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Latin America Venture Capitalists Nazca, Bridge Merge to Combine $300 Million in Assets
Venture capital firms Nazca and Bridge announced a merger that will combine assets worth over $300 million, in an effort to expand their footprint in Latin American startups.
- Categories
- Investing
- Region
- Latin America
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Shifting from Aid to Entrepreneurship: A Better Response to Forced Displacement
In 2024, the number of forcibly displaced people worldwide reached nearly 123 million. According to Mary Mwangi at Inkomoko, this growing reality, coupled with shrinking humanitarian aid, demands a new response. Instead of seeing forcibly displaced people as passive recipients of aid living in costly refugee camps, she urges the global development sector to view them as individuals with entrepreneurial drive and economic potential. She explores how Inkomoko is working to empower displaced entrepreneurs in Africa through financing, skill development and access to markets.
- Categories
- Investing
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Saudi Arabia’s IsDB Commits Over $1.4 Billion to Advance Development Goals Across Eight Member Countries
Approved projects in food security, health, education, and transportation support achieving the SDGs.
- Categories
- Investing
- Region
- Sub-Saharan Africa
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Miliband Calls on CEOs to Fill Gap Left by Cuts to Government Aid Budgets
Companies have a self-interest in helping to address problems governments are retreating from.
- Categories
- Investing
- Region
- Global
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Analysis: An Opportunity to Build, In the Crisis
As philanthropy rallies to the defense of the nonprofit sector, how money is spent is as important as how much.
- Categories
- Investing
- Region
- Global
- Tags
- NGOs, nonprofits, philanthropy, scale
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IFC and IDB Invest Forge Partnership with Itaú Unibanco to Issue First Bond with a Focus in Biodiversity and Social Initiatives in Brazil
This marks Itaú's first bond with a focus on biodiversity, aimed at increasing access to credit for green projects.
- Categories
- Environment, Investing
- Region
- Latin America
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Nigeria Readies $40 Million Startup Seed Fund Backed by Japan
Nigeria had a thriving startup ecosystem even before the startup law was passed, raising more than $2 billion between 2015 and 2022.
- Categories
- Investing
- Region
- Sub-Saharan Africa
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SEforALL Global Forum Mobilized Over $900 Million for Clean Energy
Sustainable Energy for All (SEforALL) has announced the mobilization of more than $900 million to scale energy access and drive the clean energy transition.
- Region
- Sub-Saharan Africa