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Interview: Can Business Solve Global Problems? Lessons From Abraaj
Devex spoke with Simon Clark, a reporter for The Wall Street Journal who covered the story and recently co-authored a book about it, titled “The Key Man: The True Story of How the Global Elite Was Duped by a Capitalist Fairy Tale.”
- Categories
- Investing
- Region
- Sub-Saharan Africa
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Analysis: The Thorny Truth About Socially Responsible Investing
It’s easier than ever to invest ethically — or, at least, to be told by marketers you are. Whether you’re actually doing it is harder to figure out.
- Categories
- Investing
- Region
- Global
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DFC Surpasses $6.7 Billion in Commitments in 2021 During Record Fiscal Year
U.S. International Development Finance Corporation (DFC) today announced it committed $6.7 billion to support private sector development projects in Fiscal Year (FY) 2021 ended September 30, representing the largest level of financial commitments in a single year in 25 years.
- Categories
- Investing
- Tags
- infrastructure
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Robotic Startup Ishitva Raises Over $1 Million in Pre-Series A Round in India
Ishitva’s model is particularly innovative as they are leveraging cutting-edge technology to sort out the waste which is already being generated.
- Categories
- Investing, Technology, WASH
- Region
- Asia Pacific
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India’s Social Stock Exchange is Coming: Key Considerations to Maximize its Impact
India faces an estimated annual financing gap of US $565 billion in achieving its SDG targets. But while impact investment in the country is growing, it is still nowhere near those levels – and Indian social enterprises face substantial financing gaps of their own. Manali Jain at MSC and Mohit Saini at Tufts University Investment Office explore how a social stock exchange could help address this need, discussing India’s ongoing efforts to establish such an exchange, how it can benefit both social enterprises and impact investors – and how the government can maximize its success.
- Categories
- Investing, Social Enterprise
- Tags
- impact investing, SDGs
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Google Sets up $50 Million Fund To Invest in African Startups
Google plans to invest up to $50 million in African early- and growth-stage startups via its Africa Investment Fund, ramping up efforts to support more businesses on the continent.
- Categories
- Investing
- Region
- Sub-Saharan Africa
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Press Release: DPI Raises One of the Largest Africa Funds at US $900 Million to Invest in Innovation-Led Companies
ADP III will invest in established and growing companies in industries that benefit from Africa’s fast-growing middle class and the increasing digital transformation of the continent.
- Categories
- Investing
- Region
- Sub-Saharan Africa
- Tags
- ESG, impact investing, SDGs
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Sun Exchange Secures $2.5 Million Convertible Note Financing
The latest investment enables Sun Exchange to continue scaling its success using its crowd-based solar leasing platform to facilitate solar power for small-to-medium organisations in Sub-Saharan Africa,
- Region
- Sub-Saharan Africa
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