & Unitus Seed Fund to Incubate and Back Up to Six Aadhaar-Based Startups

Source: VCCircle

Bangalore-based startup incubator Khosla Labs has partnered with seed-stage impact investor Unitus Seed Fund to incubate and fund four-six startups working on the Unique Identification Authority of India (Aadhaar) project.
Tuesday, December 16, 2014 — No Region Specified

OPINION: A New Direction for Global Health

Source: Council on Foreign Relations

It is easy to be discouraged about the state of international cooperation today, but global health remains an area in which the world has come together to do significant good. Over the last dozen years, international initiatives have delivered HIV/AIDS treatment to millions, expanded childhood immunization, and spurred a dramatic increase in global support for addressing other health challenges, from malaria to maternal health.
Tuesday, December 16, 2014 — South Asia

Canadian Funding Supports Creation of Mobile Blood Lab in India

Source: Toronto Star

Grand Challenges Canada, which is funded by the federal government, is providing $1 million toward the development of a smartphone device that will test for diabetes and other conditions.
Friday, December 12, 2014 — No Region Specified

PRESS RELEASE: OPIC Board of Directors Approves New Financing Commitments

Source: Fox News

The Board of Directors of the Overseas Private Investment Corporation (OPIC) today held a quarterly meeting considering new projects for approval.
Friday, December 12, 2014 — No Region Specified

PRESS RELEASE: New Approach on Buying HIV Drugs Will Save $100 Million

Source: The Global Fund

The Global Fund to Fight AIDS, Tuberculosis and Malaria is putting into place a new agreement for purchasing HIV medication that will save close to US$100 million over two years, money that can be reinvested in lifesaving drugs and programs all over the world.
Friday, December 12, 2014 — No Region Specified

Off-Grid Solar Companies Closed $64M in 2014: The Start of a Bigger Trend?

Source: Greentech Media

Early-stage investments in off-grid solar companies operating in developing countries reached $63.9 million in 2014, according to a tally from Greentech Media.
Friday, December 12, 2014 — No Region Specified

Impact Investments Show Strong Returns, Survey Says

Source: The Chronicle of Philanthropy

An overwhelming majority of "impact investments" met or exceeded financial and social-benefit goals, according to a survey released Thursday.
Tuesday, December 9, 2014 — No Region Specified

PRESS RELEASE: TriLinc Global Impact Fund Makes Impact Investments in South Africa and Argentina

Source: Business Wire

TriLinc Global Impact Fund announced today that it has approved a total of $11.9 million in trade finance facilities to two companies in South Africa and one company in Argentina, bringing total financing commitments as of November 30, 2014 to $57.9 million for business expansion and socioeconomic development through its holdings in Africa and Latin America.
Monday, December 8, 2014 — No Region Specified

Investing for Good, Not Just Return, Grows to $6.57 Trillion Since 2012

Source: Washington Business Journal

Sustainable and responsible investing assets have grown 76 percent in the last two years, from $3.74 trillion in 2012 to $6.57 trillion at the start of this year.
Monday, December 8, 2014 — No Region Specified

Beyond Profits: Millennials Embrace Investing for Social Good

Source: Los Angeles Times

Once she gets her MBA degree from UC Berkeley in May, Leigh Madeira's dream is to help find funding for young companies devoted to improving the lives of the world's poor.
Monday, December 8, 2014 — Sub-Saharan Africa

PHN Unveils $1m HIC to Address Nigeria’s Suboptimal Health Outcomes

Source: Business Day

As low application of innovation and technology in the healthcare sector remains the biggest drawback in transforming delivery in Nigeria, the Private Sector Health Alliance of Nigeria (PHN), a private sector-led coalition, has unveiled $1 million Health Innovation Challenge (HIC) to address suboptimal health care.
Friday, December 5, 2014 — No Region Specified

PRESS RELEASE: Omidyar Network, Pershing Square Foundation Grant Social Finance, Inc. $4 Million for Pay-for-Success Financing

Source: SYS-CON Media

Social Finance announced today, at a White House Pay for Success Summit in Chicago, grant awards totaling $4.0 million from Omidyar Network and The Pershing Square Foundation to support its operations over the next three years. The flexible funds will be used to expand Social Finance's transaction and advisory teams, as well as accelerate the flow of Pay-for-Success (PFS) financing (or Social Impact Bond) transactions in the United States. The grants represent funding renewals from Omidyar Network and The Pershing Square Foundation, which were founding supporters of Social Finance.
Thursday, December 4, 2014 — No Region Specified

WEF Offers Impact Investing Road Map for Wealthy Families

Source: Bloomberg

The World Economic Forum has a message for wealthy families thinking about impact investing: don’t just buy on the buzz, do your homework.
Thursday, December 4, 2014 — No Region Specified

How One Investor Is Finding Profit in Social Change

Source: Entrepreneur

Ron Cordes used to get patronizing pats on the head from the traditional financial advisors he once worked with. Now, many of his former colleagues are asking him to help them get smarter about impact investing.
Tuesday, December 2, 2014 — Asia Pacific

PRESS RELEASE: Bima Receives $5 Million Investment to Bring Microinsurance to Asia Pacific, Caribbean

Source: Business Wire

Bima, the leading global microinsurance provider, announced a 5 million USD investment from Digicel Group, the leading total communications and entertainment provider in the Caribbean, Central America and Asia Pacific regions. This investment and the resulting partnership will help Bima to deliver access to affordable insurance on a scale never seen before in those regions.
Tuesday, December 2, 2014 — Sub-Saharan Africa

UNITAID And PSI Partner to Expand Access to HIV Self-Testing

Source: PSI Impact

Globally, there are an estimated 19 million people who do not know they are living with HIV. Without knowledge of their status, individuals cannot access life-saving HIV care and treatment. To close this gap, UNITAID is investing $23 million to accelerate access to HIV testing through simple HIV self-tests in three high-burden African countries over the next two years. PSI and its partners will lead this initiative to dramatically shift the paradigm of HIV testing in Africa.
Tuesday, December 2, 2014 — Sub-Saharan Africa

PHN in $1m Health Innovation Push to Save 1m Lives

Source: Business Day

Nigeria’s healthcare space is set to witness a landmark investment as the Private Sector Health Alliance of Nigeria, a public-private coalition aimed at mobilising Nigeria ‘s private sector to improve health outcomes, unveils a $1 million Health Innovation Challenge (HIC).
Monday, December 1, 2014 — No Region Specified

Impact Investing Goes Mainstream

Source: Upstart Business Journal

The idea of doing good while making a healthy profit is rapidly gaining ground, particularly among wealthy Silicon Valley entrepreneurs but also among foundations and pension funds. Social impact investing — for-profit investing for social good —­ has crossed into the mainstream and is driving investment decisions.
Monday, December 1, 2014 — Sub-Saharan Africa

World Bank Pledges $1.6b for Infrastructure Projects in East Africa

Source: Asia One Business

The World Bank said on Saturday it will loan East African nations $1.2 billion (S$1.56 billion) to improve inland waterways and ports in Kenya and Tanzania, as part of efforts to boost integration in the region.
Monday, December 1, 2014 — Sub-Saharan Africa

Private Sector Health Alliance of Nigeria To Invest $1m In Nigeria’s Health Sector

Source: The Guardian

Nigeria's health care sector is to get a major push courtesy of a $1million public-private coalition investment to save one million lives of women and children from preventable diseases such as malaria, malnutrition, lack of access to life-saving commodities and suboptimal supply chain systems, among others.
Tuesday, November 25, 2014 — No Region Specified

Merrill Lynch and U.S. Trust Sign the United Nations Principles for Responsible Investment

Source: Market Watch

Bank of America’s Global Wealth and Investment Management (GWIM) division today announced that it has signed the United Nations-supported Principles for Responsible Investment (PRI) on behalf of its discretionary asset management businesses. The unit (GWIM) is comprised primarily of Merrill Lynch Wealth Management and U.S. Trust.
Monday, November 24, 2014 — No Region Specified

Impact Investors Shifting Gears to Accommodate Specific Goals

Source: Pensions & Investments

The trend of impact investing — into companies, organizations and funds with the aim of investing for social and environmental good, as well as a financial gain — is becoming more specific.
Monday, November 24, 2014 — Sub-Saharan Africa

Investment in Nigeria’s Pharmaceutical Sector Hits N70 Billion

Source: Business Day

Investment in Nigeria’s pharmaceutical sector has hit N70 billion in the last four years, the Pharmaceutical Manufacturers Group of the Manufacturers Association of Nigeria (PMG-MAN) revealed to BusinessDay.
Monday, November 24, 2014 — No Region Specified

