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Q&A: Batten professor helps launch World Refugee Fund
Mahoney, also the director of Social Entrepreneurship at the University and author of “Failure and Hope: Fighting for the Rights of the Forcibly Displaced,” co-founded the Alight Fund with her husband as a for-profit investment fund to support refugee and host community entrepreneurs.
- Categories
- Investing
- Tags
- lending, microfinance, refugees
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LeapFrog announces USD 180 million investment in Enterprise Group Ltd
LeapFrog Investments, the profit-with-purpose investor in emerging markets, today announces a total investment of USD 180m in Ghanaian financial services market leader, Enterprise Group Limited (Enterprise Group). The transaction draws from a USD 350m separately managed account, LeapFrog Strategic African Investments (LSAI), which was established in 2016 to access high growth markets in Africa.
- Categories
- Investing
- Region
- Sub-Saharan Africa
- Tags
- impact investing
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Bridge International Academies Sues Kenya National Union of Teachers for Defamation
Bridge International Academies Limited has sued Kenya National Union of Teachers (Knut) and secretary-general Wilson Sossion for defamation, arguing that they published offensive and untrue information about the chain of schools in reports and letters to various education stakeholders.
The chain has asked the High Court to issue an award for damages caused by Knut and Mr Sossion’s statements as well as bar them from further defaming Bridge International Academies.
Mr Sossion in his response argues that his claims on Bridge International reaping profits without providing quality education were fair comments that were well researched by Knut and global lobby Education International (EI).
- Categories
- Education
- Region
- Sub-Saharan Africa
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Intellecap CEO Nisha Dutt gets social entrepreneur of year award
Nisha Dutt, Chief Executive Officer of Hyderabad-based Intellecap has been honoured with the “Social Entrepreneur of the Year” award at The 7th Asian Awards in London.
- Categories
- Uncategorized
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F.B. Heron Foundation President Clara Miller to Step Down
Miller, who has served as director and president of Heron since 2010, will assume the role of president emerita and will continue to write, speak, and undertake research aimed at advancing the foundation's mission.
- Categories
- Investing
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Investment trust’s $150m listing to bring ‘impact investing’ to mass market
Currently impact investing is focussed on private equity and private debt meaning it is only available to the wealthiest of private investors, such as family offices. This is despite demand for socially responsible investment products from the upcoming generation of investors.
- Categories
- Investing
- Region
- Europe & Eurasia
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Hike beats WhatsApp to launching messenger app payments in India
Hike, which is introducing version 5.0 today, is starting out with peer-to-peer and bank-to-bank payment options, the former being an in-app wallet that is not dependent on a bank account and the latter a service powered by India’s government-backed UPI payment system. Beyond sending cash to each other, Hike has also introduce a ‘blue packet’ feature that lets users gift digital envelopes of cash for special occasions, such as birthdays.
- Categories
- Technology
- Region
- South Asia
- Tags
- digital payments, fintech
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Why cross-border payments are the next innovation frontier
Market analysts have predicted that cross-border payments are the next frontier where innovative technologies will challenge the existing expensive, clunky business models.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
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