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The Growing Urgency of Funding Off-Grid Solar: Exploring the Multi-Billion Dollar Investment Opportunity in Achieving Climate and Energy Access Goals
The off-grid solar industry currently serves 420 million people, while enabling remote and vulnerable populations to adapt to climate change. But as Koen Peters at GOGLA points out, financial flows into the sector have stalled over the last five years, and it is not receiving anywhere near the funding it needs to fulfill its potential. He explores the momentum and impact of off-grid solar, discussing why much faster progress – and much greater funding – is needed for the sector to address the increasingly urgent challenges of climate change.
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Tiger Global and Greycroft Back Nigerian Investment App Bamboo in $15 Million Round
The average Nigerian only has a handful of ways to save and invest. Building a portfolio of stocks, particularly U.S. stocks, is one way they can hedge against inflation and currency devaluation.
- Region
- Sub-Saharan Africa
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Norrsken, VCs and 30 Unicorn Founders Set Up $200 Million Fund to Back Growth-Stage Startups in Africa
Niklas Adalberth’s Norrsken Foundation is in the news again barely two months after opening its Norrsken House in Kigali, Rwanda, which plans to accommodate thousands of entrepreneurs by next year.
- Categories
- Investing
- Region
- Sub-Saharan Africa
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Founders Fund Backs Vest, a Startup Out to Give Latin Americans a Bridge to Investing in the US Stock Market
Latin Americans seeking the ability to invest in companies trading on the Nasdaq and New York Stock Exchange now have a new option in Vest, a startup that has launched a mobile-first brokerage app with zero-commission trading in the Americas.
- Region
- Latin America
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TLcom Capital Raises $70 Million to Back African Tech Startups
TLcom Capital, a venture capital firm, says it has secured $70 million for its $150 million funding to invest in African tech-enabled businesses.
- Categories
- Investing
- Region
- Sub-Saharan Africa
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Aavishkaar Capital and KfW Launch $250 Million ESG Fund
The ESG First Fund will invest in mid-cap businesses in Africa and Asia, helping them meet ESG goals for access to European markets.
- Categories
- Investing
- Region
- Asia Pacific
- Tags
- ESG, governance, impact investing
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HDFC Capital Announces Initial Close at $1.88 Billion for Its Affordable Housing Fund
HDFC Capital, a wholly-owned subsidiary of HDFC Ltd and acting as an investment manager, has successfully achieved the initial close of its third fund focused on affordable housing.
- Categories
- Investing
- Region
- Asia Pacific
- Tags
- housing, impact investing
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Announcing Our New Series: NextBillion’s Most Influential Articles
NextBillion runs our "Most Influential Articles" contest at the end of each year, in which we select 12 of our most-read articles from the previous year and invite readers to vote for their favorites. Since 2021 marked the 10th year of the contest, we're commemorating a full decade of thought-provoking analysis and opinion from entrepreneurs, investors, researchers and others in the emerging markets business and social enterprise sectors with a new series highlighting all of NextBillion’s Most Influential Articles from 2012 to today.
- Categories
- Agriculture, Coronavirus, Energy, Finance, Health Care, Impact Assessment, Investing, Social Enterprise, Technology
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