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Press Release: USD 127 Million Social Impact Securitization Vehicle for off-Grid Solar Sector in Kenya
BLK1 has increased the size of its local currency receivable financing facility for d.light’s Kenyan business to USD 127 million with an additional USD 15 million of senior debt from Norfund.
- Region
- Sub-Saharan Africa
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Christensen Institute, MIT Legatum Center Launch Bootcamp for African Innovators
The Clayton Christensen Institute, a nonprofit and nonpartisan think tank based in Boston and Silicon Valley in the United States, has announced a collaboration with the MIT Legatum Center for Development and Entrepreneurship aimed at empowering early-stage entrepreneurs in seven African countries to create new economic growth engines. The new collaboration, called Market-creating Innovation (MCI) Bootcamp, aims to bridge the gap between emerging market entrepreneurs and market-creating innovation opportunities.
- Categories
- Entrepreneurship
- Region
- Sub-Saharan Africa
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These Investors Want to Back ‘Ridiculously Early’ Female-Led African Startups
In 2019, female-led companies received less than 5 percent of the global venture capital. Bringing it to Africa, only 10 percent of the West African startups that cumulatively raised $1 million had at least one female co-founder in the past decade.
- Categories
- Entrepreneurship
- Region
- Sub-Saharan Africa
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Analysis: Humanitarian Crises Monitoring: Coronavirus in Developing Countries: Secondary Impacts
Developing countries face disastrous healthcare setbacks, hunger and huge international debt as covid-19’s ‘final wave.’
- Categories
- Coronavirus, Health Care
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Pearl Recycling’s Simple but Creative Approach Towards Tackling Climate Change in Nigeria
Earth’s temperature is currently at 0.99 °C, and nineteen of the 20 warmest years we have witnessed occurred around 2001. It doesn’t help that according to a NASA Climate Change report, some of the devastating effects of climate change on our environment are heat waves, heavy downpour, erosion, rising sea-levels, drought, increased temperature, wildfires and many more.
- Categories
- Entrepreneurship, Environment
- Region
- Sub-Saharan Africa
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Press Release: New Report Shows Promising Improvements in off-Grid Appliance Energy Efficiency
The 2021 Appliance Data Trends report finds near-to-market products are significantly more energy efficient and affordable than they were five years ago. Televisions are 48% more efficient and 44% cheaper than 2016 models, despite increases in screen size. Similarly, fans are 49% more efficient than models assessed two years ago, with some models 2-3 times more efficient than conventional models sold in Europe.
- Categories
- Energy, Technology
- Region
- Sub-Saharan Africa
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Analysis: Climate Crisis Is Foundation of Indian Farmers’ Protests
The current protests by Indian farmers against the passage of three laws have deep roots in income insecurity, which is driven by changing rainfall patterns and incentives that promote the overuse of water.
- Categories
- Agriculture, Environment
- Region
- Asia Pacific
- Tags
- agriculture, climate change, farming, governance, water
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Viewpoint: Why 2021 Can and Should Be the Year for Breakthrough Collaboration
Spiralling COVID-19 infections and deaths, economic turmoil and political instability have continued unabated into 2021, further rattling our economies and societies. Last year has left us in no doubt that global systems, already under strain at the start of the pandemic, are broken. Failing to meet the SDGs, widening inequality and climate breakdown are just some of the symptoms of our crisis-stricken world.
- Categories
- Coronavirus, Entrepreneurship
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@NextBillion (link opens in a new window)
Press Release Via African Frontier Capital: USD 127 Million #SocialImpact (link opens in a new window) Securitization Vehicle for #offGridSolar (link opens in a new window)… https://t.co/QJSyjTij98 (link opens in a new window) -
@NextBillion (link opens in a new window)
News Via @FinancialNG (link opens in a new window): Christensen Institute, MIT Legatum Center Launch Bootcamp for African #Innovators (link opens in a new window):… https://t.co/AblC2wU2UY (link opens in a new window) -
@NextBillion (link opens in a new window)
Combining #coldstorage (link opens in a new window) with solar #minigrids (link opens in a new window) in #Africa (link opens in a new window) is a "multiple-win no-brainer," say analysts at… https://t.co/DHv3YPYsPs (link opens in a new window)