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MCFA to Support KOKO Networks to Scale up Its Bioethanol Solution for Clean Cooking Across Kenya
The first project from MCFA’s second funding round has been signed with KOKO Networks, a Kenyan provider of clean cooking solutions based on the use of sustainable bioethanol.
- Categories
- Energy, Environment, Investing
- Region
- Sub-Saharan Africa
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Sierra Club Foundation Announces Break from BlackRock/Aperio In Favor of More Financially Responsible Asset Managers
The decision to switch asset managers follows refusal by BlackRock to address the systemic financial implications of the climate crisis in its investment and stewardship decisions.
- Categories
- Environment, Investing
- Region
- Global
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US Wealthtech Waltz Preps Latin America Launch With New $25 Million Credit Line
The credit line has been provided by affiliates of Setpoint Capital, with Waltz now leveraging $50 million in combined equity and debt funding.
- Categories
- Investing
- Region
- Latin America
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BURN, Trade and Development Bank Group to Expand Access to Clean Cooking in Mozambique, DRC & Zambia
The agreement will support the rollout of BURN’s industry-leading ECOA biomass and IoT-enabled induction cookstoves.
- Region
- Sub-Saharan Africa
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Walmart Vriddhi Partners To Empower an Additional 100,000 MSMEs for Business Growth by 2028, Expanding Their Access to International Markets
"The program provides MSMEs with digital tools, personalized mentorship and market access to expand their reach both nationally and internationally, supporting sustainable business models and cross-border trade via Walmart Marketplace."
- Categories
- Investing
- Region
- Asia Pacific
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Global Development Deal Sealed Before Seville Meeting as US Quits
"Analysts are split over whether the Seville Commitment on development - forged without the US - represents progress or stagnation."
- Categories
- Investing
- Region
- Global
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To Truly Innovate, WASH Funders Need to Get Their Hands Dirty: Key Learnings from Five Years of Pioneering Impact-Linked Finance in Water, Sanitation and Hygiene
The water, sanitation and hygiene (WASH) sector faces a funding gap of around US $138 billion per year if it hopes to reach SDG 6’s goal of universal WASH access by 2030. According to Arnaud Alt and Annemarie Mastenbroek at Aqua for All, and Christina Moehrle, to address this shortfall, funders need to develop more hands-on financing approaches, working closely with entrepreneurs and organizations to better understand their context, challenges and needs. They explain why Impact-Linked Finance (ILF) represents one such approach, and share two key lessons from Aqua for All's "ILF for WASH" program.
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Thesis-Driven Funds: A New Model for Transformational Philanthropy
Many wealthy donors are missing out on opportunities to make transformative investments such as creating a new scientific field or sparking the Green Revolution.
- Categories
- Investing
- Region
- Global
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