PRESS RELEASE Bank of America Partners with Global Alliance for Clean Cookstoves

Source: Market Watch

Bank of America today announced a partnership with the Global Alliance for Clean Cookstoves (GACC) to raise $100 million to help provide clean cooking solutions to millions of households in the developing world.
Friday, November 21, 2014 — No Region Specified

PRESS RELEASE: Agora Fund Will Bring Rigor of Investing to Philanthropy

Source: Agora Fund

Innovative new social enterprise will work with donors and nonprofits to apply the rigor, transparency and ease of a for-profit investment platform to the world of charitable giving.
Thursday, November 20, 2014 — No Region Specified

U.S. managed assets with socially responsible criteria rise

Source: Reuters

The share of U.S. managed assets invested with environmental, social or similar criteria rose 50 percent over the past two years, a foundation that tracks the field said, because of new disclosure standards and client concern about areas like climate change.
Thursday, November 20, 2014 — No Region Specified

500 Startups’ $10M fund will invest in mobile health in India, China, Africa

Source: MedCity News

A $10 million micro fund that will make investments in early and growth stage mobile startups, including mobile health, got started this week.
Thursday, November 20, 2014 — No Region Specified

How China is reshaping global development finance

Source: DW

The BRICS Development Bank, the AIIB and the Silk Road Fund – recent initiatives spearheaded by China that symbolize its growing influence in development funding and potential new sources of financing, says Rajiv Biswas.
Thursday, November 20, 2014 — No Region Specified

10 Things You Need To Know About Social And Environmental Investing

Source: Malaysian Digest

Responsible investing has undergone a radical shift, investors are demanding more of their financial advisors, and regulators are struggling to keep up, say experts.
Wednesday, November 19, 2014 — No Region Specified

OPINION: The Shift From Promotion to Pragmatism in Impact Investing

Source: Huffington Post

Gone are the heady headlines proclaiming the birth of a trillion dollar asset class. Instead, we are seeing substantive attempts to overcome challenges to sector growth.
Wednesday, November 19, 2014 — South Asia

PRESS RELEASE: Upaya, Artha Initiative to Co-Invest, Expand Management Resources for Small Businesses in India

Source: Upaya

Upaya Social Ventures and the Artha Initiative are proud to announce that they have formalized a collaboration through which they will work together to develop a pipeline of and co-invest in India’s Small and Growing Business (SGB) sector.
Tuesday, November 18, 2014 — No Region Specified

Villgro Innovations invests in seven social enterprises


Social enterprise incubator Villgro Innovations has picked seven new companies operating in the healthcare, energy, agriculture and education sectors for its second set of incubation and funding programme.
Tuesday, November 18, 2014 — South Asia

OPINION: Why India, not China, is a better investment partner for Africa

Source: Quartz

Did you read the story on Chinese investment in Africa? They’re being published in droves, usually with a vaguely racist headline, like “Booming African lion economies gear up to emulate Asians.”
Tuesday, November 18, 2014 — North Africa and Near East

DFID, Gates Foundation to set up digital financial services unit in Pakistan

Source: Daily Times

The United Kingdom (UK) government’s Department for International Development (DFID) on Monday signed a memorandum of understanding (MoU) with the Bill and Melinda Gates Foundation to set up a digital financial services (DFS) unit in Pakistan.
Tuesday, November 18, 2014 — No Region Specified

How Rogue Microfinance Lenders Overburden Poor South Africans

Source: AFKInsider

Microfinance, or lending small sums to low-income borrowers or entrepreneurs, was supposed to be a source of development and income growth for the poor in Africa. Has it worked?
Monday, November 17, 2014 — South Asia

PRESS RELEASE: Unitus Seed Fund adds more prominent investors

Source: Unitus Seed Fund

November 16, 2014. Bangalore: Unitus Seed Fund announced that it has now raised over USD $4 million from 16 high net income Indian investors in its Indian rupee fund, and Seattle area tech executives, including Steve Singh, Diego Piacentini, and Bill Gates have invested in Unitus Seed Fund’s affiliated offshore venture fund.
Tuesday, November 11, 2014 — No Region Specified

Zombies, Colin Farrell Uncover a ‘Trillion Dollar Scandal’

Source: ONE

Ahead of the G20 summit in Brisbane, Australia, The ONE Campaign released a new video today highlighting the fact that at least a trillion dollars is siphoned out of developing and emerging countries through corrupt activity every year. We’re talking about shady natural resource deals, phantom firms, money laundering, and illegal tax evasion.
Tuesday, November 11, 2014 — No Region Specified

Ten global organizations join MIT D-Lab's Practical Impact Alliance

Source: MIT News

Johnson & Johnson, Unilever, and others sign on to the Practical Impact Alliance, a collaborative initiative aiming to scale poverty solutions worldwide.
Friday, November 7, 2014 — South Asia

Hivos-Triodos Fund (HTF) Loans $3.1m to India’s IntelleGrow for Loans to Small, Medium-Sized Enterprises

Source: MicroCapital

The Hivos-Triodos Fund (HTF), a Netherlands-based microfinance investment vehicle, recently loaned EUR 2.5 million (USD 3.1 million) to IntelleGrow, an Indian nonbank financial company that specializes in making loans to small and medium-sized “social enterprises” in the agriculture, clean energy, education, financial, healthcare, sanitation and water sectors.
Friday, November 7, 2014 — South Asia

Dr. H. Sudarshan of Karuna Trust Wins India Social Entrepreneur of the Year, 2014

Source: Schwab Foundation

The Schwab Foundation for Social Entrepreneurship, in partnership with the Jubilant Bhartia Foundation announced Dr. H. Sudarshan, founder of Karuna Trust, as the winner of the India Social Entrepreneur of the Year, 2014 Award. The awards were conferred in New Delhi, at a well-attended gala, by Mr. Arun Jaitley, Minister of Finance, Corporate Affairs and Defence, Government of India. The other finalists included Matthew Spacie of Magic Bus and Yogendra Bhushan of Bodh Shiksha Samiti.
Friday, November 7, 2014 — No Region Specified

Pharmaceuticals industry facing fundamental change

Source: BBC News

Pharmaceuticals is an extraordinarily profitable business.
Friday, November 7, 2014 — South Asia

US to partner India in ‘Swachch Bharat’ campaign

Source: Times of India

Taking the US-India joint statement forward, USAID chief Rajiv Shah announced three partnership projects with India on areas close to PM Narendra Modi's heart — "strengthen water and sanitation, expand access to clean energy and increase access to banking services for poor Indians".
Friday, November 7, 2014 — No Region Specified

Here’s how one green group got its investments out of dirty energy

Source: Grist

The Oregon Environmental Council had a problem. It was late last year, and the nonprofit’s board finance committee was reviewing the performance of its endowment fund, which was invested in various stocks and bonds and mutual funds.
Thursday, November 6, 2014 — No Region Specified

PRESS RELEASE: First-of-Its-Kind Survey Finds $23 Billion Global Market for Conservation Investing

Source: CSR Wire

The first-ever survey of conservation impact investing reveals a fast-growing market totaling approximately $23 billion in the five-year period from 2009-2013.
Wednesday, November 5, 2014 — No Region Specified

An IPO at the Base of the Pyramid?

