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International Finance Corporation , Absa Partner To Boost Trade Finance in Sub-Saharan Africa
The International Finance Corporation (IFC) has welcomed South African financial services provider Absa Bank to its Global Trade Liquidity Program (GTLP) to boost access to trade finance in sub-Saharan Africa.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Why The OG Of Impact Investing Won’t Stop
When Jacqueline Novogratz started Acumen in 2001, the idea of “impact investing” was not well received by traditional financial firms. Today, Acumen has invested more than $135 million in more than 100 social enterprises worldwide and has shaped a model that’s been adopted by even the most adamant naysayers.
- Categories
- Investing, Social Enterprise
- Region
- Global
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DrugStoc Secures $4.4 Million in Series A Funding To Boost Expansionary Drive
Nigerian e-health pharmaceutical distribution startup, DrugStoc has secured $4.4 million in a Series A funding round.
- Categories
- Health Care
- Region
- Sub-Saharan Africa
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Africa’s COVID-19 Response: It’s All About the People on the Ground
High rates of infection are setting Africa back but young innovators across the continent are deploying a social entrepreneurship skillset to fight the pandemic from the ground up.
- Categories
- Coronavirus, Health Care, Social Enterprise
- Region
- Global
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Zomato Backs Shiprocket, Magicpin and Curefit, Plans To Invest $1 Billion in More Startups in Next Two Years
Indian food delivery firm Zomato, which went public earlier this year, is making a series of investments in startups as it looks for ways to inorganically expand its business in the world’s second-largest internet market.
- Categories
- Investing
- Region
- Asia Pacific
- Tags
- impact investing, startups
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Press Release: Opportunity International and Oikocredit Announce USD $100 Million Impact Investment Agreement to Advance the Education Sector in Low-income Countries
Opportunity International and Oikocredit announced an innovative, three-year collaboration to increase access to and quality of education in low-income countries through the investment of up to USD $100 million in financial institutions.
- Region
- Global
- Tags
- ESG, impact investing
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Grindstone Ventures Launches $6.5 Million VC Fund for South Africa Tech SME Development
Grindstone Ventures has launched a $6.5 million fund dedicated to seed funding predominantly South African innovative technology startups who have completed, or are part of, its Grindstone Accelerator programme.
- Categories
- Investing
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Fidelity, Visa and Kingsway Back South African Fintech Jumo in $120 Million Round
JUMO, a South Africa- and London-based company that offers financial services to entrepreneurs and businesses in emerging markets, has raised $120 million in a new round of funding led by Fidelity Management & Research Company.
- Categories
- Finance, Investing, Technology
- Region
- Sub-Saharan Africa