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Press Release: G7 Development Finance Institutions Create Platform to Boost Investment in Fragile States
New DFI collaboration will support the Build Back Better World (B3W) Initiative designed to boost investment in fragile and conflict-affected states in Africa.
- Categories
- Investing
- Region
- Sub-Saharan Africa
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Walmart-owned Flipkart Invests $145 Million in Agritech Startup Ninjacart
As e-grocery picks up momentum in India, Walmart-owned Flipkart on Monday announced to invest $145 million in agritech startup Ninjacart, which has helped over 1,00,000 farmers across 150 villages to generate better revenues.
- Categories
- Agriculture, Investing, Technology
- Region
- Asia Pacific
- Tags
- impact investing
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Universal Energy Access is Within Reach — If the Sector Survives COVID-19: Here’s How Funders Can Help
Before COVID-19 struck, the energy access sector was booming, delivering renewable power to 470 million people, creating 370,000 jobs and avoiding 74 million metric tons of greenhouse gas emissions over the past decade. But as Sarah Bieber at Acumen and Henry Gonzalez at Green Climate Fund point out, the pandemic has put that progress at risk, as dwindling investment, decreased customer income and dramatic price increases have created a crisis for energy access companies. They explore how funders can help get the sector back on track.
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Scale Is Overrated: Why the ‘Unicorn Industrial Complex’ is Holding Back Social Enterprise and Emerging Markets Business
Social enterprises and small and growing businesses (SGBs) are the focus of a lot of discussion and excitement in the development sector, as seen in recent SGB coverage on NextBillion and other publications. But Jack Foreman at Foresee Advisors argues that this discussion ignores the needs – and essential natures – of the vast majority of these businesses, particularly in emerging markets. He explains why the focus on scale – and investors' search for the next potential "unicorn" startup – overlook the crucial importance of SMEs that are content to remain small or medium-sized.
- Categories
- Investing, Social Enterprise
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Press Release: DAI Acquires International Asset Management Firm, MicroVest
Acquisition in high-growth ESG/impact investing arena enhances DAI's ability to spur investment in emerging and frontier economies
- Categories
- Investing
- Region
- Global
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4DX Ventures and Flutterwave Co-invest in Payments Processor CinetPay in Africa
CinetPay, a digital finance platform that enables merchants in Francophone Africa to seamlessly accept and make payments, has announced a $2.4 million seed fundraising round from 4DX Ventures and Flutterwave.
- Categories
- Investing, Technology
- Region
- Sub-Saharan Africa
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Press Release: New Impact-linked Fund To Boost Inclusive And Equitable Education for Vulnerable Children And Youth in MENA and West Africa
The Swiss Agency for Development and Cooperation (SDC) Kickstart the innovative “Impact-Linked Fund for Education” which Targets high-impact enterprises improving learning outcomes.
- Region
- Global
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Google.org Announces $1.3 Million in Grants To Equip Persons With Disabilities, Women and Refugees With Digital Skills in the Middle East and North Africa
Google.org, Google’s philanthropic arm, announced grants totaling USD 1.3 million for three non-profit organizations in the Middle East and North Africa to help equip entrepreneurs and job seekers with digital skills over the next two years.
- Categories
- Investing
- Region
- Global
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