NextBillion - A WDI Publication

Analysis: What ESG Investors Need to Know about ‘Systems-Level Investing’

ESG can measure risks to cash flows, but ‘systems-level investing’ offers a more complete view of where corporations might be vulnerable over the long term.

Source

GreenBiz (link opens in a new window)

Categories

Investing

Region

Global

Tags

corporations, systems change

AECF Launches €12.5 Million Sudan SME Catalyser Amidst Conflict

The Africa Enterprise Challenge Fund (AECF) has launched a new initiative aimed at bolstering Small and Medium Enterprises (SMEs) in Sudan in the wake of conflict that has curtailed economic activities.

Source

Business Day Africa (link opens in a new window)

Categories

Investing

Region

Sub-Saharan Africa

Tags

employment, MSMEs, supply chains

Goodwell Invests in OmniRetail, Fuelling Better Opportunities for Informal Retailers

The firm is proud to be the first to commit, underscoring its desire to support the growth of companies driving financial inclusion in underserved communities.

Source

Goodwell (link opens in a new window)

Categories

Investing

Tags

digital inclusion, gig economy, impact investing, supply chains

Press Release: DFC and IDB Invest Expand the Americas Partnership Platform by Creating a New Co-Financing Framework to Promote Sustainable Development in Latin America and the Caribbean

The U.S. International Development Finance Corporation (DFC) and IDB Invest launched a new co-financing framework that furthers their collaboration to support high-impact development projects in Latin America and the Caribbean.

Source

U.S. International Development Finance Corporation (link opens in a new window)

Categories

Finance

Tags

development finance, financial inclusion, global development, partnerships, scale, SDGs

Press Release: Global Verification Body Verra Certifies d.light’s Clean Cookstove Projects in Sub-Saharan Africa

Initiative to distribute 600,000 clean cookstoves in Kenya, Nigeria and Uganda is verified by leading certifier as a trusted source of high-quality carbon credits.

Source

Zawya (link opens in a new window)

Categories

Energy, Environment, Technology

Region

Sub-Saharan Africa

Tags

clean cooking, climate health, decarbonization, energy access, global development

Kenya Vehicle Manufacturers, Basigo Roll Out High-Volume Electric Bus Assembly Plant, Target 1000 Units by 2027

Basigo Kenya Managing Director Moses Nderitu said the new pilot plant will pave way for serial production moving from three units to 20 units per month by the end of the year.

Source

The Kenyan Wall Street (link opens in a new window)

Categories

Energy, Technology, Transportation

Region

Sub-Saharan Africa

Tags

e-mobility

Vodacom Tanzania Acquires Smile for $27.4 Million to Support 4G and 5G Rollout Plans

The agreement grants Vodacom access to Smile's 800MHz and mid-band spectrum. Additionally, Vodacom will use Smile’s 4G LTE network.

Source

Techpoint Africa (link opens in a new window)

Categories

Technology, Telecommunications

Region

Sub-Saharan Africa

Tags

digital inclusion, fintech, infrastructure, mobile finance

Press Release: Spark+ GP Announces Second and Third Closings of Spark+ Africa Fund With Current AUM of USD $64 Million

Spark+ is the first impact debt fund dedicated to growing the clean cooking sector across sub-Saharan Africa.

Source

Spark+ Africa (link opens in a new window)

Categories

Energy, Technology

Region

Sub-Saharan Africa

Tags

clean cooking, development finance