Source: Impact Alpha

Some say D.light could be one of the first base-of-the-pyramid IPOs to offer shares on a major stock market.
Tuesday, November 4, 2014 — No Region Specified

Facebook And Alibaba Will Turn The World's Poor Into Entrepreneurs. Xiaomi Will Sell Them Smartphones

Source: Forbes

Facebook and Alibaba Group Holding (NYSE:BABA) Limited are on a new mission: solve world poverty by helping more than 4 billion people from low-income countries get access to the Internet — and engage in e-tailing entrepreneurship.
Tuesday, November 4, 2014 — Asia Pacific

PRESS RELEASE: China enters the era of social impact investing

Source: PR Newswire

The 13th Social Enterprise Conference at Columbia Business School was on October 31st. The results of a study on social impact investing in China were released for the first time in history. It is the first time that China has formally dispatched a group to attend a social enterprise conference at Columbia University
Monday, November 3, 2014 — Asia Pacific

PRESS RELEASE: Impact Accelerator launched in the Philippines


MANILA, Philippines — Impact Investment Exchange Asia has launched its first Impact Accelerator program in the Philippines, an intensive in-country program designed to accelerate early-stage social enterprises that have high potentials to create positive social and environmental impact at scale.
Thursday, October 30, 2014 — No Region Specified

PRESS RELEASE: IFC Launches First Bonds Supporting Inclusive Businesses in Emerging Markets

Source: World Bank Group

IFC, a member of the World Bank Group, has launched the first bond program to support businesses that profitably provide goods, services, and job opportunities to people at the base of the economic pyramid. IFC calls these inclusive business models.
Thursday, October 30, 2014 — No Region Specified

'Social Impact Bonds' Tap Private Money for Public Health


More states are considering “social impact bonds” for multiyear projects in health, education and prisoner rehabilitation. Are they a good investment?
Thursday, October 30, 2014 — No Region Specified

Asia-Pacific J&J Innovation Center opens with Shanghai HQ

Source: Pharma Times

Johnson & Johnson Innovation has expanded its global network of research partnering hubs with the opening of the Asia Pacific Innovation Center headquartered in Shanghai with satellites in Singapore, Australia and Japan.
Thursday, October 30, 2014 — Latin America

PRESS RELEASE: Institutions from Brazil, Ecuador and Paraguay win the IDB’s Inter-American Awards for Innovation

Source: WebWire

Banco do Nordeste of Brazil, Tigo from Paraguay, and FOODSANU from Ecuador have won this year’s Inter-American Awards for Financial andEntrepreneurial Innovation for their excellence in supporting financial inclusion, digital finance, and microenterprise in Latin America and theCaribbean.
Wednesday, October 29, 2014 — No Region Specified

MBAs Drive Social Impact In Corporate Venture Capital Funds

Source: Business Because

Business school graduates are pioneering corporate venturing – venture capital funds run inside large companies that invest in social enterprises.
Tuesday, October 28, 2014 — Sub-Saharan Africa

UN, World Bank and Islamic Development Bank commit 8billion dollars in Major New Development Initiative for the Horn of Africa

Source: Standard Media

Leaders of global and regional institutions today begin an historic trip to the Horn of Africa to pledge political support and major new financial assistance for countries in the region, totaling more than $8 billion over the coming years.
Tuesday, October 28, 2014 — No Region Specified

Venture Capital Firm Invests in Start-Ups With a Social Mission

Source: The New York Times

When the co-founders of SolarCity, Lyndon and Peter Rive, along with their cousin Elon Musk, were raising money for their solar energy start-up in 2007, they called on just one outside investor.
Tuesday, October 28, 2014 — No Region Specified

Business Schools Foster Social Impact And Entrepreneurship

Source: Business Because

Business schools are catering for social entrepreneurs and MBA students who want to make a social impact – through funding, education and start-up incubation.
Tuesday, October 28, 2014 — South Asia

Michael & Susan Dell Foundation Invests In Social Enterprise Kinara Capital

Source: DealCurry

@Michael_and has made an undisclosed amount of equity investment in Bangalore based social enterprise, Kinara Capital.
Tuesday, October 28, 2014 — No Region Specified

OPINION: F.B. Heron Foundation’s Big Shift to Impact Investing Is Moving Along. Where's the Money Going?

Source: Inside Philanthropy

The F.B. Heron Foundation is way out front on impact investing, with its goal of putting the foundation’s full endowment into social impact investments by 2017. So how's it going?
Friday, October 24, 2014 — No Region Specified

Impact investing won't replace philanthropy but will push firms towards CSR, says Rockefeller Foundation Chief

Source: Economic Times

A Q&A with Judith Rodin, the president of the Rockefeller Foundation.
Thursday, October 23, 2014 — Sub-Saharan Africa

EU Offers $1bn Development Capital To Three African Countries

Source: Ventures Africa

European Union (EU) has given three African countries Lesotho, Togo and Zambia over $1 billion for economic development under its National Indicative Programmes (NIP).
Thursday, October 23, 2014 — No Region Specified

Blackstone’s Steve Schwarzman on Dangote and investing in Africa

Source: How We Made it in Africa

“He is a smart guy, and he always has something informative to say.”
Tuesday, October 21, 2014 — No Region Specified

PRESS RELEASE: ImpactAssets Releases "IA 50" Impact Investing Showcase

Source: CSRWire

ImpactAssets has released its 2014 impact investing showcase, the ImpactAssets 50 (“IA 50”), a free online resource for investors and financial advisors.
Monday, October 20, 2014 — No Region Specified

PRESS RELEASE: RBC Global Asset Management Announces $50 Million Impact Investing Initiative

Source: CNN

RBC Global Asset Management today announced an agreement with Community Reinvestment Fund, USA to purchase and service up to $50 million in loans to support affordable rental housing as part of the RBC Access Capital Community Investment Strategy.
Thursday, October 16, 2014 — No Region Specified

ClearlySo raises £800,000 to help support social entrepreneurs


Big Society Capital and Body Shop co-founder amongst backers of social impact investment intermediary
Wednesday, October 15, 2014 — No Region Specified

PRESS RELEASE: Morgan Stanley Alternative Investment Partners Strengthens Global Private Equity Impact Investing Capabilities

Source: Market Watch

David Wilton Joins Morgan Stanley from International Finance Corporation.
Tuesday, October 14, 2014 — No Region Specified

New Calvert chief sees two trends in sustainable investing

Source: Washington Business Journal

John Streur, incoming CEO of Calvert Investments Inc., sees "two broad trends that are really coming together to shape and influence socially responsible investing."
Tuesday, October 14, 2014 — No Region Specified

Global Innovation Fund Receives $200m from Omidyar Network, Governments of Australia, Sweden, UK, US

Source: MicroCapital

The Global Innovation Fund (GIF), a UK-based nonprofit, recently announced its launch in the US city of New York. GIF plans to fund “social innovations” brought forward by nonprofit entities as well as for-profit organizations and government.
Thursday, October 9, 2014 — Sub-Saharan Africa

Private Equity Fund Leapfrog Exits From Kenyan Insurer

Source: AllAfrica

Private equity fund LeapFrog Investments has exited a Kenyan insurance firm in which it first injected capital in 2011.
Thursday, October 9, 2014 — South Asia

IMJ Investment Partners’ Koichi Saito: Bopping to the BoP startup

Source: e27

Koichi Saito, Director, IMJ Investment Partners doesn’t think Manila needs Google Glass
Thursday, October 9, 2014 — No Region Specified

RSF Social Finance Makes a Loan to Madécasse

Source: 3BL Media

RSF is pleased to announce a new loan to Madécasse, a social enterprise that makes chocolate and vanilla products in Africa. RSF provided a line of credit that will allow Madécasse to finance their inventory purchases and assist with cash flow gaps throughout the year.
Tuesday, October 7, 2014 — Sub-Saharan Africa

The Rise Of The African Social Entrepreneur

Source: Ventures Africa

Has social entrepreneurship taken off in Africa? Is it making the impact it is supposed to make? Has institutional support been of the kind that is required?
Monday, October 6, 2014 — No Region Specified

Socially Responsible Investing Around the Globe Isn’t Easy

Source: The Wall Street Journal

Socially responsible investors—who seek to marry long-term competitive financial results with social objectives—have to tangle with a number of risks in emerging markets.
Friday, October 3, 2014 — South Asia

Philanthropic capital should be invested more strategically for poverty alleviation: Country Director, Acumen Pakistan

Source: Business Recorder

Farrukh H Khan is the Country Director & CEO of Acumen Pakistan and one of the leading independent business and financial advisors in the country.
Friday, October 3, 2014 — No Region Specified

Rockefeller Foundation aims for Impact

Source: BusinessWeek

Judith Rodin is the president of the Rockefeller Foundation, which means she’s in charge of giving away one of America’s historic fortunes. One problem: “As rich as Rockefeller” doesn’t mean quite what it once did. The foundation ranks only 16th in assets among U.S. charities, according to the Foundation Center.
Wednesday, October 1, 2014 — No Region Specified

Will There Be Enough ESG Investing Opportunities To Meet Demand?

