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LeapFrog raises $400 million for social impact investments in Asia, Africa
(Reuters) - LeapFrog Investments, a private equity firm backed by George Soros and JP Morgan, said it has raised $400 million for socially responsible investments in Asia and Africa - the largest ever for a fund specializing in low-income emerging market financial services.
- Categories
- Impact Assessment
- Tags
- impact investing
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India’s Bandhan Bank’s plans to usher in a new model in financial inclusion
Bandhan will start its journey with 600 branches. The microfinance company’s existing 2,016 offices will operate as sub-branches, each having an army of salaried field staff to take banking to the villages.
- Categories
- Uncategorized
- Region
- South Asia
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Globacom’s new direction for mobile money development in Nigeria
Globacom is in a renewed push to scale up mobile money services in Nigeria, through the formation of a new partnership ecosystem, comprising of leading financial services companies, and a robust nationwide agent network.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
- Tags
- mobile finance
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Investing to Make a Difference Is Gaining Ground
Interest in impact investing, which has been around for more than a decade, is growing and changing. Some $3.74 trillion, or 11 percent, of total United States assets under management were placed in sustainable investments in 2012.
- Categories
- Impact Assessment
- Tags
- impact investing
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CREO Investors Pledge $300 Million for Environmental Impact
Nearly a dozen wealthy families are announcing today that they have committed to invest a combined $300 million over five years in commercial ventures in the areas of climate, energy, health, food and sustainability.
- Categories
- Energy, Environment
- Tags
- impact investing
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Harvard Receives Largest-Ever Donation
A $350 million gift pledged to Harvard University's School of Public Health is the largest single donation in the university's long history, officials said, and will help bolster research in several key areas including global pandemics.
- Categories
- Education
- Tags
- philanthropy, research
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Dengue fever vaccine shown to be significantly effective in Latin America clinical studies
Sanofi Pasteur announced last week that it has completed the third phase of its clinical study for a vaccine candidate in Latin America aimed at eliminating dengue fever.
- Categories
- Health Care
- Region
- Latin America
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M-Pesa To Monitise: How Necessity Is Pushing FinTech Innovation From Africa To The UK
Necessity is often said to be the driver of innovation. Nowhere is this clearer than with the mobile-phone based money transfer and microfinancing service, M-Pesa, in Kenya, wherein the need to provide financial services to the under-banked population resulted in a truly transformative fintech solution.
- Categories
- Uncategorized
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