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Nigerian Tycoon Shortlists 167 Kenyan Start-Ups for Funding
Nigerian billionaire businessman and philanthropist Tony Elumelu has selected 167 Kenyan entrepreneurs to benefit from his Sh9.2 billion start-up fund targeting 10,000 enterprises across Africa.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
- Tags
- impact investing
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Viewpoint: Be Bold: How Gavi Will Immunise Another 300 Million Children
A challenge stands before us: ensuring immunisation of the world’s poorest children. If we, as global citizens can meet it, we will help protect the lives of millions in places too poor to afford vaccines.
- Categories
- Health Care
- Tags
- vaccines
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Ratan Tata, Others Invest in Grameen Capital’s Social Impact Debt Funding Arm
Grameen Capital India, a social impact-focused investment advisory firm, has raised an undisclosed amount in funding from a group of investors, including Ratan Tata, chairman emeritus of Tata Sons, the holding firm of Tata Group, for a new debt investment vehicle.
- Categories
- Impact Assessment
- Region
- South Asia
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South Africa Taps Emocha for Tuberculosis-Fighting Mobile Apps
Johns Hopkins-affiliated health IT startup emocha is marking World TB Day with the launch of a new system in South Africa.
- Categories
- Health Care, Technology
- Region
- Sub-Saharan Africa
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What Qualifies As CSR and What Does Not?
Trees in your company campus, jobs for people with disabilities and fuel-efficient office cars may be good for the society and the environment. Continue the good work, but none of that counts as corporate social responsibility (CSR) under the law.
- Categories
- Environment
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Artoo IT Solutions Raises Rs 3.1 crore Series A Funds From Accion Venture Lab, Artha Initiative
Bengaluru-based Artoo IT Solutions, which has developed a financial customer relationship management solution for the financial sector, has raised $500,000 (Rs 3.1 crore) in Series A round of funding from Accion Venture Labs and Switzerland-based Rianta Capital Zurich's Artha Initiative.
- Categories
- Uncategorized
- Region
- South Asia
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Social Impact Bonds for Factories in Bangladesh
2013 Rana Plaza disaster in Bangladesh, where nearly 1,200 garment workers lost their lives from a factory collapse, are wrestling with a critical question: Who should pay for the work needed to ensure basic factory safety standards in Bangladesh?
- Categories
- Finance, Impact Assessment
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Innovation in Somalia: Launch of E-Transfer Cards in Bossaso
In February, Somalia became the second country in the world where WFP has launched its groundbreaking new system for managing assistance programmes, a platform known as SCOPE. The SCOPE information system allows WFP to monitor and control all its distributions of food, cash and vouchers electronically and in near real time. SCOPE also allows WFP to register beneficiaries, store information on the amount of food or money they are entitled to and – in the case of cash or vouchers – transfer the specific amount onto the cards. There was a buzz of anticipation as the first SCOPE transfer cards were handed out.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
- Tags
- digital payments
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