Source: Financial Advisor Magazine

So-called “responsible” investing is gaining cred both with retail investors and institutional investors. But as Cerulli Associates points out in a recent report, the question is whether growing interest in green or responsible investing will translate into more investible opportunities in this space.
Tuesday, September 30, 2014 — No Region Specified

PRESS RELEASE: TriLinc Global Impact Fund Makes Impact Investments in Kenya, South Africa and Argentina

Source: Business Wire

TriLinc Global Impact Fund announced today that it has approved a total of $9.9 million in trade finance facilities to a Kenyan, a South African and an Argentine company, bringing total financing commitments as of September 29, 2014 to $38.1 million for business expansion and socioeconomic development through its holdings in Latin America, Africa and Southeast Asia
Tuesday, September 30, 2014 — No Region Specified

Green Divestment Movement Still in Its Infancy Despite Rockefeller Coup

Source: Philanthropy

In announcing last week that it would purge its portfolio of fossil fuel investments, the Rockefeller Brothers Fund did more than make a financial decision; it joined a movement.
Tuesday, September 30, 2014 — South Asia

How Agent Orange helped spawn the Socially Responsible Investing movement

Source: Green Chip Stocks

Sustainable, socially responsible mutual funds would not exist without agent orange.
Friday, September 26, 2014 — No Region Specified

Why It’s Hard to Divest From Fossil Fuels (Even If You Want To)

Source: Time

Climate change activists are pushing for investors to get out of carbon polluters. What are the options for individuals using mutual funds?
Thursday, September 25, 2014 — No Region Specified

PRESS RELEASE: IIX announces CGI Commitment to Action on Women’s Impact Bond

Source: Asia IIX

Impact Investment Exchange Asia (IIX), a leader in social sector development through impact investing, recently announced its Clinton Global Initiative (CGI) Commitment to Action on Women’s Impact Bond (WIB) at the 2014 CGI Annual Meeting.
Thursday, September 25, 2014 — No Region Specified

What Needs To Happen For Impact Investing To Be The World-Changing Force It Could Be

Source: Fast CoExist

The idea of investing both for profit and social good has come a long way in the last few years, but the sector still has enormous potential to grow.
Thursday, September 25, 2014 — South Asia

Janalakshmi to lead investor rush into India’s microfinance sector

Source: Business Standard

After Janalakshmi's record-breaking deal, Indian MFI sector likely to raise Rs 2,000 crore in FY15
Wednesday, September 24, 2014 — No Region Specified

Bank of America Announces $10 Billion Catalytic Finance Initiative to Accelerate Clean Energy Investments


New York, 23 September 2014 - Bank of America today announced a Catalytic Finance Initiative, designed to stimulate at least $10 billion of new investment into high-impact clean energy projects.
Wednesday, September 24, 2014 — No Region Specified

Why the Rockefellers are betting on renewable energy

Source: The Week

Sure, it's mostly symbolic. But the global energy business is also on the cusp of a dramatic transformation.
Tuesday, September 23, 2014 — No Region Specified

PRESS RELEASE: CGAP CEO Ehrbeck Will Join Omidyar Network As Partner

Source: Press Release

Omidyar Network today announced that Tilman Ehrbeck will join the philanthropic investment firm as a partner. Based in Washington D.C., Ehrbeck will oversee Omidyar Network's Financial Inclusion, Impact Investing, and Property Rights initiatives. Omidyar Network Managing Partner Matt Bannick made the announcement during the Clinton Global Initiative Annual Meeting in New York.
Tuesday, September 23, 2014 — South Asia

Tata announces social enterprise challenge

Source: Times of India

The Tata Group has announced the commencement of the Tata Social Enterprise Challenge (TSEC) 2014-15, a joint initiative with the Indian Institute of Management Calcutta (IIM-C), to find India's most promising early-stage social enterprises.
Tuesday, September 23, 2014 — South Asia

Big Data enables us to reach the bottom of the pyramid: TTSL CIO

Source: Indian Express

Tata Teleservices has become one of the first companies in India to harness big data to bolster its legal and regulatory operational requirements.
Tuesday, September 23, 2014 — No Region Specified

For Social Enterprises, The Bottom Line is Impact: Four Lessons About Investing in Social Businesses

Source: Huffington Post

Despite Cambodia's rapid economic growth driven by strong exports, private investment and a growing agricultural industry, nearly one in five Cambodians live below the international poverty line.
Monday, September 22, 2014 — South Asia

Jumpstarting Indian Startups Serving The Bottom Of The Pyramid

Source: Forbes

There’s a dearth of seed-stage funding for social enterprises in developing countries, a situation known as the “pioneer gap.” That’s why Will Poole and Dave Richards co-founded Unitus Seed Fund about two years ago and, recently, announced an agreement with the U.S. Global Development Lab, a new enterprise within USAID, to jumpstart the early-stage impact startup ecosystem in India.
Friday, September 19, 2014 — No Region Specified

The Role of Private Sector Investment in Climate Change

Source: Huffington Post

Assuming countries across the world can muster the political will to actually make bold, sustained commitments to ending poverty, providing decent jobs, providing universal health coverage, and reducing greenhouse gas emissions, there is still the question of how to pay for it.
Thursday, September 18, 2014 — Sub-Saharan Africa

PRESS RELEASE: Bata Shoe Foundation Announces $25,000 in Award Funding for Young Entrepreneurs

Source: Press Release

In commemoration of the 100th anniversary of the birth of Thomas J. Bata, the Thomas J. Bata Legacy Award will support responsible entrepreneurship in emerging markets
Wednesday, September 17, 2014 — No Region Specified

How Millennials Will Change the Face of Philanthropy

Source: Diplomatic Courier

Millennials are expected to be the core beneficiaries of a coming $30 trillion transfer of wealth between generations, according to Accenture’s report on the “Greater Wealth Transfer.” This will impact philanthropy, investments, and possibly even global financial markets.
Wednesday, September 17, 2014 — No Region Specified

To Grow Impact Investing, Focus on Multilingual Leadership

Source: Huffington Post

September 15, 2014, will be remembered for the release of a seminal report on impact investing, care of an international taskforce backed by eight country advisory boards and four topical working groups.
Tuesday, September 16, 2014 — No Region Specified

PRESS RELEASE: Social value networks join up to create ‘international force for change’

Source: The SROI Network

Two of the most established and respected social impact organisations are joining forces to create the largest international social value network in the world.
Tuesday, September 16, 2014 — South Asia

Reserve Bank of India governor cautions Modi government on speed of financial inclusion scheme

Source: FirstBiz

Reserve Bank of India (RBI) governor Raghuram Rajan’s warning to sarakari banks, on a hunt to win maximum number of bank accounts in minimum days to make Narendra Modi government’s flagship financial inclusion scheme Jan Dhan Yojana a success, reflects the regulator’s concern on the way government using state-run banks to push its populist agenda overlooking prudential norms.
Monday, September 15, 2014 — No Region Specified

G8 report sheds light on the process of building the impact investing market

Source: The Economist

A G8 task force on impact investing published a report on September 15th, with its recommendations on how to push forward the market.
Monday, September 15, 2014 — No Region Specified

Morgan Stanley Adds ‘Impact’ Portfolios in Brokerage

Source: Bloomberg

Morgan Stanley (MS), which has set a goal of attracting $10 billion of client assets to sustainable investing products over the next few years, is adding two such portfolios for its wealth-management customers.
Thursday, September 11, 2014 — No Region Specified

PRESS RELEASE: Aindra Systems Gets Backing by Villgro, the Social Enterprise Incubator

Source: PR Newswire

Aindra Systems, an early-stage startup, has secured backing by Villgro, the Social Enterprise Incubator focused on funding startups having a social impact.
Thursday, September 11, 2014 — No Region Specified

Three Lessons on Impact Investing: Reflections from Batman and Robin

Source: Forbes

After our panel last week at the Social Capital Markets (SOCAP) conference in San Francisco, a colleague tweeted a photoshopped image of me and Antony Bugg-Levine, CEO of Nonprofit Finance Fund, as Batman and Robin, respectively.
Thursday, September 11, 2014 — No Region Specified

Why This VC Firm Thinks B Corporations Are A Good Investment

Source: Fast CoExist

The Collaborative Fund believes that B Corp social good certification is a signal that startups are making decisions that are better in the long term.
Wednesday, September 10, 2014 — No Region Specified

Investing to Make a Difference Is Gaining Ground

Source: New York Times

Interest in impact investing, which has been around for more than a decade, is growing and changing. Some $3.74 trillion, or 11 percent, of total United States assets under management were placed in sustainable investments in 2012.
Wednesday, September 10, 2014 — No Region Specified

CREO Investors Pledge $300 Million for Environmental Impact

Source: Huffington Post

Nearly a dozen wealthy families are announcing today that they have committed to invest a combined $300 million over five years in commercial ventures in the areas of climate, energy, health, food and sustainability.
Wednesday, September 10, 2014 — No Region Specified

