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Jacqueline Novogratz and Acumen Raise $300 Million For Off-Grid Solar In Africa
Backers include Green Climate Fund, IFC, Shinhan Bank, Nordic Development Fund and Soros Economic Development Fund.
- Categories
- Energy, Social Enterprise
- Region
- Sub-Saharan Africa
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Analysis: We Tested AI Impact Assessments. Here’s What We Learned.
Can generative AI speed up and strengthen impact-performance assessment of venture investments?
- Categories
- Social Enterprise
- Region
- Global
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Kenya’s SunCulture Raises USD $5 Million to Scale Solar-Powered Irrigation in Africa
SunCulture offers solar-powered irrigation pumps, providing smallholder farmers with a sustainable and affordable alternative to diesel or manual systems.
- Categories
- Agriculture, Energy, Investing, Social Enterprise, WASH
- Region
- Sub-Saharan Africa
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The ABCs of Catalytic Sunsetting: How Foundations and Other Philanthropic Funders Can Exit Boldly — And Leave a Bigger Legacy
What if the best way to ensure your philanthropic legacy … was to close your doors? As Nancy Swanson-Roberts at Linked Foundation and Kusi Hornberger at Dalberg Capital argue, the world’s most pressing problems demand urgent, bold action that incremental giving over generations often can't enable. They explain why philanthropic organizations like Linked Foundation are deliberately spending down their assets within a defined timeframe to catalyze systemic change — an approach they call “catalytic sunsetting" — and share three strategies that can help any funder exit with purpose and power.
- Categories
- Investing, Social Enterprise
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Mastercard Foundation Continues Africa Push with $10 Million for Sahel Capital
The investment is directed to the Social Enterprise Fund for Agriculture in Africa (SEFAA), a vehicle designed to finance small and medium-sized enterprises (SMEs) that support smallholder farmers across the continent.
- Categories
- Agriculture, Social Enterprise
- Region
- Sub-Saharan Africa
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Miller Center Capital Supports Altitud to Expand Economic Opportunities for Women in Mexico
For more than a decade, Altitud has provided affordable credit to women who are starting sewing enterprises, which is often their first step toward financial independence.
- Categories
- Investing, Social Enterprise
- Region
- Global
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British International Investment Anchors CRDB Bank’s Landmark Islamic Bond to Promote Financial Inclusion in Tanzania
Tanzania’s first large-scale Islamic bond issued by a private sector institution marks a major milestone in the country’s financial landscape.
- Categories
- Investing, Social Enterprise
- Region
- Sub-Saharan Africa
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Building Smarter Data Practices in Entrepreneurship Support Ecosystems: How Entrepreneurs, Investors and Other Stakeholders Can Drive Systemic Change
Entrepreneurship support ecosystems include a diverse range of actors, from incubators and accelerators to policymakers, impact investors and other funders. But though strengthening these ecosystems is a growing priority in emerging markets, monitoring, evaluation and learning remains a persistent challenge, due in part to a lack of data sharing. Heather Esper at the William Davidson Institute and Keith Obade and Moses Waweru at Villgro Africa explore the reasons various stakeholders collect data, the obstacles that keep this data fragmented and underutilized, and the ways these ecosystems can improve their data practices.
- Categories
- Investing, Social Enterprise