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Kotani Pay Secures $2 Million Pre-Seed Funding for Cross-Border Crypto Remittances in Africa
Kotani Pay, a Nairobi-based crypto payments startup, secures $2 million pre-seed funding to facilitate cross-border remittances for underserved populations in Africa.
- Categories
- Finance, Investing, Technology
- Region
- Sub-Saharan Africa
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Rethinking Scale in Agribusiness: An Impact Investor Explores the Massive Benefits of Being Small
Many impact investors have adopted the mindset of traditional venture capital, seeking out companies with the potential to reach millions of customers. But Chris Wayne and Coco Lim at Acumen argue that this single-minded focus on scale ignores the realities of agribusinesses in emerging markets, and overlooks small businesses' potential to make a deeper impact. They explore why impact investors should focus on more than just the number of "lives impacted” by their agriculture investments, moving toward a more nuanced understanding of scale in this crucial sector.
- Categories
- Agriculture, Investing, Social Enterprise
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Black Ostrich Ventures Launches $20 Million Fund to Back Startups Outside Africa’s “Big Four”
US-based firm, Black Ostrich Ventures has raised a $20 million fund to invest in cleantech, supply chain, agritech, and edtech in Tanzania, Zambia, Morocco, and Uganda.
- Categories
- Investing
- Region
- Sub-Saharan Africa
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Brazil Aims to Raise $2 Billion in ESG Sovereign Bonds in September
Brazil is set to issue around $2 billion in its first sustainable sovereign bonds in September, a senior Finance Ministry official said.
- Categories
- Environment, Investing
- Region
- Latin America
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MFast Gets Backing from Wavemaker Partners to Increase Financial Services Access in Vietnam
MFast announced it has raised $6 million in its Series A funding round, led by Wavemaker Partners.
- Categories
- Finance, Investing, Technology
- Region
- Asia Pacific
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Viewpoint: Proponents and Critics of ESG Claim It Can Change Society. Both Will Be Disappointed.
Whether or not asset managers are “woke,” ESG doesn’t hurt oil companies or provide capital for solutions to avoid the worst impacts of climate change, writes Ken Pucker.
- Categories
- Environment, Investing
- Region
- Global
- Tags
- ESG, impact investing
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BlackRock Backs Fewer ESG Proposals. The Reason Is Surprising.
In a report released Wednesday, BlackRock’s investment stewardship team said too many proposals were “overreaching, lacking economic merit, or simply redundant.”
- Categories
- Investing
- Region
- Global
- Tags
- ESG
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Press Release: IFC and IDEI Announce Green Bond Issuance for 800 Million Pesos to Promote Sustainable Construction in Mexico
The bond will contribute to the development of green financing for construction in Mexico, while strengthening the country's climate financing market.
- Categories
- Investing, Technology
- Region
- Latin America