LeapFrog raises $400 million for social impact investments in Asia, Africa

Source: Reuters

(Reuters) - LeapFrog Investments, a private equity firm backed by George Soros and JP Morgan, said it has raised $400 million for socially responsible investments in Asia and Africa - the largest ever for a fund specializing in low-income emerging market financial services.
Tuesday, September 9, 2014 — Latin America

Mexico summit pledges to serve microfinance clients better

Source: The Daily Star

The 17th Microcredit Summit held in Merida, Mexico, last week discussed ways to better serve the next generation of clients and promote client-centred microfinance.
Monday, September 8, 2014 — No Region Specified

Governments must do more to grow impact investing - G8 taskforce chair Cohen


Governments need to create policies that help to accelerate the growth of investing for profit and social good, the head of a task force set up by the world's richest nations to boost impact investing said.
Monday, September 8, 2014 — South Asia

Social enterprise Incubator Villgro invests in three start-ups

Source: Economic Times

Social enterprise Incubator Villgro has invested in three startups, marking its first set of funding this fiscal year. It is targeting to invest in 25-30 more startups by the end of the fiscal year. Ujjeewan Healthcare, Aindra Systems and Scholowiz Educational Solutions, all early-stage companies, have secured funding from Villgro.
Monday, September 8, 2014 — No Region Specified

PRESS RELEASE: Omidyar Network leads Series B funding in Cignifi

Source: Reuters

Cignifi, which has developed a platform to provide credit and marketing scores for people using mobile phone behavior data, has closed a Series B funding round led by existing investor Omidyar Network.
Tuesday, September 2, 2014 — South Asia

PRESS RELEASE: At SOCAP 14, Unitus Seed Fund launches its India Impact Acceleration Program

Source: Press Release

September 2, 2014: San Francisco. Today at SOCAP 14, Unitus Seed Fund launched its India Impact Acceleration Program to help improve and accelerate the early-stage impact startup ecosystem across India in three ways: by increasing connections facilitated through “startup scouts” operating across India, working with leading incubators to help create more “venture capital-ready” startups that target low-income populations, and offering financial assistance to startups that make use of our existing Venture Advisor and Catapult Partner networks.
Tuesday, September 2, 2014 — South Asia

Unitus Seed Fund Has Raised USD 20 Million From Investors

Source: Press Release

New investors in India’s most active Micro VC impact fund demonstrate that commercial and philanthropic investors are drawn to impact investing
Tuesday, September 2, 2014 — South Asia

Unitus raises funds for India from global foundations

Source: Times of India

BANGALORE: Seed-stage impact investor Unitus Seed Fund has raised $7 million in fresh funding from a clutch of institutional and individual investors taking the total fund size to $20 million.
Wednesday, August 27, 2014 — No Region Specified

Impact investing soars with $12 million green bond sale by Merrill Lynch

Source: Investment News

Merrill Lynch Wealth Management advisers sold $12 million in green bonds issued by the World Bank last week, surpassing what the investment bank expected based on similar issuances a few years ago.
Tuesday, August 26, 2014 — No Region Specified

5 Ways To Ensure Your Money Doesn't Contradict Your Social Values

Source: Forbes

It is possible to redirect your money’s social and environmental ties, even if a lack of understanding too often obscures that fact.
Thursday, August 21, 2014 — No Region Specified

What's The Future For Impact Investing?

Source: Fast CoExist

The biggest challenge--and opportunity--is to get the 99% involved in investing for social good.
Thursday, August 21, 2014 — No Region Specified

Why social impact investing is going mainstream

Source: PBS Newshour

Social impact investing is taking off, says Pax World CEO Joseph Keefe, not simply because investors care about diversity and sustainability, but because companies focusing on those issues deliver strong long-term results.
Wednesday, August 20, 2014 — No Region Specified

PRESS RELEASE: Toniic Announces Support from Omidyar Network

Source: Toniic

San Francisco, USA and Mumbai, India (August 18, 2014) – Toniic – a global network of over 120 action-oriented impact investors – is pleased to announce the financial support of philanthropic investment firm Omidyar Network.
Monday, August 18, 2014 — No Region Specified

Collaborative Fund, CircleUp Partner to Invest $4 Million in B Corps

Source: Wall Street Journal

New York City-based venture firm Collaborative Fund, and CircleUp, the fundraising platform for “anything but tech” startups, have partnered to invest $4 million into certified B Corps, said CircleUp co-founder Ryan Caldbeck.
Monday, August 18, 2014 — No Region Specified

An Impact Investor's Guide to Creating Social Impact

Source: Huffington Post

There's a lot of excitement about impact investing these days. The industry's main goal, to make money while making a difference, is very enticing. However, with the lack of information on successful impact investments, it's hard to know if impact investments are truly making an impact.
Friday, August 15, 2014 — South Asia

Growth of independent India an amazing story; empower it by health investment: Bill Gates

Source: Economic Times India

Today, the prime minister will stand at the Red Fort to address the nation. For a generation, the Independence Day speech has been about India's mind-blowing progress - and today's will be no different.
Friday, August 15, 2014 — No Region Specified

Here's How To Give Back AND Make Money

Source: Business Insider Australia

Meet the newest investing buzzword on the block.
Friday, August 15, 2014 — No Region Specified

The Next Stage of Sustainable Investing

Source: Huffington Post

Investing is no longer about style boxes.
Thursday, August 14, 2014 — No Region Specified

Students Don't Have To Drop Out To Thrive As Social Entrepreneurs

Source: Forbes

For young social entrepreneurs, fellowships such as Thiel, Ashoka, and Echoing Green provide guidance and resources that can be essential for launching their projects without having a college affiliation.
Thursday, August 14, 2014 — Sub-Saharan Africa

Embattled African Bank gets bailed out

Source: Business Day Live

AFRICAN Bank has been bailed out as the Reserve Bank said on Sunday it would pay R7bn for its bad loan book, which allows it to continue lending and safeguards its retail deposits.
Friday, August 8, 2014 — No Region Specified

In a First Test for Social Impact Bonds, Investors Miss the Mark for Payout

Source: Next City

Investors in a pioneering social impact bond project in the U.K. will have to wait another two years for a return on their gamble on good.
Thursday, August 7, 2014 — Sub-Saharan Africa

Investing in Health: African Countries Expand Domestic and Innovative Financing

Source: Huffington Post

This week, President Barack Obama is hosting the first ever U.S.-Africa Leaders Summit in Washington, D.C., welcoming leaders from across the African continent to discuss trade and investment, with an eye toward security, peace and democratic development. Importantly, these high-level meetings will also include discussions of the future of global health investments and the U.S.-Africa partnership in reaching an AIDS-free generation.
Thursday, August 7, 2014 — Sub-Saharan Africa

World Bank Group Commits US$ 5 Billion to Boost Electricity Generation in Six African Countries

Source: World Bank

The World Bank Group today committed $5 billion in new technical and financial support for energy projects in six African countries-- Ethiopia, Ghana, Kenya, Liberia, Nigeria, and Tanzania—which have partnered with President Obama’s Power Africa initiative.
Thursday, August 7, 2014 — Sub-Saharan Africa

As America Turns Its Gaze Toward Africa, It Has The Chance To Promote A New Model Of Investment

Source: Huffington Post

This week U.S. investors and African leaders from the African continent will converge on Washington D.C. for the inaugural US - Africa Leader's Summit.
Wednesday, August 6, 2014 — Sub-Saharan Africa

GE Foundation Commits $20-Million to Maternal and Child Health in Africa

Source: Philanthropy

The GE Foundation will spend an additional $20-million over the next five years to advance maternal and child health in Africa, an expansion of its existing global health development program, officials say.
Wednesday, August 6, 2014 — No Region Specified

Unitus crosses $1 bn mark in capital raised

Source: Business Standard

Unitus Capital, an investment banking firm focussed on meeting the financing needs of impact entrepreneurs serving the bottom of the economic pyramid, has announced that it has crossed the $1 billion mark in raising funds.
Tuesday, August 5, 2014 — No Region Specified

PRESS RELEASE: USAID and Rockefeller Foundation Announce $100 Million Global Resilience Partnership in Africa and Asia

Source: USAID

?WASHINGTON, D.C. - The U.S. Agency for International Development (USAID) and The Rockefeller Foundation announced today a $100 million Global Resilience Partnership that lays out a bold new vision for building resilience to chronic stresses and increasing shocks in communities across Africa and Asia.
Tuesday, August 5, 2014 — No Region Specified

‘While the US may be late to the party, it has a lot to offer Africa’

