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The ABC Funds Invests $1 Million in High Impact Ag-Tech Apollo Agriculture
The Agri-Business Capital Fund (ABC Fund) has invested USD1 million in Apollo Agriculture (Apollo), a Kenyan ag-tech which uses machine learning and automated operations technology to help small scale farmers access the resources they need to maximise their profitability.
- Categories
- Agriculture, Investing, Technology
- Region
- Sub-Saharan Africa
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ACME Solar Attracts Equity Investment in New India Project
One of India’s leading independent power producers in the solar energy sector, ACME Solar, has signed a shareholders’ agreement to develop a 250-megawatt solar power project located in Rajasthan, India.
- Region
- Asia Pacific
- Tags
- ESG, renewable energy, SDGs
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Airbnb.org Launches $25 Million Fund to Support Refugees and Asylum Seekers
Airbnb.org announces Refugee Fund, a fundraising initiative to expand Airbnb.org’s support of refugees and asylum seekers worldwide.
- Categories
- Investing
- Region
- Global
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IKEA, Rockefeller Foundations Partner over $1 Billion Global Platform to Fight Climate Change
The IKEA Foundation and The Rockefeller Foundation have partnered to form a $1 billion global platform to fight climate change.
- Categories
- Energy, Environment, Investing
- Region
- Global
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Creativity, Culture and Capital: Why Impact Investors Should Recognize the Untapped Potential of the Global Creative Economy
Impact investors have been overlooking a large and rapidly growing sector, one driven by women, youth and other overlooked workers and entrepreneurs and aligned with many key impact priorities: the creative economy. Laura Callanan at Upstart Co-Lab, Fran Sanderson at Nesta and Carolina Biquard at Fundación Compromiso explain why the industry is a powerful force for social and economic development, and share insights from a recent report from Creativity, Culture & Capital, a new initiative that seeks to develop the global creative economy through impact investing.
- Categories
- Investing, Social Enterprise
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Press Release: The Build Fund Makes Inaugural Investment in East African off-Grid Solar Energy Solutions Distributor
The BUILD Fund (BUILD), an impact fund created in partnership between Bamboo Capital Partners (Bamboo) and the United Nations Capital Development Fund (UNCDF), has made its inaugural investment, providing a USD500,000 working capital facility for Mwezi, a Kenyan distributor of solar products.
- Region
- Sub-Saharan Africa
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Apna Raises $70 Million in Series B Funding From Insight Partners and Tiger Global at $570 Million Valuation
Apna will use the proceeds to strengthen its presence in existing cities and expand pan-India over the next 6 months to help restart India’s economy as it recovers from the COVID-19 pandemic.
- Categories
- Coronavirus, Investing, Technology
- Region
- Asia Pacific
- Tags
- edtech
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Press Release: G7 Development Finance Institutions and Multilateral Partners to Invest over $80 Billion into African Businesses over the Next Five Years
The G7 DFIs, the IFC, the private sector arm of the African Development Bank, EBRD, and the EIB today announced that they were committed to investing $80 billion in the private sector over the next five years to support sustainable economic recovery and growth in Africa.
- Categories
- Coronavirus, Finance, Investing
- Region
- Sub-Saharan Africa
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