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ID Verification Company Equal Bags $10 Million in First Institutional Raise
Equal is building a platform which helps businesses streamline their know your customer (KYC) processes and prevent fraud, thereby assisting in regulatory compliance through integration with about 50 identity databases.
- Categories
- Investing, Technology
- Region
- Asia Pacific
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EAAIF Makes Anchor Investment of $28 Million in Africell
The Emerging Africa & Asia Infrastructure Fund has invested in the African mobile operator’s $300m international public bond, the proceeds of which will strengthen mobile and data connectivity for subscribers in four countries.
- Categories
- Investing, Technology, Telecommunications
- Region
- Sub-Saharan Africa
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Sweden Grants $4.8 Million to African Development Bank to Boost Capital Markets Integration Across Africa
The funds will support several strategic initiatives, including bringing legal and regulatory frameworks into line with international best practice.
- Categories
- Investing
- Region
- Sub-Saharan Africa
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Rethinking our Approach to Multilateral Collaboration: Why it’s Time to Give the Philanthropic and Private Sectors an Equal Seat at the Table
With only 17% of the Sustainable Development Goals (SDGs) on track, doubts are growing about the effectiveness of the world's current approach to multilateral collaboration. As Simon Sommer at the Jacobs Foundation and Dina Ghobashy at Microsoft argue, part of the problem is that businesses and philanthropic organizations are rarely viewed — or treated — as equal partners of international institutions and national governments in pursuing development goals. They propose a new approach to multilateralism, based on greater cohesion between the public, private and non-profit sectors.
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BlackRock Hit by ESG Fund Setback in Europe, Says Morningstar
For the first time in at least 3 1/2 years, BlackRock has seen clients withdraw more cash from its environmental, social, and governance (ESG) funds in Europe.
- Categories
- Investing
- Region
- Global
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Oxfam Report Reveals Billions in Unaccounted World Bank Climate Finance, Urges Urgent Transparency Reforms
Oxfam labels this reliance on ex ante figures “Unaccountable Accounting,” noting that it fails to provide accurate data on the extent and efficacy of climate investments.
- Categories
- Energy, Environment, Investing
- Region
- Global
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Press Release: IFC Invests in Biodiversity Bond Issued by Davivienda to Support Sustainable Finance and Biodiversity Protection in Colombia
IFC's participation in the bond issuance represents an innovative financing instrument, as it supports the second biodiversity bond to be issued globally.
- Categories
- Environment, Investing
- Region
- Latin America
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African ‘Gender Equal’ VC Janngo Capital Closes Second Fund at $78 Million
The firm stylizes itself as a “gender equal” investor and has so far lived up to its name.
- Categories
- Investing
- Region
- Sub-Saharan Africa
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