Source: HowWeMadeItInAfrica

Africa offers US multinationals a compelling trade and investment opportunity thanks to the rapid economic growth rates being experienced across the continent along with burgeoning population growth and increasing urbanisation, according to South African-based Standard Bank.
Friday, August 1, 2014 — Sub-Saharan Africa

PRESS RELEASE: Innovation Prize for Africa (IPA) 2015 now open

Source: Press Release

USD 150,000 in prizes for continent’s brightest innovators to accelerate Africa’s development. With 2000 innovators from 48 countries entering in its first three years; IPA 2015 takes investment in unleashing and supporting sustainable African led innovation past half a million USD
Friday, August 1, 2014 — Sub-Saharan Africa

Financial market urged to target youth savings business

Source: Ghana Web

A global poverty alleviation group has come up with suggestions on how financial services providers in developing countries can tap into the huge youth savings market.
Friday, August 1, 2014 — No Region Specified

Impact Investing’s Image Problem

Source: FinancialAdvisor mag

Steve Schueth, president of First Affirmative Financial Network, offered an analogy that made the usual invest-to-make-money-first-and-then-be-philanthropic-later approach sound something like a Viking raid.
Wednesday, July 30, 2014 — No Region Specified

4 questions about World Bank safeguards

Source: Devex

The World Bank board's Committee on Development Effectiveness meets on Wednesday to review a new proposal that may change the way the Washington, D.C.-based institution assesses and mitigates the environmental and social impacts of its investments.
Tuesday, July 29, 2014 — No Region Specified

PRESS RELEASE: Accion’s Frontier Investments Group Invests in Eseye

Source: Accion

Accion, a pioneer and leader in bringing financial services to the underserved, today announced that its Frontier Investments Group has become the first institutional investor in Eseye Ltd, a global machine-to-machine (‘M2M’) technology and service provider, with a participating investment in its $9.0 million Series B financing round.
Friday, July 25, 2014 — South Asia

Challenges lying ahead for impact investing

Source: Economic Times India

Having started as an impetus for microfinance nearly a decade ago, impact investing today influences a wide array of sectors and supports innovative business models.
Friday, July 25, 2014 — No Region Specified

Fund managers hope for more robust socially conscious options

Source: Investment News

Money managers work to build products for younger investors, who are expected to favor values-driven investing
Thursday, July 24, 2014 — South Asia

The Promise of 100% and Finding Fortune at the Bottom of the Pyramid

Source: Forbes

“100%, yes I am telling you…100%. The deal is ours. 100%!”
Thursday, July 24, 2014 — South Asia

World Bank to provide $18 bn aid to India in three years

Source: Odisha Sun Times

The World Bank Wednesday said it will provide financial support of $15-18 billion to India over the next three years to help accelerate economic growth and reduce poverty.
Wednesday, July 23, 2014 — South Asia

iClinic Healthcare looks to raise Rs 25 cr to fund expansion

Source: Business Standard

Online healthcare provider iClinic Healthcare is in talks with investors to raise Rs 25 crore to fund its expansion in India.
Wednesday, July 23, 2014 — South Asia

India's new government vows clampdown on healthcare graft

Source: Reuters

India's health minister called for tougher laws on Tuesday after a media report alleged that laboratories had offered kickbacks to doctors who referred patients to their diagnostic centres.
Tuesday, July 22, 2014 — No Region Specified

More Impact Investors Are Going 'All In'

Source: Forbes

If you want to keep up with the latest buzzwords in impact investing, here’s an important one starting to hit its stride: “all in”. It means placing your whole portfolio into assets with a positive social and/or environmental impact. Putting your money–all of it–where your mouth is.
Tuesday, July 22, 2014 — South Asia

Arun Jaitley says India needs to create productive environment for investors

Source: Business Standard

Finance Minister, Arun Jaitley, said here on Saturday thatIndia needs to create such a productive environment for investors, that makes them feel that doing business in India is profitable.
Tuesday, July 22, 2014 — No Region Specified and Grameen-Jameel launch initiative to stimulate individual lending for microfinance

Source: CPI Financial

Kiva and Grameen-Jameel Microfinance Ltd. have partnered to launch “Change is in Your Hands” campaign.
Tuesday, July 22, 2014 — Sub-Saharan Africa


Source: GrowthAfrica

Scaling innovative products and services to solve huge challenges in Kenya’s agriculture sector
Friday, July 18, 2014 — No Region Specified

McKnight Foundation adds director of impact investing

Source: Pensions&Investments

Elizabeth McGeveran was named impact investing program director at the $2 billion McKnight Foundation, Minneapolis, spokesman Tim Hanrahan said.
Thursday, July 17, 2014 — No Region Specified

What Conditions Will Bring More Investors into the Sustainable Seafood Sector?

Source: National Geographic

As sustainable seafood markets grow, philanthropists, nonprofit leaders, and entrepreneurs see opportunities for impact-minded investors to make profits while creating positive change in the oceans.
Tuesday, July 15, 2014 — No Region Specified

OPIC: Let’s leverage impact investing to make aid funding sustainable

Source: Devex

Much of the impact investing field has been driven by public sector actors, which have an important role to play both in the way they deploy their capital and the work that they can do to build the industry.
Thursday, July 10, 2014 — No Region Specified

Crowdfunding Leaps Forward Beyond Hype To Solve Big-World Problems

Source: Forbes

Much of the hype around crowdfunding has frustratingly proved to be so much hot air. The United Nations Global Compact and the U.S. State Department are working to change that by bringing crowdfunding forward to finance projects in the developing world, especially projects designed to address the social problems endemic there.
Thursday, July 10, 2014 — No Region Specified

Big Three Credit Rating Agency Courts Impact Investing at Right Moment

Source: Student Reporter

NEW YORK — It’s not without rhyme or reason that a credit rating agency like Moody’s Investors Service suddenly takes an interest in the impact investing field. For Mark Tulay, founder and CEO of Sustainability Risk Advisors and Sustainability ROI, this institution has good reasons to do so. “Credit raters see that climate change could, or likely will, lead to an environmental crisis that will create the next economic crisis,” said Tulay at the TBLI CONFERENCE USA 2014.
Wednesday, July 9, 2014 — No Region Specified

What's next for impact investing: Definitions, measurement and rising expectations

Source: Devex

Impact investing represents a potential additional funding stream for development, but the field is still evolving and those working in it warn we may be expecting too much, too soon.
Tuesday, July 8, 2014 — South Asia

Impact Investing in India: Poised to Grow?

Source: CFA Institute

Impact investments are expected to increase globally this year, with South Asia and Southeast Asia among the top target regions, according to a recent survey by JPMorgan and Global Impact Investing Network (GIIN). This could bode well, in particular, for India’s nascent impact investment sector, which is one of the most active in the region.
Monday, July 7, 2014 — Sub-Saharan Africa

Developing Africa Through Effective, Socially Responsible Investing

Source: Ventures Africa

VENTURES AFRICA – The SME space is seeing tremendous growth in Africa, with easier access to funds from financial institutions and government policies encouraging sector growth.
Thursday, July 3, 2014 — South Asia

Rural education firm Hippocampus raises $2.4M from ADB, Unitus, Khosla Impact

Source: VCCircle

Hippocampus operates 128 learning centres in Karnataka with a student base of over 7,500.
Thursday, July 3, 2014 — No Region Specified

Impact investing: What’s in it for your nonprofit?

