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Viewpoint: The End of Greenwashing Is Now Within Sight
For markets to work well, they must be transparent, trusted and standardized — three qualities that have largely eluded the market for carbon credits. But change is coming.
- Categories
- Environment, Investing
- Region
- Global
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The Coca-Cola Co. Announces Five-Year Investment in Kenya
The Diet Coke maker said it plans to increase investment in the region by “up to $175m”.
- Categories
- Investing
- Region
- Sub-Saharan Africa
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More Data is Not the Answer: Why We Need to Reset Our Expectations for Impact Measurement and Management
Impact measurement and management (IMM) is gaining momentum. As Julia Mensink at Acumen explains, while the sector was once underfunded and under-emphasized, it is now taken much more seriously — not only by impact investors, but also by mainstream banks, pension funds and corporations. But she argues that this progress has brought with it some challenges, including investors' growing demand for rigorous impact data, regardless of the challenges this data collection and reporting may present to entrepreneurs. She proposes some ways investors can work with social enterprises to shift IMM from a burden to a means to greater impact.
- Categories
- Investing, Social Enterprise
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Press Release: Microsoft and G42 Announce $1 Billion Comprehensive Digital Ecosystem Initiative for Kenya
The largest single private-sector digital investment in Kenya’s history will support economic development across East Africa.
- Categories
- Investing, Technology
- Region
- Sub-Saharan Africa
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Techstars-Backed BlackCopper Set Out to Disrupt Lending, Now It Owes Investors ₦1 Billion
Despite its bright start and significant press coverage, BlackCopper soon faced an existential crisis: it could not recover over 60,000 loans disbursed to customers.
- Categories
- Investing
- Region
- Sub-Saharan Africa
- Tags
- digital finance, failure, fintech, lending, startups
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UBA Gets Sh37 Billion Loan From Parent for SMEs
UBA Kenya joins the growing list of lenders directing money towards small businesses.
- Categories
- Investing
- Region
- Sub-Saharan Africa
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OpenseedVC Announces First Close of $10 Million Fund to Back Early-stage African Operators
OpenseedVC is a venture capital firm that plans to support operator-launched startups in Africa and Europe with their first investment.
- Categories
- Investing
- Region
- Sub-Saharan Africa
- Tags
- startups, venture capital
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Maad Raises $3.2M Seed Amid B2B E-Commerce Sector Turbulence in Africa
Maad, a B2B e-commerce startup based in Senegal, has secured $3.2 million debt-equity funding to bolster its growth in the western Africa country and to explore fresh opportunities in the wider Francophone region.
- Categories
- Investing, Technology
- Region
- Sub-Saharan Africa
- Tags
- e-commerce, startups
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