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Google’s Africa Investment Fund Makes First Investment in Uganda’s SafeBoda
Internet giant Google announced that it has made the first investment from its Africa Investment Fund in Ugandan super app SafeBoda.
- Categories
- Investing
- Region
- Sub-Saharan Africa
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Medical Credit Fund Raises USD 36.6 Million to Support Health Entrepreneurs in Sub-Saharan Africa
This financing round will expand the Fund’s presence and support to healthcare providers in sub-Saharan Africa, with a focus on primary healthcare services, including malaria prevention and treatment as well as maternal and childcare.
- Categories
- Health Care, Investing
- Region
- Sub-Saharan Africa
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Vote for NextBillion’s Most Influential Article of 2021
As an open forum for emerging markets business, NextBillion publishes around 150 original, guest-written articles per year, covering enterprises, innovations, challenges and opportunities across multiple sectors and geographies. Each December we select the 12 most-read articles of the past year to include in our "Most Influential Article of the Year" contest. We invite you to vote for the article that impacted you the most in 2021. You can vote up to one time per hour during the two-week voting period, which runs from Dec. 20 to Jan. 2.
- Categories
- Agriculture, Coronavirus, Energy, Finance, Impact Assessment, Investing, Technology
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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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