Source: Devex

Are you a nongovernmental organization wondering how to benefit from impact investors?
Wednesday, July 2, 2014 — Latin America

TriLinc Global Impact Fund Makes Impact Investment in Argentina

Source: Fort Mill Times

TriLinc Global Impact Fund approves a new $5.0 million revolving trade finance facility to an Argentine beef company, bringing total financing commitments as of June 30, 2014 to $28.7 million for business expansion and socioeconomic development in Latin America
Wednesday, July 2, 2014 — South Asia

Indonesia Receives Us$500 Million from World Bank in Support of Financial Sector Reform Policies

Source: Insurance News

WASHINGTON, July 1 -- World Bank issued the following news release: The World Bank'sBoard of Executive Directors approved today a US$500 millionFinancial Sector Reform and Modernization Development Policy Loan for the Government of Indonesia. The loan supports Indonesia's policies aimed at reinforcing the stability of the financial system, diversifying the financial sector, and expanding financial inclusion to reach the poor and other underserved groups.
Wednesday, July 2, 2014 — South Asia

Impact investor money chasing very few investible companies in India

Source: Business Today

Venky Natarajan, Managing Partner at impact investment fund Lok Capital, speaks to BUSINESS TODAY about impact investing in India.
Tuesday, July 1, 2014 — No Region Specified

U.N.'s Own Study Reveals Its $13 Billion Maternal Health Efforts Aren't Saving Lives

Source: Huffington Post

LONDON (AP) — In the past decade, billions of dollars have been spent trying to save the lives of mothers in developing countries using strategies — usually inexpensive drugs — deemed essential by the U.N. health agency.
Tuesday, July 1, 2014 — No Region Specified

Orissa-based Milk Mantra raises $13M in Series C led by Fidelity Growth Partners

Source: VCCircle

The transaction also had a secondary component where 25 angel investors and an old fund under Aavishkaar have exited.
Tuesday, July 1, 2014 — No Region Specified

OPINION: What Impact Investors Can Learn From Winemaking

Source: Unreasonable

There is a winery near my hometown of Charlottesville, Virginia, and if you were to ask me what I thought of it I would respond that, “the product is a work in progress, but the user experience is awesome.” Impact investing can learn a lot from this vineyard, Early Mountain Vineyard.
Monday, June 30, 2014 — No Region Specified

Int’l Telecoms, Gates Foundation To Connect 2.5bn Adults To Mobile Money

Source: Leadership

The International Telecommunications Union (ITU) has joined hands with the Bill & Melinda Gates Foundation to connect over 2.5 billion adults who do not have access to a formal bank account, most of them in developing economies, by delivering digital financial services capable of improving the delivery of basic financial services.
Monday, June 30, 2014 — No Region Specified

Impact investing on the cusp of mainstream wealth management

Source: Investment News

The news releases arrived in noteworthy succession throughout 2013. Morgan Stanley,UBS AG, The Goldman Sachs Group Inc., and JPMorgan Chase & Co. — some of the biggest names in the financial services industry — announced plans to establish or augment their activities around impact investing.
Monday, June 30, 2014 — No Region Specified

Two Financial Titans Open Their Vaults to Impact Investing

Source: Student Reporter

Started a few years ago by a small band of pioneers, impact investing has gained traction and is now drawing the attention of large international banks. Large financial institutions such as BNP Paribas and Citigroup, based in Europe and the United States, respectively, are developing various projects in the field of social and sustainable finance.
Friday, June 27, 2014 — No Region Specified

Inheritance-Rich Millennials Are Primed to Become Impact Investing’s Most Ardent Supporters

Source: Student Reporter

Millennials stand to inherit $30 trillion (U.S.) in assets over the next three decades. Understandably, investors, and the rest of the world, have a major interest in how these young people will choose to invest their inheritances.
Thursday, June 26, 2014 — No Region Specified

How the US government can help spur impact investing

Source: Devex

The field of impact investing is expanding, but key barriers could still be removed and incentives put in place by the U.S. government to boost growth and promote best practices, according to a new report released on Wednesday.
Thursday, June 26, 2014 — South Asia

India’s microfinance sector set to rebound, says rating agency

Source: Moneylife

Crisil says, loan portfolios of microfinance companies to grow at a compounded annual rate of 35%, to touch Rs450 billion by March 2016
Thursday, June 26, 2014 — Asia Pacific

Asia's social stock exchange poised to list first Retail Impact Bond

Source: The Guardian

The time is ripe to launch a retail impact bond in Asia, says former Wall Street investment banker Durreen Shahnaz
Thursday, June 26, 2014 — No Region Specified

As the World Bank Turns

Source: Huffington Post

Something exciting, almost revolutionary, is happening at one of the most conservative of the world's international institutions. The World Bank, which for decades has been criticized has overly focused on the construction of dams and other infrastructures as the cure for poverty, is turning its focus to the real engine of economic progress in the developing world: girls and women.
Thursday, June 26, 2014 — No Region Specified

The Impact Generation Has Arrived

Source: Forbes

Imagine for a minute that you can invest in one of two companies:
Thursday, June 26, 2014 — South Asia

Why USAID is shifting maternal health funds toward Africa, Asia

Source: The Christian Science Monitor

ADDIS ABABA, ETHIOPIA — The US Agency for International Development announced today that 26 countries have done so well at achieving maternal and child health goals that they’re now on their own. Their funding will instead go to 24 countries where mothers and children are still dying at alarming rates.
Wednesday, June 25, 2014 — No Region Specified

Ours To Own Denver Campaign Launches at Clinton Global Initiative America

Source: PRWeb

Calvert Foundation and local partners announce the Ours To Own campaign, enabling Metro Denver residents to invest in their city.
Wednesday, June 25, 2014 — No Region Specified

PRESS RELEASE: Citi, OPIC and ACBA Credit Agricole Bank Support the Growth of the Microfinance Sector in Armenia

Source: 3BL Media

New York, NY, June 24, 2014 /3BL Media/ – Citi and the Overseas Private Investment Corporation (“OPIC”) today announced a $10 million lending facility, using their existing framework partnership, to support the growth of ACBA Credit Agricole Bank’s agribusiness microfinance portfolio in the Republic of Armenia.
Wednesday, June 25, 2014 — No Region Specified

Impact Investing: $1.5 Billion in Commitments and a New Resource for Policymakers

Source: Huffington Post Impact

It's a great week for impact investing. At the White House roundtable on impact investing today, corporations, banks, foundations, and individuals including Prudential, Capricorn Investment Group and the Omidiyar Network committed to invest more than $1.5 billion in new capital into companies and funds that strive to generate positive financial and social returns. US government agencies, including the Small Business Administration, USAID and Treasury, also announced programs to support impact investments and social enterprises.
Wednesday, June 25, 2014 — South Asia

The Slumdog Millionaire Architect

Source: The New York Times

The offices of Hafeez Contractor, India’s most commercially successful architect, are on Bank Street, just around the corner from the Mumbai Stock Exchange.
Tuesday, June 24, 2014 — No Region Specified

OPINION: Equity crowdfunding in U.S. is a disaster waiting to happen

Source: Slate

Equity crowdfunding was supposed to be an economic boon. Instead it’s a disaster waiting to happen.
Tuesday, June 24, 2014 — No Region Specified

Want To 'Scale' Social Impact? Then Give Away Your Trade Secrets

Source: Forbes

If the ecosystem of social change were an orchestra, social enterprise would be an amped-up brass section drowning out all the other instruments and any semblance of nuance.
Monday, June 23, 2014 — No Region Specified

Foreign Aid Isn't Charity. It's an Investment

Source: Business Week

One of the few bright spots of bipartisanship on Capitol Hill of late has been in global development. The House recently passed a bill to support President Clinton’s Power Africa initiative, which is designed to boost access to electricity across six countries in the region. Both houses also managed to reauthorize PEPFAR—the President’s Emergency Fund for AIDS Relief— which provides antiretrovirals toalmost 7 million people worldwide.
Monday, June 23, 2014 — No Region Specified

Cleantech in the developing world: from solar power to refrigeration

Source: The Guardian

For a growing number of companies, cleantech promises innovations and opportunities at the base of the pyramid
Monday, June 23, 2014 — South Asia

Cisco Investments announces $40 million fund for early-stage firms in India

Source: Economic Times India

BANGALORE: Cisco Investments has set aside $40 million (Rs 240.9 crore) to invest in early stage Indian startups focused primarily on three verticals--connected mobility, big data and internet of things.
Friday, June 20, 2014 — No Region Specified

USAID, Keurig Green Mountain, Cooperative Coffees, Starbucks and Root Capital Launch $23 Million Fund to Fight Coffee Rust

Source: Root Capital blog

The U.S. Agency for International Development (USAID), in partnership with Keurig Green Mountain, Inc., Cooperative Coffees, Starbucks and Root Capital, today launched the Coffee Farmer Resilience Fund to leverage $23 million in financial assistance for more than 40,000 coffee farmers combatting the devastating coffee rust outbreak in Latin America and the Caribbean. Since 2012, coffee rust has affected more than two million people in Latin America, causing an estimated $1 billion in economic damages which could lead to 500,000 job losses.
Friday, June 20, 2014 — No Region Specified

World Bank gives $1.4 mn in grants to 12 social enterprises in the Northeast

Source: Business Today

The World Bank's Development Marketplace, a competitive grants programme, has given grants worth $1.4 million (about Rs 8.4 crore) to 12 social enterprises in the northeastern states of Assam, Meghalaya and Mizoram for development activities.
Friday, June 20, 2014 — No Region Specified

