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Carlyle Group to Make Africa Investment
Private-Equity Firm Is Latest to Follow Rush Into Continent With Sub-Saharan Fund; 'We're Here for the Long Haul'
- Categories
- Agriculture
- Region
- Sub-Saharan Africa
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Bamboo Finance Acquires Accion Investment Fund
Bamboo Finance, a global private equity group specializing in microfinance and financing social entrepreneurship, announced today that is has acquired a controlling interest in Accion Investments in Microfinance, SPC, a private, for-profit equity fund that has provided capital to microfinance institutions (MFIs) since 2003.“This US$105 million transaction is a landmark for the industry” said Jean-Philippe de Schrevel, CEO of Bamboo Finance, “It demonstrates the maturity of the sector and its readiness for private investors.”
- Categories
- Uncategorized
- Tags
- impact investing
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Rwanda: Exclusive Growth, Identified As Boosting Instability in Africa
In the recently concluded African Economic Conference (AEC) which was winded in Kigali on November 2nd under the theme "Inclusive and sustainable development in an age of economic uncertainty", it was revealed that continued growth that is not transforming into tangible inclusion of youths in the development process may result into instabilities than economic transformation on the continent.
- Categories
- Environment
- Region
- Sub-Saharan Africa
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GADCO Announces Investment from AATIF Fund sponsored by KfW, Deutsche Bank and the German Government
Global Agri-Development Company (GADCO), the FMCG agri-food company operating in sub-Saharan Africa, is pleased to announce an investment from AATIF (Africa Agriculture and Trade Investment Fund), the public-private partnership funded by the German Government, KfW, and Deutsche Bank.
- Categories
- Uncategorized
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Student Social Entrepreneurs from India Win the 2012 Intel Global Challenge
With a “jugaad” mindset embedded in the culture, India has no shortage of social innovators cooking up solutions to the world’s ills. As a matter of fact, the Greenway Grameen Infra (GGI) team from India has just been announced as the winners of the 2012 Intel Global Challenge at UC Berkeley, receiving $50,000 from the Intel Foundation on their invention of a biomass-based stove that increases fuel efficiency.
- Categories
- Energy
- Region
- South Asia
- Tags
- renewable energy
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Four African Teenagers Create Power From Pee
A group of African girls have made an engine that runs on a truly renewable resource: human urine.
- Categories
- Energy, Environment
- Region
- Sub-Saharan Africa
- Tags
- renewable energy
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My new book will talk about SKS experience: Vikram Akula
A candid account of what went wrong at SKS Microfinance Ltd during 2009-11 is in the offing. Founder and former chairman of SKS Microfinance, Vikram Akula, tells Santosh Tiwari in an interview he was working on his new book, which will focus on his SKS experience and lessons learnt.
- Categories
- Uncategorized
- Region
- South Asia
- Tags
- microfinance
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Bangladesh could be ‘next China’
Bangladesh must act soon to take advantage of its low-cost edge to become the "next China" before Dhaka's competitors take the markets the world's second largest economy is leaving, according to the World Bank.
- Region
- South Asia
- Tags
- employment, manufacturing
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