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New $500 Million Co-Impact Fund Leverages Collaborative Philanthropy for Systems Change
Jeff Skoll joins Richard Chandler, Bill and Melinda Gates, Dr. Romesh and Kathy Wadhwani, and The Rockefeller Foundation in this landmark effort.
- Categories
- Investing
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Press release: 20 Top African Start-Ups Enter World Bank Group Digital Acceleration Program
Selected from a pool of over 900 applicants, these start-ups specialize in digital solutions for the African market, including fin-tech, transportation, health care, education, human resources, and B2B. All companies provide a digital product or service currently available in one or more African markets and show potential to scale across the region.
- Categories
- Investing
- Region
- Latin America
- Tags
- accelerators, startups
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Aavishkaar raises $95 million in first close of largest impact investment fund
The firm intends to raise $200 million for the fund, which will make it the largest impact investment fund raised by a homegrown asset manager. Aavishkaar expects to achieve the final close of the fund in the next 12-18 months, said Rai.
- Categories
- Investing
- Region
- South Asia
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Too Much Money Chasing Too Few Deals? Why the Creative Economy Could Be the Next Big Focus for Impact Investing
Even with the many diverse focuses of impact investing these days, something is missing, says Laura Callanan of Upstart Co-Lab. She argues that investors are overlooking the creative economy, and that the impact sector should focus its attention on art, design, music, entertainment, fashion, food and more – a global economy worth $2.25 trillion that's the source of 29.5 million jobs.
- Categories
- Investing
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Press release: Village Capital, PayPal launch African fintech investment readiness program
Global venture capital (VC) firm Village Capital has collaborated with US payment platform PayPal to launch a three-month investment readiness program, Village Capital Fintech Africa 2018.
- Region
- Sub-Saharan Africa
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Trump commits to reforming US development finance
The idea that the U.S. may get a new or reformed development finance corporation, which Devex previously reported, seems to be gaining momentum both in the administration, with this speech, and in Congress.
- Categories
- Investing
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Press release: More Capital Flows in Africa and Latin America as Two New Impact Fund Managers Join the Capria Network
Since launching in 2015, Capria has reviewed more than 425 fund proposals and selected 11 fund managers who form the Capria Network. Capria’s two new fund managers are enabling significant impact in Africa and Latin America.
- Source
- Press release
- Categories
- Investing
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Report: More Entrepreneurs Focused on Impact Through Their Business, Investments
Thirty-nine percent of global entrepreneurs consider positive impact core to how they assess business performance, up from 10% two years ago. In the U.S., 51% of entrepreneurs consider themselves to be responsible investors.
- Categories
- Investing
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