Growing ranks of high net-worths committed to social investment

Source: Blue&GreenTomorrow

The number of high net-worth individuals (HNWI), those that have $1 million (£0.6m) or more of investable assets, has grown worldwide by 15% in the last year and the overwhelming majority are seeking to use their money to have a positive social impact.
Friday, June 20, 2014 — No Region Specified

Myanmar: Adjusting for growth in the financial sector

Source: Oxford Business Group

Authorities in Myanmar are determined to foster economic progress and have placed financial inclusion on their list of priorities.
Friday, June 20, 2014 — No Region Specified

Woori to buy Cambodian microfinance institution

Source: Korea Herald

Woori Bank has decided to acquire Cambodia’s microfinance institution Malis Finance for 5 billion won ($4.9 million) to accelerate its global expansion.
Friday, June 20, 2014 — No Region Specified

Singapore Billionaire Bets Big on Energy in Africa, Asia

Source: Business Week

In September 2007, almost a year after New Zealand–born billionaire Richard Chandler founded investment firm Orient Global in Singapore, he made a rare appearance at a forum on social responsibility.
Thursday, June 19, 2014 — No Region Specified

Infuse Ventures, Intellecap Impact Investment Network invest Rs 3 crore in solar startup Surya Power

Source: The Economic Times

MUMBAI: Intellecap Impact Investment Network (I3N) andInfuse Ventures have invested $500,000, or Rs 3 crore, in Coimbatore-based solar-agriculture startup Surya PowerMagic.
Thursday, June 19, 2014 — No Region Specified

Joining Forces for Impact Investing and ESG at TBLI CONFERENCE USA 2014.

Source: Press Release

Amsterdam, 19 June 2014 TBLI CONFERENCETM, dedicated to building a community of ESG (Environmental, Social and Governance) and impact investors, held its second USA conference on 29 and 30 May in New York.
Thursday, June 19, 2014 — No Region Specified

Xpress Money Joins Hands with Safaricom to Boost Mobile Remittances in Kenya

Source: Market Watch

Xpress Money, the world's most dependable money transfer brand, today announced its tie up with Safaricom to offer money transfer services on the latter's popular M-PESA platform in Kenya.
Thursday, June 19, 2014 — Sub-Saharan Africa

Nigeria: Stakeholders Raise Concern Over Slow Adoption of Mobile Money

Source: AllAfrica

Stakeholders at the ongoing Card, ATM and Mobile Expo, which opened in Lagos on Tuesday, have raised concern over the slow adoption of the mobile money payment system in the country.
Thursday, June 19, 2014 — No Region Specified

World Bank Group offers $1.4m to 12 social enterprises in North-East

Source: The Hindu Business Line

The World Bank Group will give $1.4 million to 12 social enterprises in the North-East, working on access to affordable healthcare services, education, water and sanitation services.
Wednesday, June 18, 2014 — No Region Specified

Why the Michael and Susan Dell Foundation is Investing in This Indian Lender

Source: Inside Philanthropy

This spring, the Michael & Susan Dell Foundation invested $500,000 in IntelleGrow, an Indian company that provides customized debt finance to small and growing businesses in India to support small- and medium-enterprise (SME) startups.
Wednesday, June 18, 2014 — South Asia

KKR To Invest $200m In Ethiopian Flower Business

Source: Ventures Africa

VENTURES AFRICA – New-York based global private equity company; KKR & Co. has expressed interest in buying a percentage of leading Ethiopian flower company, Afriflora which grows about 730 million flowers for export yearly.
Wednesday, June 18, 2014 — No Region Specified

MIT D-Lab to launch industry collaboration this fall

Source: MIT News

The "Practical Impact Alliance" will connect corporations, academic institutions, social ventures, and nongovernmental organizations to scale poverty solutions worldwide.
Monday, June 16, 2014 — No Region Specified

Solar Crowdfunding Platform SunFunder Join’s Power Africa’s Beyond the Grid

Source: Crowdfund Insider

The US Government, under the aegis of the Obama administration, has formally launched Power Africa to increase energy access to those in need in sub-Saharan Africa. SunFunder is one of the founding partners of the initiative and joins an august group that includes another solar crowdfunding platform Mosaic.
Friday, June 13, 2014 — No Region Specified

Vatican Conference examines how impact investing can serve the poor

Source: Vatican Radio

(Vatican Radio) A two-day symposium in the Vatican this week is examining “impact” investing and how it can serve the poor. Entitled “Investing for the Poor”, the conference (from June 16-17) is being jointly sponsored by the Pontifical Council of Justice and Peace, Catholic Relief Services and the Mendoza College of Business from the University of Notre Dame.
Friday, June 13, 2014 — No Region Specified

Tide turns for Belu as ethical water goes global

Source: The Telegraph

Belu boss Karen Lynch has taken the social enterprise from losses of £1.9m to a fast-growing brand, which generates over £500,000 for WaterAid
Thursday, June 12, 2014 — No Region Specified

Who Wants to Be a Trillionaire?

Source: Huffington Post

Imagine what the world would look like if impact investing had the same mainstream acceptance as value investing?
Thursday, June 12, 2014 — No Region Specified

D-Lab Scale-Ups awards $60,000 to three MIT social entrepreneurs

Source: MIT News

Sidhant Pai, Zehra Ali, and Matthew Orosz to receive funding and mentorship over 12-month fellowship.
Tuesday, June 10, 2014 — No Region Specified

Four in five investors consider sustainability issues – PwC survey

Source: Blue & Green Tomorrow

Four in five investors have looked at sustainability issues in one or more investment contexts in the last year, according to research from PwC. However, investors also cited dissatisfaction with current reporting standards.
Tuesday, June 10, 2014 — No Region Specified

The experimenters strike back in microcredit research

Source: The Economist

“GIVE a man a fish”, said Bono, an Irish singer turned philanthropist, “he’ll eat for a day. Give a woman microcredit, she, her husband, her children and her extended family will eat for a lifetime."
Tuesday, June 10, 2014 — No Region Specified

MIGA and OPIC team to unlock investments in African agriculture

Source: Devex

A new partnership between a U.S. government agency, a World Bank Group member and a private equity fund plans to help about half a million small-scale farmers boost yields and improve food security in sub-Saharan Africa.
Tuesday, June 10, 2014 — South Asia

World Bank to offer transition support of $3.5 billion to India for infrastructure, education initiatives

Source: Economic Times India

NEW DELHI: The World Bank will continue its concessional lending meant for poorer countries to India and has also significantly upped the country's single-borrower limit, looking to provide a helping hand to the new government in taking forward its agenda on infrastructure, skilling, river cleaning and tourism.
Monday, June 9, 2014 — No Region Specified

Put Your Money Where Your Mouth Is: 4 Ways to Invest With a Conscience

Source: Wall St. Cheat Sheet

For many people, investing has become more than just a way to make money or plan for long-term financial security.
Friday, June 6, 2014 — No Region Specified

Impact Investing: Not Just For Billionaires

Source: Forbes

Foundations just make grants, correct? Not necessarily. Grants are becoming one option in a more complex menu of financial tools for the social sector.
Friday, June 6, 2014 — No Region Specified

5 myths socially conscious entrepreneurs need to ignore

Source: Fast Company

A series of powerful forces are changing business as we know it. From the speed of communication to information accessibility, all lead to increased transparency and a more global perspective.
Friday, June 6, 2014 — No Region Specified

In global health, is 'disruption' a good thing?

Source: Devex

What makes for a sound investment in global health? The answer is more complicated than you might think.
Friday, June 6, 2014 — No Region Specified

Why ‘Impact Investing’ Is The New Trend In Asian Markets

Source: Business Insider

Michael Douglas' famous words from the 1987 movie Wall Street were 'Greed is good' and this quote has been the mantra for free market pundits and capitalist businessmen ever since.
Thursday, June 5, 2014 — No Region Specified

Market solutions to Cambodia's toilet troubles

Source: IRIN News

PHNOM PENH, 5 June 2014 (IRIN) - Having money in your pocket does not translate into a toilet in your home, so Cambodian sanitation campaigners are trying new ways to encourage latrine construction in a country where years of awareness and subsidy campaigns have not been flush with success.
Wednesday, June 4, 2014 — No Region Specified

IAN partners SIDBI & Germany’s GIZ to launch incubation programme for social enterprises in India


Indian Angel Network (IAN), a national network of angel investors that invests in startups and early-stage ventures, has launched an incubation programme to empower entrepreneurs in building sustainable and scalable businesses in the social impact space.