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Norrsken22’s Debut Fund Closes at $205 Million to Back Growth-Stage Startups in Africa
Norrsken22’s target remains investing in approximately 20 startups. The fund’s typical investment ticket size averages around $10 million.
- Categories
- Investing, Technology
- Region
- Sub-Saharan Africa
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Press Release: Oikocredit, Goodwell Investments and Global Partnerships Invest in Good Nature Agro to Support Southern African Smallholder Farmers
Investors commit a combined total of US$ 8.5 million to expand Good Nature Agro’s social impact.
- Categories
- Agriculture, Investing, Social Enterprise
- Region
- Sub-Saharan Africa
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Developing Countries Owe China at Least $1.1 Trillion – And the Debts Are Due
China remains the world’s single largest official source of development finance and continues to out-fund any single Group of Seven (G7) developed economy as well as multilateral lenders.
- Categories
- Investing
- Region
- Global
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MicroVest Invests in Bayport Colombia to Expand Access to Payroll Loans for Public Sector Employees
The investment aims to support Bayport’s goal of broadening its reach to a larger portion of public sector employees and pensioners to expand credit accessibility and financial empowerment.
- Categories
- Investing
- Region
- Latin America
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How Fintech is Enabling Progress Toward the SDGs — And Why it’s Time for Investors to Double Down
Due to high interest rates and other macroeconomic challenges, there's been a global slowdown in venture capital funding to tech firms. David Grimaud at Bamboo Capital Partners explains how this lack of investment is impacting fintech companies in emerging markets, putting not only financial inclusion but other development priorities at risk. He explores how fintech innovators are advancing multiple SDGs, and how the investment community — especially impact-focused investors — can better support them.
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Carbon Offset Market Faces Chaos as African Mega-Project Collapses
The breakup of the partnership behind one of the world’s biggest carbon projects in Zimbabwe raises new doubts about the carbon market’s ability to backstop failures.
- Categories
- Energy, Environment, Investing
- Region
- Sub-Saharan Africa
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Africa’s Fashion Industry Expanding Globally but Requires Increased Investment – UNESCO
The demand for African fashion brands is also spurred by the growth in e-commerce, the UNESCO report noted.
- Categories
- Investing
- Region
- Sub-Saharan Africa
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A New Approach to Philanthropy: Why the Sector Must Prioritize Systems Change — And How Funders Can Respond
As global development challenges like inequality and climate change worsen, philanthropy is increasingly focusing on systems change — i.e., efforts to address the complex root causes of societal problems, rather than simply addressing the problems themselves. Heather Grady at Rockefeller Philanthropy Advisors (RPA) explores why this new focus requires a different approach to philanthropic giving, and shares key learnings from RPA's Shifting Systems Initiative that could be useful to the broader philanthropic community working on systems change.
- Categories
- Investing
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