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Tendenube Becomes the New Unicorn in Mexico After Receiving an Investment of US $500 Million
The ecommerce platform Trendenube received a new round of investment for 500 million dollars, making it the new unicorn in Mexico
- Categories
- Investing
- Region
- Latin America
- Tags
- e-commerce, startups
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A ‘Winning’ Approach to Corporate Social Responsibility: How Companies Can Get Started in Prize Philanthropy
Corporations have dramatically increased corporate social responsibility over the past several years, but much of their philanthropy still focuses on the same set of approaches: matching gifts, volunteer support and sponsorships. Renee Karibi-Whyte of Rockefeller Philanthropy Advisors explores an alternative model that can meet that same goals while also spurring innovation, generating excitement and driving publicity: prize philanthropy. She shares insights from a recent guide that can help corporations determine if prize philanthropy is their best option and develop an effective approach.
- Categories
- Investing
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Going Beyond Capital: How Impact Investing Can Become More Accessible and Inclusive
There's a troubling trend in the impact investing sector: Despite growing awareness of the need for more socially conscious investing, most investors don't know how to get started — and they often don't realize the breadth of opportunities they have to make an impact. Eva Yazhari of Beyond Capital Ventures explores ways to make this young industry more accessible, and explains how investors can — and should — address the bias and exclusivity that are preventing impact investing from maximizing its potential.
- Categories
- Investing
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Female-Owned Battery Manufacturer Secures $1.3 Million Investment in South Africa
A South African black empowered female-owned SME, I-G3N, which develops lithium-ion batteries, has successfully raised $1.3 million in investment.
- Categories
- Investing
- Region
- Sub-Saharan Africa
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Nigerian E-commerce Startup, Omnibiz, Secures $3 Million Seed Round To Expand Across West Africa
Nigeria-based Business to Business (B2B) eCommerce startup, Omnibiz has announced securing $3 million in a seed round.
- Categories
- Finance, Investing, Technology
- Region
- Sub-Saharan Africa
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Press Release: Tideline Publishes Guide to Using the Impact Investment Label
Tideline's 'Framework for Impact Labeling' helps investors communicate their approach to sustainable investing.
- Categories
- Environment, Impact Assessment, Investing
- Region
- Global
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Nigerian Angel Investor Olumide Soyombo Co-Launches Fund to Bridge Funding Gap for African Startups
After years of investing on his own, Nigerian angel investor Olumide Soyombo is launching his own venture to support African-based startup companies.
- Categories
- Investing, Technology
- Region
- Sub-Saharan Africa
- Tags
- impact investing, startups
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Improving the Outcomes-Readiness of Implementors – A Key Step Towards Scaling Results-Based Financing
With less than a decade left to achieve the Sustainable Development Goals, the development financing gap has widened. According to Gagandeep Nanda at Dalberg and Dhun Davar and Sietse Wouters at UBS Optimus Foundation, results-based financing can provide a solution. But though organizations have high interest in participating in results-based financing, many are not ready to take on funding that is tied to outcomes instead of inputs and activities. They share five characteristics of effective outcomes-ready implementing organizations, and five ways these groups can be set up for success.
- Categories
- Impact Assessment, Investing
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