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USDA, TechnoServe Sign 3-Year, $15M Grant Supporting Cashew Farmers
The United States Department of Agriculture (USDA) and TechnoServe intend to enter into a three-year grant agreement to support small-scale cashew producers, processing factories and the Government of Mozambique’s ongoing efforts to reduce poverty. This $15 million Food for Progress-funded project will support the cashew industry by harnessing global market demand for premium cashew kernel and addressing obstacles throughout the value chain, including in the areas of inputs, production, processing and marketing. In total, this project will support 30,000 smallholder cashew farmers by increasing their productivity and competitiveness as well as connecting them to new markets.
- Categories
- Agriculture
- Region
- Sub-Saharan Africa
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MaRs launches Social Venture Connection, SVX
Socially-minded investors in Ontario who want to make a difference while making a profit have a new financial tool at their fingertips. The MaRs Discovery District’s Social Venture Connection, or SVX, is launching at the Toronto Stock Exchange Thursday.
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- Uncategorized
- Tags
- impact investing
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Swaziland: MSF Rolls Out Innovative Approach to Prevent Mother-to-Child HIV Transmission
Stopping the spread of HIV/AIDS from mothers to their children is an essential step in curbing the epidemic of the disease in Swaziland. Beginning in February 2013, Doctors Without Borders/Médecins Sans Frontières (MSF) has been rolling out an innovative approach, commonly referred to as PMTCT B+ (prevention of mother-to-child transmission, option B+), in southern Swaziland's Nhlangano area.
- Categories
- Health Care
- Region
- Sub-Saharan Africa
- Tags
- public health
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Sankalp & SOCAP enter global alliance to further Impact Investing market
Intellecap initiative Sankalp Forum announced a strategic partnership with Social Capital Markets, convener of the international SOCAP conference series, in San Francisco during SOCAP ‘13. Sankalp Forum is an enabling platform that helps social enterprises find investors, mentors and scale. And SOCAP works towards increasing the flow of capital towards social good.
- Categories
- Uncategorized
- Region
- South Asia
- Tags
- impact investing
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$30M Investment Fund Focuses on Detroit Housing
The Troy MI-based Kresge Foundation and a Washington nonprofit on Tuesday announced a $30 million effort aimed at building housing along Detroit’s Woodward Avenue corridor. The project will be called the Woodward Corridor Investment Fund, and will provide long-term fixed rate loans that aren’t now available through traditional financing. The aim is to allow developers to move quickly on construction projects.
- Categories
- Investing
- Tags
- housing
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Apollo pins hopes on affordable healthcare
Apollo Hospitals will bank on its own revenues for its rural healthcare drive under the brand Apollo Reach, with an aim at faster return on capital expenditure. “We have 10 Reach hospitals in operation. In the next three years, we’ll have 1,300 beds set up in Tier I cities, and another 1,100 in Tier II cities,” said Joint Managing Director Suneeta Reddy. Setting up a Reach hospital in a Tier II city will cost about Rs 50 lakh, which is less than half of what it takes for a healthcare centre in a city, she said. Each Reach hospital has about 120 beds.
- Categories
- Health Care
- Region
- South Asia
- Tags
- public health
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Social Business Finalists Unveiled in the Siemens Stiftung ‘Empowering People’ Award
The Siemens Stiftung organized an international competition to find simple but intelligent technological solutions with the capacity to sustainably improve the lives of people in developing countries. The international jury will announce the top three winners at the Award Ceremony in Nairobi. They will receive prize money of 100,000 EUR in total. From now until October 21st, anyone can take part in the online voting and choose their personal favourite for the special community prize.
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- Uncategorized
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Indonesian farmers need innovative financing to boost productivity
The Indonesian Chamber of Commerce and Industry (Kadin Indonesia) is calling for better access to finance for farmers to help increase their productivity.
- Categories
- Agriculture