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Kresge Steps Up Social Investment Strategy, Commits to Invest $350 Million by 2020
The Kresge Foundation's board of trustees has stepped up its social investment plans with a commitment to invest $350 million, or 10 percent of the value of its endowment, in socially beneficial efforts by 2020.
- Categories
- Impact Assessment
- Tags
- impact investing
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New IRS Rule Likely to Make Impact Investing Easier
The Internal Revenue Service took a major step this week to calm grant makers’ fears about taking risks with impact investments, giving them a green light to commit more of their assets to investments that further their missions.
- Categories
- Uncategorized
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Viewpoint: Sanitation Financing: An Opportunity to End Open Defecation
“Why do we have toilets at school but not at home?” This question from one of her children prompted Nusrat, a wife and mother of six living in India, to apply for a sanitation loan. Within two weeks of receiving the loan, Nusrat was able to purchase a toilet. Now, one year later, the monthly instalments on Nusrat’s loan have all been repaid and her family is happier, healthier, and safer.
- Categories
- Health Care
- Region
- South Asia
- Tags
- impact investing
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MoneyGram Expands Mobile Money Choices in Africa With Vodacom Partnership
MoneyGram, a global provider of innovative money transfer and payment services, and Vodacom, the leading telecom company in Tanzania, have announced that Vodacom subscribers can now receive money directly into their M-Pesa accounts through MoneyGram’s money transfer services.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Gates Foundation Opens Free TB Medicine Gate to All
Tuberculosis (TB) patients seeking treatment at private hospitals anywhere in the state will no longer have to pay for the expensive drugs.
- Categories
- Health Care
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Equity Completes Acquisition of DRC-Based ProCredit Bank
Equity has completed acquisition of ProCredit Bank of the Democratic Republic of Congo after receiving regulatory approval from Kenya and DRC.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
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African Development Bank Seeks to Spur $55 Billion for Energy
African Development Bank President Akinwumi Adesina, who took over this month, said he’s aiming to eliminate Africa’s energy deficit by 2025 by mobilizing $55 billion of investment.
- Categories
- Energy
- Region
- Sub-Saharan Africa
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MOOCs on the Move
s MOOCs grow in influence and sophistication, they’re no longer simply reimagined in a Harvard classroom or even in a nearby studio. Recently, transforming a residential course — going digital viaHarvardX — included filming in far-flung Rwanda and Haiti.
- Categories
- Education, Health Care, Technology
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