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IFC Invests ZAR 1 Billion in Balwin Properties to Support Quality Housing in South Africa
IFC’s investment is expected to promote job creation and economic growth through its impact on the local community and surrounding areas.
- Categories
- Investing
- Region
- Sub-Saharan Africa
- Tags
- employment, housing, supply chains
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Latin America-Based Corporate Travel Startup Onfly Raises $40 Million
"Onfly, founded in 2018, aims to streamline and digitize corporate travel and expense management . . . "
- Categories
- Investing
- Region
- Latin America
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$40 Billion Africa Energy Fund to Boost Clean Cooking Access and Energy Transition
The fund focuses not only on expanding electrification but also on addressing the urgent need for clean cooking solutions.
- Region
- Sub-Saharan Africa
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African Development Bank, AU Partner to Launch $300 Million Innovation Fund for Africa’s Tech Future
"The announcement of the innovation fund comes at a time when African countries are seeking sustainable ways to recover from the economic setbacks caused by the COVID-19 pandemic and ongoing global financial uncertainties."
- Categories
- Education, Investing, Technology
- Region
- Sub-Saharan Africa
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New Analysis Points the Way Toward the Most Effective Impact Investments and a Need for Better Data
"With impact investment assets under management approaching $1.6 trillion, the industry needs to build better analytical methods to make the most of every penny. A new approach from the Global Impact Investing Network may show a way forward, but the need remains for more, better, and more widely shared data."
- Categories
- Investing
- Region
- Global
- Tags
- data, impact investing
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Ethiopian Securities Exchange, FSD Africa, and FSD Ethiopia Partner to Strengthen Capital Markets
Following the successful launch of ESX, this partnership will establish a framework between the three organizations to pool in their resources and efforts towards targeted market development activities.
- Categories
- Investing
- Region
- Sub-Saharan Africa
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Deutsche Bank’s DWS Fined $27 Million for Greenwashing
The announcement concludes a long-standing greenwashing saga for the asset manager, which began in August 2021, with allegations by DWS’ former sustainability chief Desiree Fixler that the firm misrepresented in its annual report.
- Categories
- Investing
- Region
- Europe & Eurasia
- Tags
- climate change, ESG, greenwashing
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Ending the Vicious Circle in PAYGo Solar: How Companies and Investors Can Move the Sector Toward ‘PAYGo 2.0’
The Pay-As-You-Go (PAYGo) solar industry is facing decreases in both sales and investment capital, as rising customer default rates are driving a vicious circle of worsened unit economics and higher product prices. However, as Dan Murphy and Willem Nolens at PAYGo Lab explain, some companies are thriving by implementing systems to improve customer selection, education and support — an approach often referred to as "PAYGo 2.0." They analyze the industry’s challenges and share key lessons and best practices that can enhance its operational efficiency, financial resilience and sustainable growth.
- Categories
- Energy, Environment, Finance, Investing
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