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Will Crowdfunding Become a Big Deal in India?
Crowdfunding — the practice of raising small amounts of capital from a large number of people to fund new ventures — is finally gaining traction in India. The question is: Will it deliver like it has in other markets?
- Categories
- Finance
- Region
- South Asia
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CARE Enterprises Announces Plans to Deploy $30 Million through Investment Structures and Collaboration with World Economic Forum’s Fourth Sector Development Initiative
For-benefit enterprises are hybrid business structures whose primary purpose is to deliver social and environmental benefit. They constitute a fourth sector of the economy, which has been growing at the intersection of the traditional private, public and nonprofit sectors for decades.
- Categories
- Investing
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Impax Acquires Pax World To Create $14B Impact Investing Firm
Pax World Management, investment advisor to Pax World Funds with $4.5 billion in AUM, has been acquired by Impax Asset Management Group plc, a United Kingdom-based firm with $9.4 million in AUM. Both firms specialize in sustainable and impact investing.
- Categories
- Investing
- Tags
- ESG, impact investing
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Ghana Launches Free High School Education
Ghana introduced free compulsory education at the primary and junior high school levels in 1995 as required by the constitution, but implementation took time. It wasn't until 2014 that the World Bank said Ghana had achieved near-universal access at the primary level.
- Categories
- Education
- Region
- Sub-Saharan Africa
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OPIC Commits $20 Million Loan for WaterEquity’s Social Impact Investment Fund
Press release: WaterEquity, an innovation of Water.org, today announced it has received a commitment for a $20 million loan from the Overseas Private Investment Corporation. OPIC, a self-sustaining U.S. government agency that helps American businesses invest in emerging markets, is supporting WaterEquity’s WaterCredit Investment Fund 3 (WCIF3), a $50 million social impact investment Fund that will invest in enterprises serving water and sanitation needs among the world’s poor.
- Categories
- Environment, Impact Assessment
- Region
- South Asia
- Tags
- impact investing
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Australia Launches its First Live Impact Investing Database
Investors looking to support businesses making a social impact have been bolstered by the launch of a live impact investing database, which looks to connect investors and investees in this growing market.
- Categories
- Impact Assessment, Investing
- Region
- Asia Pacific
- Tags
- ESG, impact investing
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Africa a guinea pig for the feasibility of digital payment systems
The term “leapfrog” is popular among Africa tech analysts, who point to how the continent embraced mobile phones at a time when few African countries had a properly developed fixed-line network.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Chilean startup ComparaOnline raises $14 million for its financial education tools for Latin America
The company, now backed by private equity firm Bamboo Capital Partners and the International Finance Corp., the investment arm of the World Bank Group, pitches financial educational tools to consumers in Brazil, Chile, and Colombia.
- Region
- Latin America
- Tags
- fintech, venture capital
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