-
American Express Backs Mexican Fintech Startup Clip as Emerging Markets Warm to Financial Startups
Investment in new financial technologies is exploding globally, and as traditional players look for opportunities they’re increasingly turning their attention to technology companies in emerging markets.
- Categories
- Investing, Technology
- Region
- Latin America
-
UMass Foundation to Divest from Investments in Coal Companies
Continuing the University of Massachusetts community’s leadership on climate change, the UMass Foundation announced today that it will divest from direct investments in coal companies. The Foundation also said that it will continue to evaluate ways to manage the endowment in a manner that promotes both environmental sustainability and socially responsible investing. The Foundation oversees $770M in endowment assets for the UMass System.
-
eBay Founder’s Philanthropic Firm to Invest $350M in India
Omidyar Network, the philanthropic investing firm of billionaire eBay founder, Pierre Omidyar and his wife Pam, plans to invest over $350 million (Rs.2,333 crore) in for-profit ventures and non-profit organisations in India by 2020.
- Categories
- Impact Assessment, Investing
- Region
- South Asia
-
Report: West African impact investing totalled $6.8 billion in last decade
The impact investing industry in West Africa is comparatively small, but growing, totalling US$6.8 billion over the past decade, according to research by the Global Impact Investing Network (GIIN).
- Categories
- Investing
- Region
- Sub-Saharan Africa
- Tags
- impact investing
-
Mark Zuckerberg Responds To Skeptics, Elaborates On LLC Plan
After new parents Mark Zuckerberg and Priscilla Chan revealed their plans this week to give away 99 percent of their Facebook shares, a firestorm of controversy erupted. On the one hand, many people -- including Bill Gates and former New York City Mayor Michael Bloomberg -- praised the couple for the generous gesture. Others, however, questioned their motives.
- Categories
- Investing
-
Kenyans to Trade Equities on Safaricom Mobile Phones in 2016
Safaricom Ltd., East Africa’s biggest mobile-phone operator, expects Kenyans to start trading stocks on their mobile phones early next year, using a product it developed to enable customers to buy government bonds, Chief Executive Officer Bob Collymore said.
- Categories
- Investing
- Region
- Sub-Saharan Africa
- Tags
- digital payments
-
The World’s First Impact Focused Equity Crowdfunding Portal Launches to Fund Pan African Start Ups
Small and medium-sized enterprises (SME's) are the primary job creation engine in Africa, accounting for over 95% of firms and 60%-70% of employment. Yet, SME's on the continent report access to finance as the biggest obstacle to growth. Malaik, an impact-focused equity crowdfunding portal, test launched today, to connect investors interested in impact investment opportunities and entrepreneurs raising equity finance. Malaik offers the global community clear and well-documented opportunities for high impact investing in African businesses, a chance to participate in Africa's growth story.
- Categories
- Impact Assessment, Investing
- Region
- Sub-Saharan Africa
-
Africa Gets Crowdfunding Association
The African Crowdfunding Association (ACfA) has been launched as a way to lobby for the creation of crowdfunding legislation on the African continent.
- Categories
- Investing
- Region
- Sub-Saharan Africa
- Tags
- crowdfunding