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Elchemy Secures $5.6 Million in Funding Prime Venture Partners, Others
Elchemy is a cross-border specialty chemical distribution platform based in Mumbai.
- Categories
- Investing
- Region
- Asia Pacific
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IFC Invests in Grupo Farmanova Intermed to Expand Access to Affordable and Quality Medications in Central America and the Caribbean
The IFC financing—a loan with an option to convert into a minority equity stake in the company—will enable GFI to consolidate all its operations in a state-of-the-art logistics and administrative center.
- Categories
- Health Care, Investing
- Region
- Latin America
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You Can’t Have Global Standards Without the Global South: Why Emerging Markets Must Lead the Way in Driving Impact Reporting Transparency
In recent years, global standard-setting bodies have released widely adopted impact reporting standards, designed to ensure that companies disclose sustainability- and climate-related information alongside their financial statements. Though these standards are a huge step forward for global impact transparency, Ibukun Awosika argues that they reveal a troubling power dynamic between developed and emerging markets. She explores how key voices in the Global South were left out of the process of developing these standards, and proposes two changes that can ensure a greater role for them going forward.
- Categories
- Environment, Investing
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Sanari Capital Invests $5 Million in Energenic Holdings to Boost Energy Solutions in Africa
With electrification rates averaging only 30% in many regions, there is increasing demand for alternative power solutions, particularly renewable hybrid systems.
- Categories
- Energy, Investing, Technology, Telecommunications
- Region
- Sub-Saharan Africa
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Kenya’s Hustler Fund Is a Flop. Why President Ruto’s Plan to Loan Money to Entrepreneurs Hasn’t Worked
The Kenya government acted as a micro-lender via the Hustler Fund, which was applauded by the financial inclusion lobby as a way to correct failures in the credit market.
- Categories
- Investing
- Region
- Sub-Saharan Africa
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Viewpoint: Gender Equality Cannot Be Last on the Agenda at COP29 Climate Talks
Women can be powerful agents of climate action if included in decision-making processes and given access to the right resources.
- Categories
- Agriculture, Education, Energy, Environment, Finance, Health Care, Impact Assessment, Investing, Social Enterprise, Technology, Telecommunications, Transportation, WASH
- Region
- Global
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Press Release: Rockefeller Foundation Advances African-Led Energy Transition Solutions at COP29
The Rockefeller Foundation announced $US10.9 million for the African Climate Foundation; African School of Regulation; Clean Cooking Alliance, via UN Foundation, in Kenya; GOGLA; SEforALL, via UNOPS, in Zambia.
- Region
- Global
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Acumen Announces $300 Million Agricultural Adaptation Commitment
A five-year commitment will help close agrifood adaptation finance gap, reach forty million smallholder farmers, feed one billion people by 2030.
- Categories
- Agriculture, Investing
- Region
- Global
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